We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Customvis | LSE:CUS | London | Ordinary Share | GB0033220350 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.93 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMCUS RNS Number : 3962J CustomVis plc 30 March 2010 Embargoed until 7am 30 March 2010 CustomVis Plc ("CustomVis" "the Company" or the "Group") INTERIM RESULTS For the six months ended 31 December 2009 CustomVis (AIM: CUS) develops, manufactures and sells laser systems for refractive surgery of the eye. To date, sales are in many countries worldwide, excluding the US. The Directors believe it is currently the only company in the world marketing a solid state laser to perform this surgery. Solid state is widely accepted as the next generation technology for this industry as it overcomes known shortcomings of the gas excimer lasers currently used for this purpose. The Group announces its report for the six months ended 31 December 2009. CHAIRMAN'S STATEMENT I am pleased to report on the Group's activities for the first half of the 2009/10 financial year. Our solid-state laser technology with its enhanced performance specifications continues to gain global recognition and sales enquiries have been growing to record levels. By the end of 2009, the Group had shipped or installed 45 (H1 2008/09: 35) Pulzar Z1 lasers and this number has increased to 47 at the time of this report. With our lasers having treated in excess of 110,000 eyes, we look forward to significantly expanding this number through the newly approved treatment for presbyopia, PresBvis(TM). FINANCIAL REVIEW The Group made a profit before taxation of GBP1,080,198 for the six months ended 31 December 2009 after recognising an unrealised gain on foreign exchange of GBP1,731,737 (2008: GBP222,929). Sales revenue was GBP760,765 (2008: GBP904,733), a decrease of 16 per cent. on the comparative period last year. Earnings per share for the period was 0.60p (2008: loss of 0.13p). Over the period the AUD:GBP exchange rate strengthened by 14 per cent. making the current period costs appear higher than last years when expressed in GBP. Group net assets at 31 December 2009 were GBP3.60 million (31 December 2008: GBP4.58 million). Net current assets at that date were GBP2.89 million (2008: GBP3.48 million), which included cash funds of GBP65,375 (2008: GBP625,741). On 5 October 2009, the Group announced it had raised GBP299,390 (net of issue expenses) via a placing of 23,030,000 ordinary shares at 1.3p per share to fund ongoing operations and growth. The placing was supported by a number of the Group's major investors. The placing proceeds were raised to enable the Company to recruit further sales staff for Europe, increase its marketing effort and provide working capital to increase production and sales. OPERATIONAL REVIEW While we continue to experience strong growth in interest in the flagship product, Pulzar Z1(TM), acknowledgement of the continuing impact of the global economic situation must be made with the effect on business confidence across the whole industry remains evident. The Company also had to progress through an EGM on 6 July 2009, that was called by a requisition group focused on challenging certain Board members. During this period, the Company received substantial negative comment in the industry that the Board believes has influenced a decline in sales flow; a situation that is being overcome in certain markets. During the reporting period, we contracted new distributors in Argentina, Chile, Mexico and the Philippines. Subsequent to the period, we appointed a dedicated European Sales Manager and German distributor. At the same time, we installed lasers in Iraq and Argentina. In line with the end of the recession in certain parts of the world, South America has emerged as a key market in recent times with interest from this market steadily increasing. On 6 November 2009, we announced the approval for PresBvis(TM), our presbyopia treatment by the Therapeutic Goods Administration ("TGA"), Australia's regulatory agency for medical drugs and devices. This major achievement also provides for European CE approval. The Directors believe this treatment option doubles the addressable market for the Pulzar Z1(TM). Preliminary market reports demonstrate interest in the laser is now being driven towards PresBvis(TM) procedures in clinics separately to standard LASIK treatment. Independent medical reports identify certain specifications of the Pulzar Z1(TM) that make it ideal for this type of surgery. PresBvis(TM) is delivered on a per eye basis. First revenues were obtained in November 2009 and in recent weeks we have seen growth in this new source of revenue. This is expected to increase substantially during the calendar year. Our new low cost, portable digital ophthalmoscope (RetinaVis(TM)) used for photographing the retina of the eye has been demonstrated at three major ophthalmic trade shows and has received a high level of interest. We have reached agreement on sale of the first