Brief: Intrasense FY Net Loss Widens At Eur 1.2 Million

Intrasense SA

10/03/2022 17:24

March 10 (Reuters) - Intrasense SA  ALINS.PA :
    * INTRASENSE 2021 RESULTS: RECORD BUSINESS GROWTH
    * 2021 REVENUE €4.2 MILLION, UP 22% RELATIVE TO 2020
    * END-FY CASH POSITION INCREASED TO €4.8 MILLION
    * FY NET LOSS EUR 1.2 MILLION VERSUS LOSS EUR 0.7 MILLION
YEAR AGO
    * FURTHER STRATEGIC INVESTMENTS TO ACCELERATE GROWTH IN 2022
    * INTRASENSE OPERATES SOME OF ITS BUSINESS ACTIVITIES IN
EASTERN
EUROPE AND RUSSIA THROUGH SEVERAL LOCAL PARTNERS
    * FY GROSS PROFIT SHOWED A DIRECT CORRELATION WITH THE
GROUP’S
REVENUE GROWTH IN 2021 AND ROSE TO €3,672 THOUSAND
    * WHOLE INTRASENSE TEAM IS SENDING ITS SUPPORT TO ALL OF
GROUP’S
LOCAL PARTNERS, AND HOPES THAT THIS UNPRECEDENTED SITUATION CAN
BE RESOLVED QUICKLY
    * GROUP’S COMMERCIAL ACTIVITY IS LIKELY TO ACCELERATE
SHARPLY IN
2022 NOW THAT ITS SALES TEAMS HAVE BEEN STRENGTHENED IN BOTH
EUROPE AND CHINA
    * AT THIS STAGE, IMPACT OF UKRAINE CRISIS ON INTRASENSE’S
COMMERCIAL ACTIVITIES CANNOT BE MEASURED, BUT ITS TEAMS ARE
MONITORING IT DAILY
    * OUTLOOK: INTRASENSE’S TEAMS ARE WORKING CLOSELY WITH
LEADING
MULTI-DISCIPLINE CLINICAL PLAYERS IN ONCOLOGY SEGMENT ON
DEFINING AND VALIDATING NEW PLATFORM’S FUNCTIONALITIES
    * FUNDRAISING CARRIED OUT LAST JUNE ALLOWS US TO PURSUE
DEVELOPMENT PLAN WITH CONFIDENCE, WITH AMBITION OF ACCELERATING
OUR PERFORMANCE FROM 2022 - CEO

Further company coverage:  ALINS.PA 

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