Invibes Advertising NV
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Half-year results 2023: return to a positive EBITDA in H1.
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- Resilient sales in H1 2023, down 6% YoY.
- Return to positive EBITDA in H1 2023.
- Solid balance sheet with €10.5m net cash position.
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Invibes Advertising NV / Key word(s): Half Year Results/Half Year Results |
Press release
Half-year results 2023:
return to a positive EBITDA in H1
London, 20th September 2023 - Invibes Advertising (Invibes), an advanced technology company specialising in digital advertising, has published its results for the first half of 2023, marking a return to positive EBITDA.
The half-yearly financial report is available on the Company's website: https://www.invibes.com/uk/en/investors.html
Half-year results 2023:
return to a positive EBITDA in H1
London, 20th September 2023 - Invibes Advertising (Invibes), an advanced technology company specialising in digital advertising, has published its results for the first half of 2023, marking a return to positive EBITDA.
The half-yearly financial report is available on the Company's website: https://www.invibes.com/uk/en/investors.html
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Consolidated data, Unaudited, in k€ |
H1 2023 | H1 2022 | Δ |
| Turnover | 12 441 | 13 265 | -6% |
| Purchases and external expenses | (7 136) | (7 274) | -2% |
| Staff costs | (5 113) | (6 958) | -27% |
| EBITDA | 192 | (967) | +1 159 |
| Depreciation, amortisation and provisions | (599) | (630) | -5% |
| Operating income (loss) | (407) | (1 597) | +1 190 |
| Financial result | (36) | (141) | +74% |
| Tax | (3) | (1) | - |
| Net result (loss) | (446) | (1 739) | +1 293 |
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