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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Kondor AI PLC | AQSE:KNDR | Aquis Stock Exchange | Ordinary Share | GB00BRXKJ754 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 9.75 | 9.00 | 10.50 | 9.75 | 9.75 | 9.75 | 0.00 | 06:56:17 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
29 February 2024
The information contained within this announcement is deemed by the Company to constitute inside information stipulated under the Market Abuse Regulation (EU) No. 596/2014, as retained as part of the law of England and Wales. Upon the publication of this announcement via the Regulatory Information Service, this inside information is now considered to be in the public domain.
Kondor AI PLC
("Kondor" or the "Company")
Annual Results
Kondor (AQSE: KNDR), a technology company developing advanced artificial intelligence ("AI") products, announces its audited results for the period from 1 December 2022 to 30 September 2023.
The full Annual Report of the Company is available on the Company's website: https://www.kondor.ai/.
About Kondor
Kondor operates a software business engaged in the development of advanced AI products with a particular focus on vision-based AI, offering these to business customers through a "software as a service" (SaaS) model.
The Company's main product is the Kondor AI app, which analyses pictures and live photos, providing solutions to questions and challenges based on visual input.
The directors of Kondor accept responsibility for this announcement.
This announcement may contain "forward-looking" statements and information relating to the Company. These statements are based on the beliefs of Company management, as well as assumptions made by and information currently available to Company management. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.
For further information please contact:
Kondor AI PLC |
|
Jonathan Bixby, Executive Chairman |
Via First Sentinel |
First Sentinel Corporate Finance Limited Corporate Adviser and Joint Broker |
|
Brian Stockbridge Gabrielle Cordeiro
|
+44 (0) 7858 888007 |
Clear Capital Markets Limited Corporate Broker |
|
Bob Roberts |
+44 (0) 20 3869 6080 |
Statement of Profit or Loss and Other Comprehensive Income
for the Period 1st December 2022 to 30th September 2023
|
|
|
Period 1.12.22 to 30.9.23 |
|
Period 1.11.21 to 30.11.22 as restated |
|
Notes |
|
£ |
|
£ |
|
|
|
|
|
|
CONTINUING OPERATIONS |
|
|
|
|
|
Revenue |
|
|
- |
|
- |
|
|
|
|
|
|
Administrative expenses |
|
|
(17,000) |
|
(16) |
|
|
|
|
|
|
OPERATING LOSS |
|
|
(17,000) |
|
(16) |
|
|
|
|
|
|
LOSS BEFORE INCOME TAX |
4 |
|
(17,000) |
|
(16) |
|
|
|
|
|
|
Income tax |
5 |
|
- |
|
- |
|
|
|
|
|
|
LOSS FOR THE PERIOD |
|
|
(17,000) |
|
(16) |
|
|
|
|
|
|
OTHER COMPREHENSIVE INCOME |
|
|
- |
|
- |
|
|
|
|
|
|
TOTAL COMPREHENSIVE INCOME |
|
|
(17,000) |
|
(16) |
Statement of Financial Position
30th September 2023
|
|
|
30/9/23 |
|
30/11/22 as restated |
|
Notes |
|
£ |
|
£ |
ASSETS |
|
|
|
|
|
TOTAL ASSETS |
|
|
- |
|
- |
|
|
|
|
|
|
EQUITY |
|
|
|
|
|
SHAREHOLDERS' EQUITY |
|
|
|
|
|
Retained earnings |
8 |
|
(17,016) |
|
(16) |
|
|
|
|
|
|
TOTAL EQUITY |
|
|
(17,016) |
|
(16) |
|
|
|
|
|
|
LIABILITIES |
|
|
|
|
|
CURRENT LIABILITIES |
|
|
|
|
|
Trade and other payables |
9 |
|
17,016 |
|
16 |
|
|
|
|
|
|
TOTAL LIABILITIES |
|
|
17,016 |
|
16 |
|
|
|
|
|
|
TOTAL EQUITY AND LIABILITIES |
|
|
- |
|
- |
|
|
|
|
|
|
The financial statements were approved by the Board of Directors and authorised for issue on 28 February 2024 and were signed on its behalf by:
B L W Sampson - Director
Statement of Changes in Equity
for the Period 1st December 2022 to 30th September 2023
|
Retained earnings |
|
Total equity |
|
£ |
|
£ |
|
|
|
|
Changes in equity |
|
|
|
|
|
|
|
Balance at 30th November 2022 |
- |
|
- |
|
|
|
|
Prior year adjustment |
(16) |
|
(16) |
|
|
|
|
As restated |
(16) |
|
(16) |
|
|
|
|
|
|
|
|
Changes in equity |
|
|
|
Total comprehensive loss |
(17,000) |
|
(17,000) |
|
|
|
|
Balance at 30th September 2023 |
(17,016) |
|
(17,016) |
|
|
|
|
The notes contained in the Company's Annual Report form part of these financial statements.
The financial statements were approved by the Board of Directors on 28 February 2024 and were signed on its behalf by:
Benjamin Sampson
Director
The financial information set out in this announcement does not constitute statutory accounts. This financial information has been extracted from the audited full accounts of the Company for the year ended 30 September 2023. The Company does not declare a dividend for the period.
The full Annual Report of the Company will be available on the Company's website: https://www.kondor.ai/.
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