trending Market Intelligence /marketintelligence/en/news-insights/trending/D466OgrXNYsCfa42xTGSwg2 content esgSubNav
In This List

Seven Principles Q1 loss narrows YOY

Video

According to Market Intelligence, December 2022

Podcast

Private Markets 360° | Episode 1: The role of ESG in Private Equity

Podcast

Next in Tech | Episode 93: World Cup excitement

Blog

Insight Weekly: Layoffs swell; energy efficiency PE deals defy downturn; 2023 global risk themes


Seven Principles Q1 loss narrows YOY

Seven Principles AG said its normalized net income for the first quarter was a loss of 15 euro cents per share, compared with a loss of €2.51 per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of €573,510, compared with a loss of €2.8 million in the prior-year period.

The normalized profit margin rose to negative 2.8% from negative 12.9% in the year-earlier period.

Total revenue declined on an annual basis to €20.5 million from €21.4 million, and total operating expenses fell 13.4% year over year to €22.8 million from €26.3 million.

Reported net income totaled a loss of €883,550, or a loss of 23 cents per share, compared to a loss of €4.4 million, or a loss of €3.97 per share, in the year-earlier period.