(Alliance News) - Mondo TV Spa on Tuesday reported that it closed the quarter with a net profit of EUR400,00 from a loss of EUR200,000 as of March 31, 2023.

Revenues stood at EUR2.5 million from EUR2.6 million in Q1 2023.

Ebitda as of March 31 stood at EUR1.9 million from EUR1.1 million in 2023, while Ebit was EUR500,000 from a negative EUR100,000.

Net financial position was EUR7.0 million in net debt compared to EUR7.6 million in net debt as of Dec. 31, 2023.

Mondo TV trades in the green by 1.7 percent at EUR0.21 per share.

By Claudia Cavaliere, Alliance News reporter

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