ADVANCED BLOCKCHAIN AG EQS-News: Advanced Blockchain with preliminary figures for 2022
Transparency directive : regulatory news
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EQS-News: Advanced Blockchain AG
/ Key word(s): Preliminary Results
Advanced Blockchain with preliminary figures for 2022
3 May 2023 – Advanced Blockchain AG (“AB”, Scale Frankfurt, primary market Düsseldorf, XETRA: ISIN DE000A0M93V6), a leading incubator, architect and investor for the blockchain industry announces, despite of massively challenging market environments, only a slight decrease in Net Sales, according to preliminary and unaudited figures. According to these figures, Net Sales came out at 17.69m € (FY 2022: 17.98m €), EBITDA stood at more than 580k € (FY 2022: 6.3m €) and EBIT at more than 560k € (FY 2022: 6.2m €). This significant reduction in EBITDA and EBIT comes down to massive turmoils in crypto markets. Net Cash stood at roughly 4.3m € at the end of December 2022. Simon Telian, CEO of AB comments: “Our investments and our group strategy showed impressive crisis resilience in 2022 on top level. Given the various challenges, we are satisfied with our results and current fiscal year also kicked off very promising. So we continue our successful path also in 2023, with a clear focus on margins and an increase in efficiency.” The audited, consolidated full-year report for 2022 will be published soon.
Contact: About Advanced Blockchain AG: For more information about Advanced Blockchain AG, its various projects, and investments, please visit https://www.advancedblockchain.com/.
03.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. |
| Language: | English |
| Company: | Advanced Blockchain AG |
| Scharnhorststraße 24 | |
| 10115 Berlin | |
| Germany | |
| Phone: | +4930403669510 |
| Fax: | 030403669511 |
| E-mail: | info@advancedblockchain.com |
| Internet: | www.advancedblockchain.com |
| ISIN: | DE000A0M93V6 |
| WKN: | A0M93V |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf (Primärmarkt), Frankfurt (Scale), Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1622965 |
| End of News | EQS News Service |
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1622965 03.05.2023 CET/CEST