(Alliance News) - Digital Bros Spa reported Thursday that in the first nine months it reported consolidated net revenues of EUR89.2 million, up 7.5 percent from EUR82.9 million as of March 31, 2022.
Ebitda stood at EUR30.5 million from EUR31.5 million in the same period last year.
Ebit is worth EUR18 million from EUR19.1 million as of March 31, 2022.
Net income is EUR15.7 million, unchanged from 2022.
Net financial position is negative EUR21 million from EUR15.2 million net of IFRS 16 and in line with expectations.
In addition, revenues are expected to grow for both the full year and the next two years on the back of more than EUR80 million in investments for the year.
Digital Bros on Thursday closed in the green 0.3 percent to EUR20.86 per share.
By Claudia Cavaliere, Alliance News reporter
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