(Alliance News) - Jonix Spa reported Friday that it closed the first nine months with revenues of EUR960,000, down from EUR2.0 million in the same period last year.

Revenues from abroad amounted to EUR300,000 from EUR530,000, and revenues from Italy dropped to EUR660,000 from EUR1.5 million.

With reference to business lines, Air Tech Solutions recorded revenues of EUR590,000 from EUR1.4 million as of September 30, 2022 while Advanced Tech Solutions recorded revenues of EUR130,000 from EUR190,000 as of September 30, 2022.

Antonio Cecchi, chief executive officer of Jonix, said, "Revenues as of September 30 highlight the effects of the strategic development guidelines announced a year ago, which oriented our positioning on the B2B target with new commercial networks and dedicated products: the Business area stands at 60 percent compared to the Consumer area, which accounts for 34 percent."

"The guidelines also included the integration of the business model with the Jonix Academy, which made it possible to approach the corporate and public world through the provision of training and consulting services-which generated revenues of EUR57,000-aimed at generating awareness and expertise on the issues of indoor air quality and related side effects, conveying the supply of Jonix devices."

Jonix's stock is unchanged at EUR0.60 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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