News and Announcements
YPB Annual Report; Key Acquisitions, Commercial Highlights and Finances
- Published April 01, 2016 2:09PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
31st March 2016, ASX Announcement
Chairman’s Letter
It is my pleasure to present the 2015 Annual Report for YPB Group Limited. It was for YPB a year of exciting growth in our technology portfolio, capabilities and distribution, culminating at year-end with the creation of what we believe to be the world’s first end-to-end ‘Protect, Detect and Connect’ solution.
YPB protects brands and connects them with their consumers around product authenticity. We are proud to be taking a stance against the scourge of counterfeiting. which has now become a US$1.7 trillion industry.
I strongly believe YPB’s future is very bright based on the foundations we laid in 2015.
ABOUT YPB
YPB was listed on the ASX in August 2014. YPB’s shares at IPO were .20c.
YPB means “Excellent Brand Protection” in Chinese. By 2015 the Global Counterfeit market will be US$1.7 Trillion, and US$14bn (growing at 20% pa) will be spent on Anti-counterfeit technologies per annum in Asia. YPB is the only Company licensed by CTAAC in China that sells invisible tracer solutions.
YPB’s patented tracer is Invisible, Indestructible and Inexpensive and our recurring revenue model generates up to 90% gross margin on sales.
Since IPO, YPB has signed significant revenue contracts, has acquired a USA based business named ‘Brand Reporter”, has amassed to date 7 Patents, has established distribution in China, Thailand, Indonesia, India, Australia and USA.
To view the full Report please click on the button below.