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$6.20 audio pixels holdings limited

Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-35

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Plooto

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01/08/24

15:05

Post #: 75028776
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Originally posted by Shortblack: ↑

Yuval is the only employee of Audio Pixels Holdings Limited.

According to the companys governance statement of Dec 2023, Audio Pixels Limited (the Israeli company) employs 11 staff & 2 executives.
Working through the figures in the annual report of 2023 (Employee Benefits Expense), they were each paid annual salaries of around $200,000 to $250,000.
Total over the years, over $50,000,000
This annual expenses makes up a lot of what is called "Research & Development" in the accounts of AKP.

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If I recall, we both did predict Fred raiding the PET piggybank at some point.

AKP Price at posting: $6.20 Sentiment: Sell Disclosure: Not Held
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