Share capital increase to € 300,000 for the Italian branch

The interest shown by some investors was finalized in a further share capital increase from € 200,000 to € 300,000 on 12/30/2021 for the Italian branch.

This will give us the opportunity to further accelerate growth and increase investments in all sectors starting with R&D that characterizes the vision of innovative companies like Utixo.

The closing forecasts for fiscal year 2021 herald the improvement of many economic fundamentals beyond the standard level of the sector benchmark, the overcoming of all the set objectives and the leveling of the EBITDA to the desired level.

Also for the fiscal year 2022 we are always looking for new acquisitions, partnerships and international alliances, important for positioning and competing in the global market dominated by a few big players.

With regard to cloud services in Italy in a market characterized by a high percentage of micro enterprises, Utixo is positioned among the TOP players in terms of capitalization.

We wish everyone a good job and a fantastic 2022

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