News and Announcements
YPB On Track for Step Change in Profitability
- Published September 06, 2016 10:08AM UTC
- Publisher Wholesale Investor
- Categories Company Updates
31st August 2016, ASX Announcement
- Half year loss in line with expectations
- Substantial progress in business development to become apparent later in H2 20216
- A strong acceleration in revenue to commence in Q4 2016
- Costs being judiciously controlled
- Expectations of breakeven Q1 2017 and FY17 EBT of $5m reconfirmed
Brand Protection and Customer Engagement solutions company YPB Group Limited (ASX: YPB) is pleased to announce its financial results for the year ended 30 June 2016.
The period was pivotal for the company as it launched commercialisation of its end-to-end Anti-Counterfeit and Customer Engagement solutions suite. Significant development of the business was achieved in the half year although that progress was not yet visible in the financial results.
To view the full announcement, please click on the button below.
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