Brief: Amoeba H1 Net Loss Narrows To EUR 3.9 Million

Amoeba SA

24/09/2020 17:58

Sept 24 (Reuters) - Amoeba SA  ALMIB.PA :
    * H1 OPERATING LOSS EUR 3.0 MILLION VERSUS LOSS EUR 3.5
MILLION
YEAR AGO
    * H1 NET LOSS EUR 3.9 MILLION VERSUS LOSS EUR 4.3 MILLION
YEAR AGO
    * THE COMPANY DID NOT GENERATE ANY REVENUE DURING THE FIRST
HALF
OF 2020
    * THE COMPANY'S FINANCIAL DEBT AMOUNTED TO €8.3M
    * COMPANY'S CASH POSITION AT 30 JUNE 2020 WAS €4,4 MILLION,
COMPARED WITH €4,8 MILLION AT 31 DECEMBER 2019
    * COMPANY HAS SUFFICIENT NET WORKING CAPITAL TO MEET ITS
OBLIGATIONS AND CASH REQUIREMENTS OVER NEXT TWELVE MONTHS,
ESTIMATING THAT IT WILL BE ABLE TO MEET ITS COMMITMENTS UP TO
THE END OF OCTOBER 2021

Source text for Eikon:  ID:nNDL1spKsn 
Further company coverage:  ALMIB.PA 

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