Share

LVenture reduces loss in 2013, another capital increase in sight

The company ended last year with a net loss of 1,12 million euros, against the loss of 1,53 million in 2012. At the end of 2013, the net financial position was positive for 1,41 million euros, thanks to the capital increase which ended on 4 March.

LVenture reduces loss in 2013, another capital increase in sight

LVenture Group closes 2013 with revenues of 174 thousand euros and a negative gross operating margin of 1,14 million. The former “Le Buone Società ended last year with a net loss of 1,12 million euros, against the loss of 1,53 million in 2012. At the end of 2013 the net financial position was positive for 1,41 million euro, thanks to the capital increase which ended on 4 March. 

The Board of Directors will propose to the shareholders' meeting the approval of the share capital increase under option for a maximum amount of 4.990.000 euros, in addition to granting the BoD the power to carry out further capital increases, up to a maximum of 4.990.000 euros, to be executed within five years of the resolution, with the exclusion of the option right. 

comments