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TaTaTu S.P.A. Announces Preliminary 2023 Financial Results

TaTaTu S.P.A. Announces Preliminary 2023 Financial Results

Tatatu S.P.A. (FR:ALTTU) has released an update.

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TaTaTu S.P.A., owner of the entertainment platform TaTaTu, has released preliminary financial results for 2023, announcing a decrease in consolidated revenues by 34% and a delay in finalizing its financial statements pending a new business plan. Despite the revenue drop, statutory revenues rose by 12%, and there was an improvement in EBITDA margins. The company’s net financial position shows a slight increase in net debt compared to the previous year.

For further insights into FR:ALTTU stock, check out TipRanks’ Stock Analysis page.

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