Brief: CrowdFundMe FY Net Loss Shrinks To EUR 46,000, Cuts 2022 Targets

Entera S.p.A

22/03/2022 08:50

March 22 (Reuters) - CrowdFundMe SpA  CFM.MI :
    * REPORTED ON MONDAY FY TOTAL PRODUCTION VALUE EUR 1.4 MLN
VS EUR
967,483 YEAR AGO
    * FY NET LOSS EUR 46,004 VS EUR 747,783 YEAR AGO 
    * UNCERTAINTIES LINKED TO CONFLICT IN UKRAINE CAUSED A
SLOWDOWN IN
INVESTMENTS WHICH IT IS ESTIMATED WILL BE RECOVERED IN THE REST
OF THE YEAR
    * REVISES DOWN 2022 REVENUE BY 0.5-0.8 MLN EURO TO 1.9-2.2
MLN
EURO
    * REVISES DOWN 2022 EBITDA TO 0.4-0.5 MLN EURO
    * CUTS 2022 NET RESULT TO 0.2-0.3 MLN EURO

    
    
 
 Further company coverage:  CFM.MI  

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