(Alliance News) - Jonix Spa reported Monday that it ended 2023 with revenues of EUR1.4 million compared to EUR4.4 million in the previous year.

Revenues earned abroad amounted to EUR440,000 and 31 percent of the total compared to EUR2.5 million in 2022, which was 58 percent of the total. Italy shows revenues of EUR980,000 compared to EUR1.9 million in 2022.

With reference to business lines, Air Tech Solutions shows revenues of EUR740,000 from EUR3.5 million in 2022 while Advanced Tech Solutions shows revenues of EUR230,000 from EUR240,000 in 2022. In total revenues there is a EUR290,000 component of Spareparts related to installed from EUR670,000 in 2022.

Sector-wise, Residential records revenues of EUR350,000 from EUR1.3 million in 2022 while Commercial records revenues of EUR610,000 from EUR2.4 million in 2022.

In 2023, there are also revenues of EUR163,000 related to the new Consulting and Professional Training business line.

Antonio Cecchi, CEO of Jonix, said, "In 2023, we integrated the business model with the Jonix Academy, which generated EUR163,000 in revenues. It allows us to approach the corporate and public world by delivering training and consulting services that aim to generate awareness and expertise on indoor air quality issues and related side effects, conveying the supply of Jonix devices. In the future, this approach will be increasingly strategic to consolidate the B2B target, which generated 43 percent of revenues in the fiscal year."

Jonix's stock is up 1.7 percent at EUR0.42 per share.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

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