Brief: Biophytis H1 Operating Loss Widens To 11.9 Million Euros

Biophytis SA

01/11/2022 06:09

Nov 1(Reuters) - BIOPHYTIS  ALBPS.PA : 
    * ANNOUNCED ON MONDAY CASH POSITION AT EUR 19.7 MILLION AT
JUNE
30, 2022 COMPARED TO EUR 23.9 MILLIONS AS OF DECEMBER 31, 2021  
    * H1 OPERATING LOSS OF EUR 11.9 MILLION COMPARED TO LOSS OF
EUR
10.5 MILLION YEAR AGO
    * CASH USED BY OPERATING ACTIVITIES DOWN 23% WITH EUR 10.3
MILLION
USED IN H1 2022 COMPARED TO EUR 13.4 MILLION IN H1 2021
    * FINANCIAL STATEMENTS FOR YEAR ENDED DEC 31, 2021 WILL BE
RESTATED TO CORRECT ACCOUNTING TREATMENT OF KRÉOS FINANCING
CONTRACT SIGNED IN NOVEMBER 2021
    * RESTATEMENT EXPECTED TO HAVE MINOR IMPACT ON INCOME
STATEMENT
AND CASH FLOW STATEMENT FOR 2021, AND ON KEY FINANCIAL DATA AT
JUNE 30, 2022

        
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