(Alliance News) - The Fidia Group's board of directors approved a new budget for the year ended Dec. 31, 2023, closing with a consolidated net loss of EUR1.47 million, compared to a negative EUR4.9 million in fiscal 2022.

Net revenues were EUR28.6 million compared to EUR24.4 million in FY 2022.

Ebitda was negative EUR200,000 compared to negative EUR2.6 million in 2022.

Net financial debt as of December 31, 2023 was EUR9.6 million compared to EUR7.4 million as of December 31, 2022.

Fidia closed Wednesday's session in the green by 3.1 percent at EUR0.79 per share.

By Maurizio Carta, Alliance News reporter

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