Brief: Medincell FY Net Loss Narrows To EUR 19 Mln

Medincell SA

16/06/2021 16:59

June 16 (Reuters) - MEDINCELL SA  MEDCL.PA :
    * MEDINCELL ANNOUNCES FISCAL YEAR CONSOLIDATED RESULTS -
APRIL
2020 - MARCH 2021
    * FY INCOME FROM ORDINARY ACTIVITIES: EUR 11.8 MILLION (+96%
COMPARED TO PREVIOUS YEAR)
    * FY OPERATING EXPENSES: EUR 27.1 MILLION (+8%)
    * FY CASH CONSUMPTION FROM OPERATIONS: €12.1 MILLION
    * FY AVAILABLE CASH: EUR 47.1 MILLION + EUR 3.9 MILLION OF
NON-RISKY FINANCIAL ASSETS
    * ESTIMATED FINANCIAL VISIBILITY UNTIL SUMMER 2023
    * FY NET LOSS EUR 19.0 MILLION VERSUS LOSS EUR 23.9 MILLION
YEAR
AGO
    * FY REVENUE EUR 8.2 MILLION VERSUS EUR 2.9 MILLION YEAR AGO

Source text for Eikon:  ID:nBw5SDhnTa 
Further company coverage:  MEDCL.PA 

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