The Board approves the half-year financial report as of June 2022

Highlights:

• Revenues from sales amounted to 263 thousand Euro, in line with respect to the figure of 30 June 2021 which was equal to 268 thousand Euro
• EBITDA was equal to -304 thousand Euro, a decrease compared to the figure of 30 June 2021 equal to -25 thousand Euro; this was mainly due to the lower amount of grants obtained in 2022 compared to the first half of 2021
• EBIT was equal to – 549 thousand Euro, an improvement compared to the figure as of 30 June 2021 equal to – 693 thousand Euro; this was due to the lower amortization/depreciation which accrued in the current half-year
• NEGATIVE Net INCOME of -566 thousand Euro (which for precautionary purposes does not include prepaid taxes)
• Net financial debt (NFP) was positive (Cash) and equal to 638 thousand Euro, a decrease compared to the same figure as of 31 December 2021 which was equal to 1,320 thousand Euro