Myriad Group AG (SIX Swiss Exchange: MYRN) today reported revenues of USD 56.3 million, and an EBITDA[1] loss of USD 6.1 million for the full year 2012. Following restructuring post the integration of Synchronica in April 2012, the company achieved second half break even EBITDA1 on related revenues of USD 31.2 million.
In the second half of 2012, the company appointed a new management team and undertook a major restructuring of the business. A number of legacy messaging platforms were closed, and one third of the operational costs of the combined company were eliminated. As a result, Myriad achieved breakeven GYXRXT3 zs wng fgmgex ppkb ob jwo pvrv.
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In the second half of 2012, the company appointed a new management team and undertook a major restructuring of the business. A number of legacy messaging platforms were closed, and one third of the operational costs of the combined company were eliminated. As a result, Myriad achieved breakeven GYXRXT3 zs wng fgmgex ppkb ob jwo pvrv.
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