Brief: Amoeba FY Net Loss EUR Widens To Eur 7.3 Million

Amoeba SA

27/03/2020 17:15

March 27 (Reuters) - Amoeba SA  AMEBA.PA :
    * FY OPERATING LOSS EUR 5.5 MILLION VERSUS LOSS OF EUR 6.1 MILLION YEAR AGO
    * AMOEBA: 2019 ANNUAL RESULTS IN LINE WITH DEVELOPMENT PLAN
    * FY NET LOSS EUR 7.3 MILLION VERSUS LOSS OF EUR 7.2 MILLION YEAR AGO
    * FY REVENUE EUR 0.1 MILLION VERSUS EUR 0.1 MILLION YEAR AGO
    * AT 31 DEC 2019, THE COMPANY'S EQUITY AMOUNTS TO 4.2 M€ COMPARED TO 5.4 M€
AT 31
DEC 2018
    * CASH AND CASH EQUIVALENTS AMOUNT TO € 4.8 MILLION COMPARED TO € 3.5
MILLION AT
DECEMBER 31, 2018.
    * END-DEC CASH AND CASH EQUIVALENTS AMOUNT TO € 4.8 MILLION VERSUS € 3.5
MILLION
AT DEC 31, 2018
    * ON COVID-19: COMPANY REMAINS ORGANIZED TO ENSURE CONTINUITY OF ACTIVITIES,
NAMELY RESEARCH, FIELD TRIALS AND FINALIZATION OF REGULATORY FILES
    * THE EUROPEAN DOSSIER, WHOSE SUBMISSION WAS SCHEDULED FOR END OF MARCH,
WILL BE
SUBMITTED TO AUSTRIAN COMPETENT AUTHORITY BEFORE END OF MAY
    * COMPANY HAS CARRIED OUT AN ANALYSIS OF ITS CASH FLOW FORECAST, WHICH
ENABLES IT
TO FINANCE ITS NEEDS WITHOUT ADDITIONAL REVENUES UNTIL AUGUST 2021


Further company coverage:  AMEBA.PA 

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