Brief: Tie Kinetix Q3 YTD EBITDA Turns To Loss Of 0.47 Million Euros

ER Capital Nv

03/08/2022 07:15

Aug 3 (Reuters) - TIE Kinetix NV  TIEH.AS :
    * TIE KINETIX REPORTS Q3 2022 TRADING UPDATE
    * SAAS REVENUES HAVE GROWN BY 15% IN THE FIRST NINE MONTHS
TO €
8,187K (YTD Q3 2021: € 7,124K)
    * EBITDA OF NEGATIVE € 475K (YTD Q3 2022), DOWN FROM €
2,140K (YTD
Q3 2021)
    * ORDER INTAKE AT € 7,600K (YTD Q3 2022), COMPARED TO €
8,252K IN
YTD Q3 2021
    * Q3 TOTAL REVENUES EUR 10,790K DOWN 4% YOY
    * WE CONTINUE TO EXPLORE NON-ORGANIC GROWTH OPTIONS IN
GERMAN (AND
LATER ON) IN FRENCH MARKETS - CEO

Source text for Eikon:  urn:newsml:reuters.com:*:nNDLbbZltN
Further company coverage:  TIEH.AS 

 (Gdansk Newsroom)
 ((Gdansk.newsroom@thomsonreuters.com; +48 58 772 09 20;))