Brief: PAION: FY Revenues At EUR 7.1 Mln

PAION AG

30/03/2022 06:40

March 30 (Reuters) - PAION AG  PA8G.DE :
    * REPORTS ON FISCAL YEAR 2021
    * FY REVENUES OF EUR 7.1 MILLION IN 2021 INCREASINGLY FROM
PRODUCT
SALES AND ROYALTIES INSTEAD OF FROM MILESTONE PAYMENTS
    * OUTLOOK 2022: SALES ARE EXPECTED TO BE BACK ON TRACK
    * FY FINANCIAL RESULT LOSS WIDENS TO EUR 0.5 MILLION
    * FY EBIT TURNS TO LOSS OF EUR 22.1 MILLION
    * FY NET LOSS AT EUR 21.8 MILLION
    * EQUITY AS OF 31 DECEMBER 2021 DOWN AT EUR 7 MILLION

Source text for Eikon:  ID:nEQ3TvZ80a 
Further company coverage:  PA8G.DE 

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