Brief: Audiovalley FY Operating Loss Narrows To 3.4 Million Euros

Winamp SA

06/04/2021 07:42

April 6 (Reuters) - Audiovalley Sa  ALAVY.PA :
    * FY NET LOSS GROUP SHARE EUR 4.8 MILLION VERSUS PROFIT EUR
4.8
MILLION YEAR AGO
    * FY OPERATING LOSS EUR 3.4 MILLION VERSUS LOSS OF EUR 4.8
MILLION
YEAR AGO
    * REVENUE FOR Q1 WAS UP 13.2% COMPARED WITH Q1 2020 (+17.1%
AT
CONSTANT EXCHANGE RATES), TO EUR 5.1 MILLION
    * LAUNCH OF NEW RIGHTS MANAGEMENT BUSINESS JAMENDO RIGHTS
MANAGEMENT EXPECTED TO GENERATE REVENUE BY END OF 2021
    * TO HELP JAMENDO IN ITS DEVELOPMENT, AND SUPPORT RIGHTS
DIVISION,
GROUP IS NOT RULING AN IPO IN NEAR FUTURE
    * VIVENDI DEBT FULLY REPAID
    * AS AT 31 DECEMBER 2020, EQUITY TOTALED EUR 14.8 MILLION
COMPARED
WITH EUR 14.4 MILLION IN 2019

Source text for Eikon:  ID:nBwgbhR5a 
Further company coverage:  ALAVY.PA 

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