(Boursier.com) — Despite slightly declining operating income (-2.9%), ADOMOS limited the drop in its EBITDA to -22.2%. ADOMOS saw its net loss increase by 55.8% compared to 2021, among other things due to the amortization of technological investments over the past two years: these should produce their first positive results in 2023.
Overall, operating income stands at 6,352 K, down 2.9% compared to 2021.
ADOMOS has endeavored to adapt its operating costs to the reduction in its turnover while making the necessary investments in human capital to prepare for the future.
Purchases and external charges are thus down by 324 KE to 3,687 KE and net allocations to depreciation and provisions increase from 992 KE to 4,070 KE. This increase is mainly due to the full-year amortization of the major investments of the two previous years. Staff costs including the hiring of new staff increased slightly by 336 KE to reach 1,677 KE.
Given the operational interweaving of all of ADOMOS’ business segments, it is not possible to provide profitability indicators by business segment.
After allocation of a financial result of (90) KE and an exceptional net result of (4) KE, the group’s consolidated net result shows a loss of 3,270 KE.
A financial structure that takes into account growth in equity
Equity amounted to 16,541 KE as of December 31, 2022, up 648 KE and includes in particular the benefit of capital increases carried out during the year.
The financial debt of 3,636 KE takes into account bonds convertible into shares for 1,755 KE and medium-term bank loans for an amount of 1,836 KE as of December 31, 2022. Gross cash as of December 31, 2022 amounts to 664 KE, down 908 KE compared to the end of 2021. Consequently, the net debt amounts to 2,972 KE as of December 31, 2022 against 3,097 KE as of December 31, 2021.
Financial calendar: April 30, 2023 at the latest with the posting of the audited consolidated accounts.
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