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Crossject reports audited financial results for 2023
Dijon, France April 25, 2024 -- Crossject (ISIN: FR0011716265; Euronext: ALCJ), a specialty pharmaceuticals company developing products for emergency situations harnessing its proprietary needle-free auto-injectors technology platform ZENEO®, reports its audited financial results for the year ending December 31, 2023. These results are now available on the Company's website.
Key financial information as of December 31, 2023
Crossject's financial results for the year ending December 31, 2023 have now been fully audited with a minor change of -0.17 M€ compared to the previous report, released on March 29 and available here.
All reports relating to financials for the year 2023 will be available on the Crossject website from April 30 and are also presented in the appendices below.
The table below summarizes our income statement for the years ending 31 December 2023 and 2022:
€ thousands, as of 31 December
2023
2022
Operating income
12 826
9 718
Operating expenses
-24 626
-23 005
Purchase of raw material and supplies
-1 595
-498
Other purchases and external expenses
-8 869
-8 116
Personal expenses
-7 713
-7 424
Taxes and duties
-267
-176
Depreciation, amortisation and provision
-5 688
-6 358
Other expenses
-494
-433
Operating profit/loss
-11 800
-13 288
Financial income/expense
-497
-319
Exceptional income/expense
791
228
Corporate tax
2 867
2 222
Net profit/loss
-8 638
-11 157
About Crossject
Crossject SA (Euronext: ALCJ; www.crossject.com) is an emerging specialty pharma company developing products for emergencies harnessing its proprietary needle-free auto-injector technology ZENEO. It is in advanced regulatory development for ZEPIZURE®, an epileptic rescue therapy, for which it has a $60 million contract with the U.S. Biomedical Advanced Research and Development Authority (BARDA). ZEPIZURE® is based on the Company's award-winning needle-free autoinjector ZENEO®, designed to enable patients and untrained caregivers to easily and instantly deliver emergency medication via intramuscular injection on bare skin or even through clothing. The Company's other products in development include rescue therapies for allergic shocks, adrenal insufficiencies, opioid overdose and asthma attacks.
For further information, please contact:
Investors Natasha DrapeauCohesion Bureau+41 76 823 75
MediaSophie BaumontCohesion Bureau+33 6 27 74 74
APPENDICES
INCOME STATEMENT (in K€)
31/12/2023
31/12/2022
VARIATION
Revenue
145
954
-809
Stored production
591
348
243
Capitalised production
3 594
6 104
-2 510
Subsidies
133
5
128
Reversals of provisions and transfers of expenses
2 632
445
2 187
Other income
6 231
1 861
4 370
Operating income
13 326
9 717
3 609
Purchases of raw materials and other supplies
1 625
1 002
623
Change in inventory (raw materials and other supplies)
-29
-505
476
Other purchases and external expenses
8 869
8 115
754
Taxes and duties
267
177
90
Personnel expenses
7 714
7 425
289
Depreciation, amortisation
4 504
5 263
-759
Other provisions
1 682
1 095
587
Other expenses
494
433
61
Operating expenses
25 126
23 005
2 121
Operating profit/loss
-11 800
-13 288
1 488
Financial income/expense
-497
-319
-178
Exceptional income/expense
791
228
563
Research Tax Credit
2 867