Brief: Ateme FY EBITDA Down At 6.9 Million Euros

Ateme SA

25/03/2021 17:45

March 25 (Reuters) - ATEME SA  ATEME.PA :
    * NEW LONG-TERM EBITDA TARGET OF 30 MILLION EUROS IN 2026,
DRIVEN
BY THE TRANSITION TO A MONTHLY RECURRING REVENUE MODEL (MRR)
    * FY EBITDA REACHED EUR 6.9 MILLION COMPARED TO EUR 8.4
MILLION IN
2019
    * FY OPERATING PROFIT EUR 1.9 MILLION VERSUS EUR 4.7 MILLION
YEAR
AGO
    * FY NET LOSS GROUP SHARE EUR 0.3 MILLION VERSUS EUR PROFIT
OF 4.6
MILLION YEAR AGO
    * CASH AND CASH EQUIVALENTS AMOUNT TO EUR 17.0 MILLION
COMPARED TO
EUR 10.3 MILLION IN 2019
    * AS AT 31 DECEMBER 2020, NET FINANCIAL DEBT AMOUNTED TO EUR
3.8
MILLION

Source text for Eikon:  ID:nACT68386 
Further company coverage:  ATEME.PA 

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