Affluent Medical: cash flow of 6.54 million euros, visibility until February 2024


(AOF) – Affluent Medical announces cash flow of 6.54 million euros as of June 30, 2023, compared to 3.38 million a year ago, which allows it to extend its horizon “until February 2024” after fundraising in March. The medtech company specializing in the international development and industrialization of medical prostheses recorded a net loss of 7.98 million euros in the first half compared to 8.19 million a year ago. Affluent Medical is examining the best financing options to support the next stages of its development.

The company plans to carry out a capital increase in the coming months aimed at financing ongoing clinical programs, and which could benefit from the support of its key shareholders.

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