on CERINNOV GROUP (EPA:ALPCV)
Cerinnov Group postpones publication of 2024 results
The Cerinnov Group has announced the postponement of the publication of its 2024 annual results. Initially scheduled for April 24, 2025, this publication has been postponed to allow time to finalize discussions with banking partners. These negotiations aim to restructure debt to strengthen the financial structure in the short term.
Consolidated revenue for 2024 amounts to €12.4 million. Gross margin remains solid at around 55%. EBITDA, however, decreases to €0.2 million, down from €2.1 million in 2023, due to an accounting change in the Research Tax Credit.
At the end of 2024, cash is 213,000 euros, while debt decreases to 6.3 million euros compared to 7.2 million in 2023.
R. E.
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