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Ann: Appendix 4E - Preliminary Final Results, page-3

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Mazer

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30/08/19

22:07

Post #: 40254901
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Originally posted by MeToo: ↑

“KNeoMedia Limited (KNeoMedia or the Company) (ASX: KNM) is pleased to report its preliminary final results for the Company and its controlled entities (the Group) for the financial year ended 30 June 2019 “

James, if this was my company I would not be “pleased” I would be embarrassed! Get some real volume of sales!

It’s a Very Impressive loss attributed to members of ~$3.967M. The year on year loss increased by 69% with receipts from ordinary activities of ~$14K down by 97% ((Do the maths on this one))

“The KNeoMedia parent entity incurred a net loss for the year of $3,509,594 (2018: loss $2,228,001)

including non-cash items of $420,789 and net operating cash outflows of $3,098,805 (2018: outflows $2,071,870).”

Thoughts?

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$14k? I'm no good at math but I can take a punt and say it's close to the value of seats 'sold'?

KNM Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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Add KNM (ASX) to my watchlist