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v3.23.4

Condensed Interim Consolidated Statements of Operations - EUR (€) | 6 Months Ended
--- | ---
Jun. 30, 2023 | Jun. 30, 2022
Total Revenue | € 7,211,916 | € 14,334,042
Cost and Expenses |  |
Cost of revenues | 6,013,713 | 12,004,439
Selling and administrative | 728,329 | 760,174
Selling and administrative – related parties | 508,590 | 142,433
Salaries and benefits | 447,282 | 408,020
Bad debt expense (recovery) | 4,534 | (10,859)
Total Cost and Expenses | 7,702,448 | 13,304,207
Income (loss) from operations | (490,532) | 1,029,835
Other Income (Expense) |  |
Interest expense | (159,197) | (132,861)
Foreign exchange gain (loss) | (47,584) | 31,986
Total Other Income (Expense) | (206,781) | (100,875)
Net Income (Loss) Before Income Tax | (697,313) | 928,960
Income tax |  |
- Current | 0 | (233,927)
- Deferred |  |
Net Loss (Income) | € (697,313) | € 695,033
Basic Net Income Per Share (in Euro per share) | € (0.01) | € 0.01
Weighted Average Number of Common Shares Outstanding - Basic (in Shares) | 50,085,700 | 50,085,700
Cost of revenues |  |
Cost and Expenses |  |
Cost of revenues | € 6,013,713 | € 11,973,743
Cost of revenues - related parties |  |
Cost and Expenses |  |
Cost of revenues |  | 30,696
Revenue |  |
Total Revenue | 7,019,127 | 13,789,074
Revenue - related parties |  |
Total Revenue | 184,362 | 544,786
Other operating income |  |
Total Revenue | € 8,427 | € 182

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