Brief: Theravet End-Dec Cash Position Of EUR 3.19 Mln

Theravet SA

25/04/2023 06:37

April 25 (Reuters) - Theravet SA  ALVET.PA :
    * THERAVET REPORTS FULL-YEAR 2022 FINANCIAL RESULTS AND
PROVIDES
THE PREPARATORY DOCUMENTS FOR THE GENERAL ASSEMBLY OF JUNE 1ST,
2023
    * CASH POSITION OF EUR 3.19 MILLION AT DECEMBER 31, 2022,
GIVING
FINANCIAL VISIBILITY UP TO BEGINNING OF 4(TH) 2024 QUARTER
    * 2022 SALES PERFORMANCE WITHIN TARGETS IN EUROPEAN MARKET
    * STAFF EXPENSES INCREASED TO EUR 0.36 MILLION AS COMPARED
TO 2021
AS RESULT OF STRENGHTENING OF COMPANY ORGANIZATION
    * FY OPERATING LOSS OF EUR 2.8 MILLION AND A NET LOSS OF EUR
2.3
MILLION
    * FY EBITDA LOSS EUR 1.7 MILLION VERSUS LOSS EUR 1.2 MILLION
YEAR
AGO

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