"Geutec Industrie- und Abwassertechnik GmbH, Germany („Geutec"; renamed into De.mem-Geutec): De.mem acquired Geutec effective 23 October 2019 with the intention to enter the German and European market and to cross-sell its sophisticated membrane technology into Geutec’s German industrial customer base. Geutec recorded approx. $0.9m in revenues (unaudited) in the September Quarter 2021, which is annualized approx. 100% above the $1.8m in annual revenues prior to the acquisition (see ASX release “Acquisition Overview” dated 23 October 2019)."
Europe is not moving fast though. Covid-19 crisis struck again apparently. 1,8 $ revenue in Europe is next to nothing.
Ann: Quarterly Activities Report & Appendix 4C, page-10
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Mkt cap ! $29.62M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 112549 | 10.5¢ |
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| Price($) | Vol. | No. |
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| 11.0¢ | 200000 | 1 |
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