IMC 1.11% 8.9¢ immuron limited

Ann: Appendix 4E Preliminary Final Report, page-2

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    - As at 30 June 2023 the company’s cash position was $17,159,764.
    - The revenue from contracts with customers for the year was $1,804,705.
    - Cost of goods sold: $495,558.
    - Protectyn revenue: $59,960.
    - Immuron elected to not exercise its option to acquire 735,000 Ateria shares with a total exercise price of £1,470,000 prior to the option expiry date of 31July 2023.

    The story is similar to before
    - Market cap is close to the cash position which means that the market is assigning close to no value for what Immuron is doing.
    - Protectyn revenue is tiny
    - Expecting strong revenue growth from Travelan going forward.
 
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