(Alliance News) - The board of directors of Unidata Spa on Monday reviewed the preliminary figures for the fourth quarter of 2022 and the preliminary figures for fiscal year 2022, which confirm the forecast figures for fiscal year 2022 as specified by the company in a note.

Unidata closed the fourth quarter of 2022 with revenues of EUR27.5 million, up 35 percent from EUR20.4 million in the same period of 2021, in line with the expectations set out in the business plan.

Net financial debt as of December 30, 2022 was EUR8.9 million, compared to EUR5.8 million as of September 30, 2022.

This increase is mainly due to the payment of the down payment on the price for the acquisition of TWT amounting to EUR2.8 million.

In addition, the board of directors reviewed the full-year pre-consolidated economic and financial figures, which confirm the forecast figures already reviewed by the board of directors last November 25.

Revenues stood at EUR51.8 million with significant growth of 40 percent over FY2021 and Ebita of EUR15.1 million up 7 percent over FY2021, with an Ebitda Margin of 29 percent.

Unidata on Monday closed in the green by 0.2 percent at EUR48.50 per share.

By Chiara Bruschi, Alliance News reporter

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