on SEIF SPA (EPA:ALSEI)
SEIF S.p.A Reports Improved Financial Results for 2024
Società Editoriale Il Fatto S.p.A. (SEIF) announced the approval of its financial statements for the year ending December 31, 2024. Revenues increased to €30.5 million, marking a 4.3% growth compared to the previous year. This was driven by a rise in digital product subscriptions and media content sales.
EBITDA improved significantly, reaching €3.7 million with a margin of 10.33%, up from 6.55% in 2023. The net loss also narrowed to €1.7 million from €2.4 million. Despite these positive trends, the company's net financial debt increased slightly to €3.4 million, primarily due to higher financial obligations.
Key strategic initiatives for SEIF include digital innovation and enhanced TV content production. Recently, SEIF invested in Kikero Inc., aiming to boost revenues through technological advancements. With stable operations reported for early 2025, SEIF anticipates continued financial improvements in the coming year.
R. E.
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