MolMed S.p.A. Reports Earnings Results for the Full Year Ended of December 31, 2016
MolMed S.p.A. reported earnings results for the full year ended of December 31, 2016. For the period, the company reported revenue of EUR 19,484,000 compared to EUR 13,576,000 a year ago. Total operating revenues were EUR 22,825,000 compared to EUR 16,764,000 a year ago. Operating result was negative at EUR 13,586,000 compared to EUR 20,538,000 a year ago. Pre-tax result was negative at EUR 13,876,000 compared to EUR 20,784,000 a year ago. Loss for the year was REUR 13,876,000 compared to EUR 20,784,000 a year ago. Total cash flow absorbed by operating activities was EUR 12,357,000 compared to EUR 15,846,000 a year ago. Net investment in tangible assets was EUR 1,710,000 compared to EUR 6,047,000 a year ago. Net investment in intangible assets was EUR 245,000 compared to EUR 105,000 a year ago.