Brief: Memscap FY Operating Profit EUR 2.477 Mln

Memscap SA

27/03/2024 17:49

March 27 (Reuters) - Memscap SA  MEMS.PA :
    * FY OPERATING PROFIT OF EUR 2,477 THOUSAND FOR FY 2023
(17.6% OF
REVENUE)
    * FY NET PROFIT OF EUR 2,140 THOUSAND FOR FY 2023 (15.2% OF
REVENUE)
    * INCREASED AVAILABLE CASH FROM EUR 5,456 THOUSAND TO EUR
6,237
THOUSAND AS OF DECEMBER 31, 2023
    * NET AVAILABLE CASH (EXCLUDING LEASE LIABILITIES) OF EUR
6,109
THOUSAND AS OF DECEMBER 31, 2023
    * AUDITED REVENUE OF EUR 14,073 THOUSAND FOR FY 2023
COMPARED TO
EUR 9,336 THOUSAND FOR FY 2022
    * REVENUE FROM CONTINUING OPERATIONS FOR FY 2023 INCREASED
BY
+50.7% IN EUROS
    * AVERAGE FULL-TIME EQUIVALENT WORKFORCE OF GROUP RELATED TO
CONTINUING OPERATIONS INCREASED FROM 41.3 EMPLOYEES IN FY 2022
TO 54.5 EMPLOYEES IN FY 2023
    * OUTLOOK: FINANCIAL YEAR 2023 INITIATES MEMSCAP'S
TRAJECTORY
TOWARDS ITS AMBITION EXPRESSED IN 4G PLAN 2026

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