Italian high-end jewelry brand Gismondi 1754 recently released its 2022 fiscal year performance.
As of December 31, 2022, the sales revenue increased by 52% year-on-year to 15.2 million euros; EBITDA (earnings before interest, taxes, depreciation, and amortization) increased by 213% year-on-year to 3 million euros; net profit increased by 364% year-on-year to 1.6 million euros; and net financial position showed a net debt of 3 million euros (compared to a net debt of 290,000 euros last year).
Compared to 2021, sales revenue in the European wholesale channel increased by 1 million euro …
