Brief: Hopium Fy Operating Loss At EUR 8.6 Million

Hopium SA

14/04/2022 08:47

April 14 (Reuters) - Hopium SA  ALHPI.PA :
    * FY OPERATING LOSS FOR THE YEAR WAS -8.6 MILLION EUROS
    * END-FY EQUITY OF €9.4 MILLION AND CASH OF €4.9 MILLION,
COMPARED
WITH €0.9 MILLION AND €0.3 MILLION RESPECTIVELY IN THE PREVIOUS
YEAR
    * END-FY, COMPANY HAS NO FINANCIAL DEBT. CURRENT LIABILITIES
AMOUNT TO 5.3 M€
    * AS THE COMPANY HAS NOT YET BEGUN MARKETING ITS VEHICLES,
WHICH
ARE CURRENTLY UNDER DEVELOPMENT, IT HAS NOT GENERATED ANY
REVENUES IN FISCAL YEAR 2021
    * FY NET LOSS EUR 8.0  MILLION VERSUS LOSS EUR 0.8 MILLION
YEAR
AGO
    * 2022 OUTLOOK: LAUNCH OF THE PRE-INDUSTRIALIZATION PHASE
AND
STRENGTHENING OF THE FINANCIAL STRUCTURE STRUCTURE TO SUPPORT
THE DEVELOPMENT PLAN UP TO 2025

Source text for Eikon:  urn:newsml:reuters.com:*:nACT73982
Further company coverage:  ALHPI.PA 

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