(Alliance News) - Ambromobiliare Spa on Wednesday reported a loss of EUR405,000 as of Dec. 31, 2022 from a profit of EUR339,000 in the same period last year.

Revenues stood at EUR1.5 million, down 62 percent from EUR3.8 million in 2021.

Ebitda is negativp by EUR450,000 from EUR563,000 as of December 31, 2021.

Net financial position is EIR329,000 as of December 31, 2022 from EUR1.3 million as of December 31, 2021.

Ambromobiliare closed Wednesday down 1.5 percent to EUR1.38 per share.

By Claudia Cavaliere, Alliance News reporter

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