(Boursier.com) — The bond issue taking place on the Equisafe Invest platform until April 21 is a real success with investors, announces Metadvertise: The initial target of 3 million euros has been largely exceeded.
This non-dilutive bond loan, which may be increased to a maximum of 7,999,000 euros, will make it possible to support the strategic reorientation of the Group’s activities in the entertainment sector via its audiovisual production subsidiary Triple A/PM SA acquired in November 2022.
With its 100% integration, Metadvertise is initiating a real change of dimension since its subsidiary has just closed a record year 2022 with a turnover of 52.8 ME for an EBITDA of 22.8 ME (43% of turnover) and a net result of 5.5 ME. This integration will bear full fruit from the 2023 financial year and will contribute to improving the Group’s results.
“These interim results already allow us to confirm the success of this first participatory bond financing for Metadvertise. We are very pleased that investors are adhering to our strategy and supporting our development project. We thank them for their trust and hope that they will still be numerous to join us”, declared Paul Amsellem President of Metadvertise.
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