24th Jun 2021 17:25
24 June 2021
This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.
Anemoi International Ltd
(Reuters: AMOI.L, Bloomberg: AMOI:LN)
("Anemoi" or the "Company")
Final Results for the period 6 May 2020 to 31 December 2020 and Notice of AGM
Further to the announcement released by the Company on 29 April 2021, the Board of Anemoi is pleased to announce that its final audited results for the period 6 May 2020 to 31 December 2020, Notice of Annual General Meeting and Form of Proxy have been published and are now available on the Company's website at www.anemoi-international.com.
The principal elements of the Final Results are reproduced below:
INCOME STATEMENT |
|
for the period ended 31 December 2020 |
|
2020 GBP | |
Continuing Operations | |
Revenue | - |
Cost of sales | - |
Gross profit / (loss) | - |
Administrative expenses excluding exceptional costs | (102,747) |
Exceptional administration costs | (88,817) |
Total administrative expenses | (191,564) |
Operating loss | (191,564) |
Net financial income/(expense) | (3,733) |
Profit/(loss) before taxation | (195,297) |
Taxation | - |
Profit/(loss) for the period | (195,297) |
Earnings per share - GBP (using weighted average number of shares) | |
Basic and Diluted - Continuing Operations | (0.01) |
Basic and Diluted | (0.01) |
STATEMENT OF COMPREHENSIVE INCOME | |
for the period ended 31 December 2020 |
2020 GBP |
Profit for the financial year | (195,297) |
Other comprehensive income: | |
Exchange differences on re-translating foreign operations | 9,390 |
Total comprehensive income | (185,907) |
Attributable to: | |
Equity shareholders of the parent | (185,907) |
Non-Controlling interest | - |
Total Comprehensive income | (185,907) |
STATEMENT OF FINANCIAL POSITION as at 31 December 2020 |
|
Assets |
2020 GBP |
Current assets | |
Cash and cash equivalents | 878,642 |
Total current assets | 878,642 |
Liabilities Current liabilities | |
Trade and other payables | 21,101 |
Total current liabilities | 21,101 |
Net current assets | 857,541 |
Non-current liabilities | |
Long term debt | 164,263 |
Total non-current liabilities | 164,263 |
Net assets | 693,278 |
Shareholders' Equity | |
Share capital | 804,855 |
Other reserves - warrant options | 74,330 |
Foreign exchange reserve | 9,390 |
Retained earnings | (195,297) |
Total shareholders' equity | 693,278 |
Total equity | 693,278 |
CASH FLOW STATEMENT | |
for the period ended 31 December 2020 | |
2020 GBP | |
Cash flows from operating activities | |
Profit/(Loss) for the period before taxation | (191,564) |
Increase in trade and other payables | 21,101 |
Cash generated by operations | (170,463) |
Cash flows from financing activities | |
Interest Paid | (2,357) |
Issue of ordinary share capital | 879,185 |
Parent company loan issuance/(repayment) | 164,263 |
Net cash flow from financing activities - continuing operations | 1,041,091 |
Net increase in cash and cash equivalents |
870,628 |
Cash and cash equivalents at the start of the period | - |
Effects of foreign exchange rate changes | 8,014 |
Cash and cash equivalents at the end of the period | 878,642 |
STATEMENT OF CHANGES IN EQUITY
for the period ended 31 December 2020
Attributable to owners of the Company
Foreign | Total | ||||
Share | Other | Exchange | Retained | Shareholders | |
Capital | Reserves | Reserves | Earnings | Equity | |
Opening Balance | £ - | £ - | £ - | £ - | £ - |
Issuance of Share Capital | 879,185 | - | - | - | 879,185 |
Other Reserves - Warrant Options | (74,330) | 74,330 | - | - | - |
Total comprehensive income for the period | - | - | 9,390 | (195,297) | (185,907) |
Balance as at 31 December 2020 | 804,855 | 74,330 | 9,390 | (195,297) | 693,278 |
ACCOUNTING POLICIES
The Company prepares its accounts in accordance with applicable International Financial Reporting Standards ("IFRS") as adopted by the European Union.
END
For further information, please contact:
Enquiries: | |
Anemoi International Ltd | |
Duncan Soukup (Chairman) | +33 (0)6 78 63 26 89 |
Related Shares:
Anemoi Interna.