(Alliance News) - Casasold Spa on Friday reported production value of EUR978,000 in the first half of the year, down 23 percent from EUR1.2 million in the same period last year.

As of June 30, revenues amounted to EUR1.0 million down 15 percent from EUR1.2 million in the first half of 2022.

Ebitda stood at EUR34,000 from EUR123,000 as of June 30, 2022 and down 73%.

Loss amounts to EUR203,000 from EUR72,000 in the first half of 2022.

Net financial position is a debit of EUR1.0 million from a net cash of EUR577,000 as of December 31, 2022 due to the acquisition of Tweppy and the

subsequent deferred payment agreement with shareholders until 2027.

Casasold on Friday closed 3.3 percent in the red at EUR0.89 per share.

By Claudia Cavaliere, Alliance News reporter

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