Brief: Wallix Group FY Turnover Rises At EUR 25.2 Mln

Wallix SA

23/03/2023 18:00

March 23 (Reuters) - Wallix Group SA  ALLIX.PA :
    * FINANCIAL AMBITIONS FOR 2023: FASTER ORGANIC GROWTH AND
GRADUAL
IMPROVEMENT IN RESULTS TO REACH BREAKEVEN AT OPERATING LEVEL IN
2024
    * GROSS CASH FLOW OF EUR 13.6 MILLION AS OF DECEMBER 31,
2022, IN
LINE WITH THE PLAN'S ORGANIC FINANCING REQUIREMENTS
    * GROSS CASH AND CASH EQUIVALENTS OF EUR 13.6 MILLION IN
2022, IN
LINE WITH PLAN'S ORGANIC FINANCING REQUIREMENTS
    * FY ADJUSTED NET LOSS EUR 6.83 MILLION VERSUS LOSS EUR 2.95
MILLION YEAR AGO
    * OUTLOOK 2023: WALLIX AIMS FOR 10% ORDER INTAKE FROM
CYBERSECURITY MARKET, TO GROW BY OVER 30% PER YEAR TO EUR 320
MILLION IN 2025
    * FY TURNOVER EUR 25.18 MILLION VERSUS EUR 23.17 MILLION
YEAR AGO
    * FY TOTAL OPERATING INCOME EUR 31 MILLION VERSUS EUR 29.9
MILLION
YEAR AGO

Source text for Eikon:  ID:nACT79043 
Further company coverage:  ALLIX.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;;))