Brief: MONDO TV SpA FY Increase In Revenues Equal To 3.8 Million Euros In Absolute Value

Mondo Tv SpA Icc

24/03/2023 19:34

March 24 (Reuters) - Mondo TV SpA  MTV.MI :
    * FY INCREASE IN REVENUES EQUAL TO 3.8 MILLION EUROS IN
ABSOLUTE
VALUE AND APPROXIMATELY 12% IN PERCENTAGE TERMS
    * SEES FY 23 EBITDA AT AROUND EURO 7 MILLION
    * SEES FY23 NET PROFIT AT AROUND EUR 1 MILLION
    * A SIGNIFICANT IMPAIRMENT CAME OUT AT 73.4 MILLION EUROS ON
LIBRARY OF PARENT COMPANY ATTRIBUTABLE TO 2022
    * EBITDA IS POSITIVE FOR APPROXIMATELY EURO 25.4 MILLION IN
2022
WITH A POSITIVE VARIATION OF 4% VERSUS EURO 24.4 MILLION
    * NET LOSS OF APPROXIMATELY EURO 69.3 MILLION IN 2022
    * FY OPERATING RESULT  WAS NEGATIVE FOR 69.8 MILLION EUROS,
COMPARED TO OPERATING PROFIT OF 7 MILLION EUROS IN 2021

Source text for Eikon:  ID:nBIA4fsFMb 
Further company coverage:  MTV.MI 

 ((Reuters.Briefs@thomsonreuters.com;))