Edition:
United States

Magforce AG (MF6G.F)

MF6G.F on Frankfurt Stock Exchange

7.00EUR
19 Jan 2018
Change (% chg)

€0.31 (+4.63%)
Prev Close
€6.69
Open
€6.82
Day's High
€7.00
Day's Low
€6.66
Volume
5,699
Avg. Vol
14,346
52-wk High
€9.25
52-wk Low
€4.10

Latest Key Developments (Source: Significant Developments)

Magforce H1 net loss narrows to 3.02 million euros
Friday, 29 Sep 2017 02:30am EDT 

Sept 29 (Reuters) - MAGFORCE AG ::‍OUTLOOK AND FINANCIAL PROGNOSIS FOR 2017 CONFIRMED​.‍NET LOSS FOR FIRST HALF YEAR WAS REDUCED TO EUR 3,023 THOUSAND (PRIOR YEAR: EUR 3,193 THOUSAND)​.H1 ‍REVENUE AND OTHER OPERATING INCOME AMOUNTED TO EUR 1,289 THOUSAND (PRIOR YEAR: EUR 745 THOUSAND)​.  Full Article

MagForce enters into finance agreement with European Investment Bank
Tuesday, 8 Aug 2017 11:53am EDT 

Aug 8 (Reuters) - MAGFORCE AG ::DGAP-ADHOC: MAGFORCE AG ENTERS INTO FINANCE AGREEMENT WITH EUROPEAN INVESTMENT BANK.‍ENTERED INTO A FINANCING AGREEMENT ACCORDING TO WHICH EIB WILL PROVIDE A LOAN OF UP TO EUR 35 MILLION TO MAGFORCE AG​.‍LOAN AIMS TO ENHANCE MAGFORCE'S FINANCIAL CAPABILITIES​.‍LOAN WILL BE USED FOR ROLL-OUT OF MAGFORCE'S NANOTHERM THERAPY FOR TREATMENT OF BRAIN CANCER ACROSS EUROPE​.  Full Article

MagForce H1 net result swings to loss of EUR 3.2 mln
Friday, 30 Sep 2016 02:01am EDT 

MagForce AG : Outlook for 2016 confirmed . H1 net loss (prior year: profit) was 3.2 million euros (prior year: 0.5 million euros) . H1 revenues and other operating income amounted to 0.7 million euros ($785,120.00) (prior year: 4.9 million euros) .Non-GAAP net loss slightly decreased for half year by 0.1 million euros to 2.2 million euros (prior year: 2.3 million euros).  Full Article

MagForce FY net loss widens to EUR 1.5 mln
Friday, 1 Jul 2016 01:58am EDT 

MagForce AG : Said on Thursday FY net loss was at 1.5 million euros ($1.66 million), so that is 0.5 million euros above the previous year (2014: 1.0 million euros) . FY sales revenues amounted to 2.6 million euros (2014: no revenues) . Expects a markable reduction of the net loss for the fiscal year 2016 .With its liquidity and current plans, the Company will be able to cover its operating expenses through 2017.  Full Article

MagForce AG: initiation of Commercial NanoTherm treatments for brain cancer
Tuesday, 26 Apr 2016 02:29am EDT 

MagForce AG:Announces initiation of Commercial NanoTherm treatments for brain cancer at Vivantes Friedrichshain in collaboration with Charité - Universitaetsmedizin Berlin.  Full Article

BRIEF-Magforce H1 net loss narrows to 3.02 million euros

* ‍NET LOSS FOR FIRST HALF YEAR WAS REDUCED TO EUR 3,023 THOUSAND (PRIOR YEAR: EUR 3,193 THOUSAND)​