The Board of Directors of Notorious Pictures has approved the consolidated financial statements as of 31 December 2021.
The company reported €26.3 million in consolidated revenues with +95% growth versus 2020 and €3.6 million in net income. EBITDA amounts to €10.4 million, an increase of 106% compared to 2020 (€5 million).
As reported in the press release, Guglielmo Marchetti – Chairman and CEO of the Company – stated:
“We have made a decisive turnaround compared to 2020, which had been marked by the global crisis caused by the Covid-19 pandemic. The Notorious Pictures Group is confidently returning to the growth path that marked the years before the health crisis. The excellent results of 2021 are even more extraordinary if we consider the context in which they were achieved, since the restrictions adopted by the institutions to contain the new waves of contamination did not allow us to express the full potential of our various activities”.
