(Alliance News) - The board of directors of Softlab Spa approved the draft consolidated financial statements as of Dec. 31, 2023, closing with a loss of EUR400,000 compared to a profit of EUR3.2 million in FY 2022.

Revenues earned in FY2023 were EUR24 million, a slight increase from EUR23.7 million in FY2022.

Ebitda is EUR4.6 million, up from EUR4.1 million in the previous year.

Ebit is positive EUR4.2 million, up from positive Ebit of EUR3.9 million in FY2022.

Net invested capital is offset by consolidated shareholders' equity of EUR9.4 million and net financial debt of EUR300,000.

Softlab closed Tuesday's session in the green by 4.0 percent at EUR1.29 per share.

By Maurizio Carta, Alliance News reporter

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