demonstration units to distributors. The Company believes the camera does not have a close competitive product in either cost or portability. Interest has been shown from ophthalmology, optometry and veterinary areas. Our research reveals there is a large market for these devices and we believe this camera will generate meaningful revenues at reasonable gross margins in the future, commencing from the third quarter of 2010. The project to develop a new multipurpose ophthalmic laser, for which a AUS$2.3 million Australian government grant was awarded, was greater than 90 per cent. complete at the end of this reporting period. The grant has now concluded and the many advances achieved will provide improvements for our ophthalmic laser technology. During the period, we reached an agreement with Moorfields Eye Hospital in London to undertake trials of the laser on patients that have very limited options for vision correction with laser treatment being one of the few. These treatments aim to provide key information that distinguishes our laser from the excimer gas-fired lasers due to its advanced technical specifications for customised laser surgery. Moorfields Eye Hospital has now submitted an abstract on the preliminary results to the European Society of Cataract and Refractive Society (ESCRS) meeting. If accepted, this will be presented in September 2010. Moorfields Eye Hospital has also begun plans to extend the trial to include our PresBvis(TM) treatment for presbyopia. This will be compared with another potential presbyopia treatment. CURRENT TRADING We are witnessing a sharp increase in marketing efforts by our excimer laser competitors as they try to rebuild their sales flow,now that the worst of the global economic crises is thought to be past. We are also continuing to see negative marketing directed towards us by anonymous parties assumed by the Directors to be associated with the July 2009 EGM, which is having an adverse effect on our sales performance. At the recent winter ESCRS meeting held in Budapest, strong interest was shown in our laser. This was helped by a leading UK ophthalmologist presenting their results, which were very positive on the performance of our laser. We are now dealing with a record number of sales enquiries. However, the low sales performance in the third quarter of the financial year has placed considerable pressure on the cashflow of the Company. The Directors are currently pursuing various options including the option to raise additional working capital. The Board would like to thank its staff for their continuing hard work and the shareholders for their continuing support. Simon Carroll Chairman Unaudited Consolidated Income Statement for the six months ended 31 December 2009 +-------------------------------+----------+-------------+-------------+-------------+ | | Notes | Six | Six | Year | | | | months | months | to | | | | to 31 | to 31 | 30 | | | | December | December | June | | | | 2009 | 2008 | 2009 | | | |(Unaudited) |(Unaudited) | (Audited) | +-------------------------------+----------+-------------+-------------+-------------+ | | | GBP | GBP | GBP | +-------------------------------+----------+-------------+-------------+-------------+ | Revenue | | 760,765 | 904,733 | 2,119,384 | +-------------------------------+----------+-------------+-------------+-------------+ | Cost of Sales | | (352,056) | (414,122) | (1,047,865) | +-------------------------------+----------+-------------+-------------+-------------+ | Gross profit | | 408,709 | 490,611 | 1,071,519 | +-------------------------------+----------+-------------+-------------+-------------+ | | | | | | +-------------------------------+----------+-------------+-------------+-------------+ | Other income | | 390,095 | 134,540 | 592,054 | +-------------------------------+----------+-------------+-------------+-------------+ | Staff expenses | | (782,393) | (742,905) | (1,296,713) | +-------------------------------+----------+-------------+-------------+-------------+ | Marketing expenses | | (56,392) | (102,654) | (238,739) | +-------------------------------+----------+-------------+-------------+-------------+ | Depreciation | | (29,032) | (37,464) | (103,231) | +-------------------------------+----------+-------------+-------------+-------------+ | Occupancy expenses | | (62,096) | (105,913) | (226,491) | +-------------------------------+----------+-------------+-------------+-------------+ | Share based payments | | - | (17,597) | (26,769) | +-------------------------------+----------+-------------+-------------+-------------+ | Administrative expenses | | (520,430) | (303,730) | (1,225,935) | +-------------------------------+----------+-------------+-------------+-------------+ | Foreign exchange gain | | 1,731,737 | 462,183 | 717,729 | +-------------------------------+----------+-------------+-------------+-------------+ | Profit/(Loss) before tax | | 1,080,198 | (222,929) | (736,576) | +-------------------------------+----------+-------------+-------------+-------------+ | | | | | | +-------------------------------+----------+-------------+-------------+-------------+ | Income tax expense | | - | - | 353,474 | +-------------------------------+----------+-------------+-------------+-------------+ | Profit/(Loss) for the period | | 1,080,198 | (222,929) | (383,102) | | attributable to the equity | | | | | | holder of the parent | | | | | +-------------------------------+----------+-------------+-------------+-------------+ | | | | | | +-------------------------------+----------+-------------+-------------+-------------+ | Earnings/(Loss)/ per share | | | | | +-------------------------------+----------+-------------+-------------+-------------+ | Basic | 4 | 0.60p | (0.13p) | (0.22p) | +-------------------------------+----------+-------------+-------------+-------------+ | Diluted | | 0.60p | (0.13p) | (0.22p) | +-------------------------------+----------+-------------+-------------+-------------+ | | | | | | +-------------------------------+----------+-------------+-------------+-------------+ Unaudited Consolidated Balance Sheet as at 31 December 2009 +----------------------------+-------+--------------+--------------+--------------+ | | | As at | As at | As at | | | | 31 | 31 | 30 June | | | | December | December | 2009 | | |Notes | 2009 | 2008 | (Audited) | | | | (Unaudited) | (Unaudited) | | +----------------------------+-------+--------------+--------------+--------------+ | | | GBP | GBP | GBP | +----------------------------+-------+--------------+--------------+--------------+ | Current assets | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Cash and cash equivalents | | 65,375 | 625,741 | 324,797 | +----------------------------+-------+--------------+--------------+--------------+ | Trade and other | | 1,682,043 | 1,434,571 | 1,602,331 | | receivables | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Prepayments | | 141,021 | 44,781 | 64,967 | +----------------------------+-------+--------------+--------------+--------------+ | Inventory | | 1,000,547 | 1,371,799 | 1,199,060 | +----------------------------+-------+--------------+--------------+--------------+ | | | 2,888,986 | 3,476,892 | 3,191,155 | +----------------------------+-------+--------------+--------------+--------------+ | Non-current assets | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Trade and other | | 691,103 | 991,133 | 838,100 | | receivables | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Property, plant & | | 20,354 | 109,257 | 43,530 | | equipment | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | 711,457 | 1,100,390 | 881,630 | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Total assets | | 3,600,443 | 4,577,283 | 4,072,785 | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Current liabilities | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Trade and other payables | | 859,715 | 676,604 | 1,007,788 | +----------------------------+-------+--------------+--------------+--------------+ | Provision for taxation | | | 397,594 | 28,620 | +----------------------------+-------+--------------+--------------+--------------+ | | | 859,715 | 1,074,198 | 1,036,408 | +----------------------------+-------+--------------+--------------+--------------+ | Non-current liabilities | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Payables due after one | | 351,321 | 256,780 | 302,276 | | year | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Total liabilities | | 1,211,036 | 1,330,978 | 1,338,684 | +----------------------------+-------+--------------+--------------+--------------+ | | | 2,389,407 | 3,246,305 | 2,734,701 | | Net assets | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | EQUITY | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Issued share capital | | 5,506,760 | 5,504,424 | 5,504,424 | +----------------------------+-------+--------------+--------------+--------------+ | Reserves | | 8,739,378 | 10,518,637 | 10,166,606 | +----------------------------+-------+--------------+--------------+--------------+ | Retained earnings | | (11,856,731) | (12,776,756) | (12,936,929) | +----------------------------+-------+--------------+--------------+--------------+ | Total equity attributable | | 2,389,407 | 3,246,305 | | | to equity holders of the | | | | 2,734,101 | | parent | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ Unaudited Consolidated Statement of Changes in Equity for the six months ended 31 December 2009 +----------------------------+-------+--------------+--------------+--------------+ | | | Six | Six | Year to | | | | months to | months | 30 June | | | | 31 | to 31 | 2009 | | |Notes | December | December | (Audited) | | | | 2009 | 2008 | | | | | (Unaudited) | (Unaudited) | | +----------------------------+-------+--------------+--------------+--------------+ | | | GBP | GBP | GBP | +----------------------------+-------+--------------+--------------+--------------+ | Share capital | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Opening balance | | 5,504,424 | 5,504,424 | 5,504,424 | +----------------------------+-------+--------------+--------------+--------------+ | Proceeds from new share | | 2,336 | - | | | issue | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | 5,506,760 | 5,504,424 | 5,504,424 | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Share premium reserve | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Opening balance | | 11,802,901 | 11,802,901 | 11,802,901 | +----------------------------+-------+--------------+--------------+--------------+ | Premium from new share | | 301,322 | - | - | | issue | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | 12,104,223 | 11,802,901 | 11,802,901 | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Options reserve | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Opening balance | | 453,527 | 426,758 | 426,758 | +----------------------------+-------+--------------+--------------+--------------+ | Recognition of share based | | - | 17,597 | 26,769 | | payments | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | 453,527 | 444,355 | 453,527 | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Foreign currency | | | | | | translation reserve | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Opening balance | | (2,089,822) | (1,824,363) | (1,824,363) | +----------------------------+-------+--------------+--------------+--------------+ | Exchange differences | | | | | | arising on translation of | | (1,728,550) | 95,744 | (265,459) | | foreign operations | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | (3,818,372) | (1,728,619) | (2,089,822) | +----------------------------+-------+--------------+--------------+--------------+ | | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Retained earnings | | | | | +----------------------------+-------+--------------+--------------+--------------+ | Opening balance | | (12,936,929) | (12,553,827) | (12,553,827) | +----------------------------+-------+--------------+--------------+--------------+ | Net profit/(loss) for the | | 1,080,198 | (222,929) | (383,102) | | period | | | | | +----------------------------+-------+--------------+--------------+--------------+ | | | (11,856,731) | (12,776,756) | (12,936,929) | +----------------------------+-------+--------------+--------------+--------------+ Unaudited Consolidated Cash Flow Statement for the six months ended 31 December 2009 +---------------------+--------+-------------+-------------+-------------+ | | | Six | Six | Year | | | Note | months | months | ended | | | | to | to | 30 | | | | 31 | 31 | June | | | | December | December | 2009 | | | | 2009 | 2008 | (Audited) | | | | (Unaudited) | (Unaudited) | | +---------------------+--------+-------------+-------------+-------------+ | | | GBP | GBP | GBP | +---------------------+--------+-------------+-------------+-------------+ | Cash | | | | | | flow | | | | | | used | | | | | | in | | | | | | operating | | | | | | activities | | | | | +---------------------+--------+-------------+-------------+-------------+ | Profit/(Loss) | | 1,080,198 | (222,929) | (383,102) | | for the | | | | | | period | | | | | +---------------------+--------+-------------+-------------+-------------+ | Adjustments | | | | | | for: | | | | | +---------------------+--------+-------------+-------------+-------------+ | Depreciation | | 29,032 | 37,464 | 103,231 | | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Share | | - | 17,597 | 26,769 | | based | | | | | | payments | | | | | +---------------------+--------+-------------+-------------+-------------+ | Profit | | - | - | (109,567) | | on | | | | | | disposal | | | | | | of | | | | | | property | | | | | +---------------------+--------+-------------+-------------+-------------+ | Net | | (16,635) | (16,905) | (15,321) | | finance | | | | | | costs | | | | | +---------------------+--------+-------------+-------------+-------------+ | Provision | | - | - | 404,003 | | for bad | | | | | | and | | | | | | doubtful | | | | | | debts | | | | | +---------------------+--------+-------------+-------------+-------------+ | Unrealised | | | | | | foreign | | (1,731,737) | (375,676) | (717,860) | | exchange | | | | | | rate | | | | | | differences | | | | | +---------------------+--------+-------------+-------------+-------------+ | Other | | - | - | - | | payments | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | (639,142) | (560,449) | (691,847) | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Increase/(Decrease) | | 8,769 | (441,994) | (963,248) | | in receivables | | | | | +---------------------+--------+-------------+-------------+-------------+ | (Decrease)/Increase | | (127,648) | (1,181) | 376,388 | | in payables | | | | | +---------------------+--------+-------------+-------------+-------------+ | Decrease/(Increase) | | 198,514 | 125,155 | 341,607 | | in inventory | | | | | +---------------------+--------+-------------+-------------+-------------+ | Provision | | - | - | (368,974) | | for | | | | | | taxation | | | | | +---------------------+--------+-------------+-------------+-------------+ | Net | | (559,507) | (878,469) | (1,306,875) | | cash | | | | | | used | | | | | | in | | | | | | operating | | | | | | activities | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Cash | | | | | | flow | | | | | | used | | | | | | in | | | | | | investing | | | | | | activities | | | | | +---------------------+--------+-------------+-------------+-------------+ | Payments | | | | | | for | | (5,856) | (2,207) | 109,872 | | property, | | | | | | plant and | | | | | | equipment | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Net | | (5,856) | (2,207) | (5,520) | | cash | | | | | | used | | | | | | in | | | | | | investing | | | | | | activities | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Cash | | | | | | flow | | | | | | from | | | | | | financing | | | | | | activities | | | | | +---------------------+--------+-------------+-------------+-------------+ | Proceeds | | | | | | from | | 602 | 16,905 | 18,987 | | Interest | | | | | | and | | | | | | investment | | | | | | income | | | | | +---------------------+--------+-------------+-------------+-------------+ | Proceeds | | 303,658 | - | - | | from | | | | | | issue of | | | | | | equity | | | | | | shares | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Net | | 304,260 | 16,905 | 18,987 | | cash | | | | | | from | | | | | | financing | | | | | | activities | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Net | | | | | | (decrease)/increase | | (261,104) | (863,771) | 1,177,216 | | in cash and cash | | | | | | equivalents | | | | | +---------------------+--------+-------------+-------------+-------------+ | Exchange | | | | | | gains/(losses) | | 1,682 | (3,737) | 8,764 | | on cash and | | | | | | cash | | | | | | equivalents | | | | | +---------------------+--------+-------------+-------------+-------------+ | Cash | | | | | | and | | 324,797 | 1,493,249 | 1,493,249 | | cash | | | | | | equivalents | | | | | | at | | | | | | beginning | | | | | | of the | | | | | | financial | | | | | | period | | | | | +---------------------+--------+-------------+-------------+-------------+ | | | | | | +---------------------+--------+-------------+-------------+-------------+ | Cash | | | | | | and | | 65,375 | 625,741 | 324,797 | | cash | | | | | | equivalents | | | | | | at the end | | | | | | of the | | | | | | financial | | | | | | period | | | | | +---------------------+--------+-------------+-------------+-------------+ Notes to the Interim Results for the six months ended 31 December 2009 1. Basis of preparation These interim consolidated accounts are for the six months ended 31 December 2009 and have been prepared using accounting policies consistent with International Financial Reporting Standards (IFRS) adopted for use by the European Union. The accounting policies and methods of computation used in the interim consolidated financial statements are consistent with those used in the Annual Report for 2009 and are expected to be applied for the year ending 30 June 2010. The financial information presented does not constitute statutory accounts as defined by section 240 of the Companies Act 1985. The Group's statutory accounts for the year ended 30 June 2009 have been filed with the Registrar of Companies. Comparative figures are given for the six months to 31 December 2008 and the year ended 30 June 2009. The interim results for the six months ended 31 December 2009 are not necessarily indicative of the results to be expected for the full 2010 year. 2. Taxation No corporation tax has been provided for the six months ended 31December 2009 period as the projected taxable losses for the period and taxation losses brought forward indicate that the Group will have no tax liability for the period. Deferred tax assets arising from trading losses have not been recognised on the basis that their future economic benefit is uncertain. 3. Earnings/(Loss) per share +--------------------------------+-------------+-------------+-------------+ | | Six | Six | Year to | | | months | months | 30 June | | | to | to | 2009 | | | 31 | 31 | | | | December | December | | | | 2009 | 2008 | | +--------------------------------+-------------+-------------+-------------+ | | GBP | GBP | GBP | +--------------------------------+-------------+-------------+-------------+ | | | | | +--------------------------------+-------------+-------------+-------------+ | Profit/(Loss) used in | | | | | calculating basic and diluted | | | | | earnings/(loss) per share from | 1,080,198 | (222,929) | 383,102 | | continuing operations | | | | +--------------------------------+-------------+-------------+-------------+ | | | | | +--------------------------------+-------------+-------------+-------------+ | Weighted average number of | 180,844,993 | 169,165,848 | 117,922,043 | | shares in issue | | | | +--------------------------------+-------------+-------------+-------------+ Diluted loss per share has been calculated using the same figures as the basic calculation. No account has been taken of options, as these potential Ordinary Shares are not considered to be dilutive under the definitions of the applicable accounting standards. 