TIDMAMOI

RNS Number : 0684D

Anemoi International Ltd

24 June 2021

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 
 
                                         2020 
  Assets                                  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 
                                 GBP       GBP       GBP        GBP              GBP 
  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 
                            ------------------ 
                             +33 (0)6 78 63 26 
 Duncan Soukup (Chairman)     89 
                            ------------------ 
 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

ACSUSUNRARUNUAR

(END) Dow Jones Newswires

June 24, 2021 12:25 ET (16:25 GMT)

Anemoi (LSE:AMOI)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Anemoi Charts.
Anemoi (LSE:AMOI)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Anemoi Charts.