Yakkyo S.p.A.

Equities

YKY

IT0005573966

Financial Technology (Fintech)

Market Closed - Borsa Italiana Other stock markets 11:44:59 2024-07-12 am EDT			5-day change	1st Jan Change
1 ^EUR	0.00%		0.00%	-27.01%

Jul. 03	Yakkyo launches Video Vibe for AI-powered video ad creation	AN
Mar. 27	Yakkyo closes 2023 with profit up; revenues also up	AN

Yakkyo closes 2023 with profit up; revenues also up

March 27, 2024 at 02:09 pm EDT

(Alliance News) - Yakkyo Spa reported Wednesday that it closed 2023 with a profit of EUR400,000 from EUR70,000 in 2022.

Sales revenues stood at EUR6.3 million, up 5.8 percent from EUR6.0 million in the previous year.

Ebitda is EUR1.1 million, up 32% from EUR900,000 in 2022.

Ebit increases to EUR633,000 from EUR151,000 in 2022 .

Net financial debt is cash positive EUR300,000 compared to a cash positive NFI of EUR800,000 as of December 31, 2022. This change stems from taking out a new, medium- to long-term loan, functional to support Yakkyo's R&D investment and dimensional growth.

Yakkyo's stock closed Wednesday at par at EUR0.70 per share.

By Chiara Bruschi, Alliance News reporter

Comments and questions to redazione@alliancenews.com

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Latest news about Yakkyo S.p.A.

Yakkyo launches Video Vibe for AI-powered video ad creation	Jul. 03	AN
Yakkyo closes 2023 with profit up; revenues also up	Mar. 27	AN
Yakkyo announces entry of Domingo Sarmiento Lupo as CTO	Jan. 08	AN
Yakkyo S.p.A. has completed an IPO in the amount of ?7.522876 million.	Dec. 29	CI
Yakkyo S.p.A. has filed an IPO.	Dec. 01	CI

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Company Profile

Yakkyo SpA is an Italy-based company engaged in the e-commerce industry. The Company focuses primarily on developing and managing e-commerce platform Yakkyofy which allows online merchants to automate order processing, as well as product picking, shipping and delivery. It provides artificial intelligence tools for extracting data, market analysis and development of sales strategies. The Company provides its services for retailers and wholesalers, focusing primarily on wholesale sector. Its services include also listing, fulfilling and delivering products to various countries, as well as sourcing, logistics, product sample evaluation, custom packaging and warehousing, among the others. The Company operates globally.

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Financial Technology (Fintech)

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