(Alliance News) - ABC Company Spa reported that it closed 2023 with a net loss of EUR260,563.

The figure was influenced, inter alia, by the effect of implicit goodwill arising from the consolidation method used, which generated amortization of EUR500,000. This cost item, which is non-financial and purely accounting in nature, contributed to the consolidated operating result.

Total assets are EUR32.1 million from EUR23.7 million as of December 31, 2022 while shareholders' equity is EUR31.8 million.

Consolidated revenues for the year ended December 31, 2023 amounted to EUR268,665 and were derived from the advisory activities conducted by the company as part of the structuring and management of club deals for investments in the companies Se.ri.nex. Srl and Il Fornaio del Casale Spa as well as from advisory activities provided to clients in preparation for potential listing projects.

The net book asset value of A shares is EUR3.34 per share, essentially the same as in the previous year.

By Giuseppe Fabio Ciccomascolo, Alliance News senior reporter

Comments and questions to redazione@alliancenews.com

Copyright 2024 Alliance News IS Italian Service Ltd. All rights reserved.