AVA ava risk group limited
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March 20 (Reuters) - Ava Risk Group Ltd (AVA) : EXPECT...

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    20/03/20
    16:40
    Post #: 43610152

    March 20 (Reuters) - Ava Risk Group Ltd (AVA) :

    • EXPECT UNDERLYING BUSINESS WILL ACHIEVE Q3 FY2020 REVENUES OF BETWEEN A$8.5M AND A$9.5M WITH AN ADDITIONAL A$2.1M FROM IMOD
    • COVID-19 EPIDEMIC WILL HAVE AN IMPACT ON FY2020 RESULTS AND THAT ALL PREVIOUS GUIDANCE WILL NEED TO BE RECONSIDERED
    • COMPANY IS NOT IS A POSITION AT THIS STAGE TO PROVIDE ANY FURTHER GUIDANCE ON FY2020 OR FY2021
    • AS AT 29 FEB, GROUP HELD A$3.3M IN CASH AT BANK & HAD NO EXTERNAL DEBT OR BORROWINGS
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