(Alliance News) - IDNTT SA reported Thursday that it closed 2023 with a profit of EUR1.7 million, up 20 percent from EUR1.4 million in 2022.

The board of directors proposed a dividend of EUR0.015 in line with the previous year's dividend.

Revenues amounted to EUR19.3 million from EUR9.9 million in the previous year.

Ebitda is EUR3.5 million from EUR2.7 million a year earlier.

Ebit is EUR2.9 million from EUR2.3 million recorded as of December 31, 2022.

Net financial debt is cash positive improving to EUR2.1 million from EUR1.9 million a year earlier.

IDNTT's stock closed at a par at EUR3.22 per share.

By Chiara Bruschi, Alliance News reporter

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