Brief: Enertime H1 Net Loss Widens To 1.1 Million Euros

Enertime SAS

30/09/2021 06:57

Sept 30 (Reuters) - Enertime SAS  ALENE.PA :
    * RESULTS STILL TEMPORARILY IMPACTED BY THE EFFECTS OF THE
COVID-19 PANDEMIC
    * IN H1, ENERTIME RECORDED A TURNOVER OF €1.4M, DOWN BY
€0.2M
COMPARED TO THE SAME PERIOD A YEAR EARLIER
    * H1 OPERATING LOSS EUR 1.0 MILLION VERSUS LOSS EUR 0.5
MILLION
YEAR AGO
    * IN INDIA, OUR LOCAL PRESENCE VIA A SENIOR CONSULTANT COULD
BEAR
FRUIT IN 2022/2023
    * REMAINS CONFIDENT IN ITS ABILITY TO RECORD AN INCREASE IN
ITS
TURNOVER OVER THE NEXT FEW YEARS, WHICH SHOULD MAKE IT POSSIBLE
TO ACHIEVE BREAK-EVEN OPERATIONAL PERFORMANCE IN 2023
    * H1 NET LOSS EUR 1.1 MILLION VERSUS EUR 0.4 MILLION YEAR
AGO
    * MORE THAN €0.8 MILLION IN CASH AT 30 JUNE 2021 AND
FINANCIAL
DEBT OF €1.3 MILLION
    * HAS THE FINANCIAL MEANS TO ENSURE THE CONTINUITY OF
OPERATIONS
OVER THE NEXT TWELVE MONTHS.

Source text: [https://bit.ly/3upAHuZ]
Further company coverage:  ALENE.PA 

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