Brief: TIE Kinetix FY EBITDA Down At 1.9 Million Euros

ER Capital Nv

17/11/2021 07:09

Nov 17 (Reuters) - TIE Kinetix NV  TIEH.AS :
    * TIE KINETIX REPORTS FULL YEAR 2021 PERFORMANCE
    * FY TOTAL IFRS REVENUES DECREASED FROM € 15,551K (2020) TO
€
14,856K (DECREASE OF 4%) DUE TO THE DIVESTMENT OF TCMA
    * FY NET INCOME FROM CONTINUING OPERATIONS INCREASED FROM €
(71K)
(2020) TO € 632K (INCREASE OF 994%)
    * END-FY POSITIVE OPERATING CASH FLOWS FROM CONTINUING
OPERATIONS
OF € 2,114K (2020: € 2,700K)
    * FY BASIC EARNINGS PER SHARE INCREASED FROM € (0.04) (2020)
TO €
0.38
    * FY EBITDA EUR 1.9 MILLION VERSUS EUR 2.3 MILLION YEAR AGO
    * GROUP’S CASH POSITION AS AT 30 SEPTEMBER 2021 IS € 9.9
MILLION
COMPARED TO € 5.9 MILLION AS AT 30 SEPTEMBER 2020
    * IN 2021 TOTAL ORDER INTAKE AMOUNTED TO € 11.4 MILLION
(2020: €
10.2 MILLION)
    * COMPANY'S EQUITY POSITION INCREASED SIGNIFICANTLY - FROM €
9.9
MILLION AS AT 30 SEPTEMBER 2020 TO € 11.2 MILLION AS AT 30
SEPTEMBER 2021

Source text for Eikon:  ID:nNDL4tZz0p 
Further company coverage:  TIEH.AS 

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