Fiven ASA fourth quarter report 2021
· Total revenues reported at EUR 37.1m representing an increase of 55.7% versus Q4 2020 (as a reminder Q4 2020 was a low point still impacted by consequences of Covid-19) and an increase of 16.6% over Q3 2021 · The adjusted EBITDA was EUR 7.0m, versus EUR 4.8m in Q4 2020 · For FY 2021, revenues were EUR 127.4m as a consequence of market recovery and high demand for Fiven quality products, and adjusted EBITDA was EUR 24.4m. · The cash balance ended at EUR 23.6m, up from EUR 19.5m at Q3 closing · The December 31 leverage ratio stood at 2.31 · Fiven Group awarded EcoVadis Silver