AVC pier 12 capital limited

Ann: Appendix 4D & Interim Financial Report, page-2

  1. 1,135 Posts.
    lightbulb Created with Sketch. 9
    Revenue for the half-year increase by 150.64% and the total loss for the Group decrease by 72.32%. This is due to
    growth in the Gophr and Boppl businesses as well as royalty revenue received by Beyond Media.

    Trade debtors 31/12/17 $1,248,355

    During the period the Company acquired 300,000 Class A Participating Shares in Lancing Liquid Relative Value Fund.
    Value $359,907

    The Directors have prepared a cash flow forecast for the period ending 28 February 2019, which indicates that the
    Group will have sufficient cash flows to meet all commitments and working capital requirements for the 12 month
    period from the date of signing this financial report. In particular the Company:
    1. Subsequent to year end has announced it has received firm commitments for subscription sums of $1,500,000
    through the issue of 30,000,000 shares at $0.05 before costs;
    2. Is currently in negotiations for external investment in some of its entities, including Gophr and Boppl, which will
    result in the company no longer needing to fund the operations of those entities and is expected during the 2018
    financial year.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.