Brief: Poxel H1 Operating Loss Widens To EUR 12.2 Mln

Poxel SA

21/09/2022 06:41

Sept 21 (Reuters) - POXEL SA  POXEL.PA :
    * POXEL REPORTS FINANCIAL RESULTS FOR FIRST HALF 2022 AND
PROVIDES
A CORPORATE UPDATE
    * AS OF JUNE 30, 2022, CASH AND CASH EQUIVALENTS WERE EUR
16.1
MILLION
    * RESEARCH AND DEVELOPMENT EXPENSES TOTALED EUR 7.9 MILLION
FOR
FIRST HALF OF 2022
    * NET RESULT FOR FINANCIAL PERIOD ENDING JUNE 30, 2022, WAS
A NET
LOSS OF EUR 13.4 MILLION
    * H1 REVENUE EUR 83,000 VERSUS EUR 13.3 MILLION YEAR AGO
    * NET FINANCIAL DEBT (EXCLUDING IFRS16 IMPACTS AND
DERIVATIVE
DEBTS) WAS EUR 17.3 MILLION AS OF JUNE 30, 2022, AS COMPARED TO
EUR 2.6 MILLION AS OF DECEMBER 31, 2021
    * H1 OPERATING LOSS EUR 12.2 MILLION VERSUS LOSS OF EUR 6.8
MILLION (ADJUSTED) YEAR AGO

Source text for Eikon:  ID:nBw2xLqj1a 
Further company coverage:  POXEL.PA 

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