EQS-News

Your Family Entertainment AG: Record Results in Fiscal Year 2022 - Seite 2

Additionally, YFE was able to fundamentally improve its balance sheet in fiscal year 2022. YFE undertook several capital measures that allowed the company to entirely repay its bank debt and improve its cash position to around € 3.2m. The company overall managed to improve its equity ratio from 46 % to 85 %.

The full Annual Report 2022 is available on the Company's website at https://www.yfe.tv/en/financial-reports.

 

 

About Your Family Entertainment AG: The German company Your Family Entertainment AG (WKN: A161N1, ISIN: DE000A161N14, abbreviation: RTV), based in Munich (YFE for short), is one of the leading producers and distributors of high-quality children's and family programs. YFE owns and operates one of the largest channel-independent libraries in Europe with well-known titles such as "Enid Blyton," "Fix & Foxi" and "Altair." All content is educational, entertaining and free of violence. In addition, YFE operates the award-winning pay-TV channel "Fix&Foxi TV" on four continents, the free-TV channel "RiC TV", as well as several mobile and digital channels worldwide. Your Family Entertainment AG welcomed the US company Genius Brands International (NASDAQ: GNUS) from Hollywood as its new major shareholder in December 2021. Genius Brands International and Your Family Entertainment AG have agreed on a far-reaching strategic cooperation to make "Content with a Purpose" available to a worldwide audience.

 

 

Contact Your Family Entertainment AG
Michael Huber (CFO / Authorized Officer)
Tuerkenstr. 87
80799 Munich, Germany
Tel.: [phone]
E-Mail: [e-mail]

www.yfe.tv
www.rictv.de
www.fixundfoxi.tv

 

---

28.04.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---

Language:	English
Company:	Your Family Entertainment AG
	Türkenstraße 87
	80799 München
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.yfe.tv
ISIN:	DE000A161N14
WKN:	A161N1
Listed:	Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart
EQS News ID:	1620543