4. Segment Result For the six months ended 31 December 2009 +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | |UK/Europe |Australasia | Rest | Total | | | | | of | | | | | | World | | +-------------------------------+-----------+-------------+-----------+-----------+ | | GBP | GBP | GBP | GBP | +-------------------------------+-----------+-------------+-----------+-----------+ | Revenue | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Sales | 390,517 | - | 370,248 | 760,765 | +-------------------------------+-----------+-------------+-----------+-----------+ | Other | | 390,095 | - | 390,095 | +-------------------------------+-----------+-------------+-----------+-----------+ | Total | 390,517 | 390,095 | 370,248 | 1,150,860 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Segment Result | 106,834 | 804,084 | 169,280 | 1,080,198 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Assets | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Property, plant & equipment | | 20,354 | - | 20,354 | +-------------------------------+-----------+-------------+-----------+-----------+ | Other | 429,611 | 1,467,836 | 1,682,642 | 3,580,089 | +-------------------------------+-----------+-------------+-----------+-----------+ | Total | 429,611 | 1,488,190 | 1,682,642 | 3,600,443 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Liabilities | 266,428 | 629,739 | 314,869 | 1,211,036 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Depreciation | 2,123 | 26,909 | - | 29,032 | +-------------------------------+-----------+-------------+-----------+-----------+ For the six months ended 31 December 2008 +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | |UK/Europe |Australasia | Rest | Total | | | | | of | | | | | | World | | +-------------------------------+-----------+-------------+-----------+-----------+ | | GBP | GBP | GBP | GBP | +-------------------------------+-----------+-------------+-----------+-----------+ | Revenue | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Sales | 354,213 | - | 550,520 | 904,733 | +-------------------------------+-----------+-------------+-----------+-----------+ | Other | 13,554 | 120,986 | - | 134,540 | +-------------------------------+-----------+-------------+-----------+-----------+ | Total | 367,767 | 120,986 | 550,520 | 1,039,273 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Segment Result | 231,101 | (708,846) | 254,816 | (222,929) | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Assets | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Property, plant & equipment | 28,561 | 80,696 | - | 109,257 | +-------------------------------+-----------+-------------+-----------+-----------+ | Other | 937,225 | 1,590,238 | 1,940,563 | 4,468,026 | +-------------------------------+-----------+-------------+-----------+-----------+ | Total | 965,786 | 1,670,934 | 1,940,563 | 4,577,283 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Liabilities | 564,726 | 396,832 | 369,419 | 1,330,977 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Depreciation | 28,560 | 8,904 | - | 37,464 | +-------------------------------+-----------+-------------+-----------+-----------+ For the year ended 30 June 2009 +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | |UK/Europe |Australasia | Rest | Total | | | | | of | | | | | | World | | +-------------------------------+-----------+-------------+-----------+-----------+ | | GBP | GBP | GBP | GBP | +-------------------------------+-----------+-------------+-----------+-----------+ | Revenue | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Sales | 503,727 | 4,366 | 1,611,291 | 2,119,384 | +-------------------------------+-----------+-------------+-----------+-----------+ | Other | 15,321 | 467,164 | 109,569 | 592,054 | +-------------------------------+-----------+-------------+-----------+-----------+ | Total | 519,048 | 471,530 | 1,720,860 | 2,711,438 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | | Segment Result | (328,379) | (728,830) | 320,633 | (736,576) | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Assets | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Property, plant & equipment | 2,123 | 41,407 | - | 43,530 | +-------------------------------+-----------+-------------+-----------+-----------+ | Other | 413,984 | 1,484,587 | 2,130,684 | 4,029,255 | +-------------------------------+-----------+-------------+-----------+-----------+ | Total | 416,107 | 1,525,994 | 2,130,684 | 4,072,785 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Liabilities | 234,097 | 669,433 | 435,154 | 1,338,684 | +-------------------------------+-----------+-------------+-----------+-----------+ | | | | | | +-------------------------------+-----------+-------------+-----------+-----------+ | Depreciation | 52,700 | 50,531 | - | 103,231 | +-------------------------------+-----------+-------------+-----------+-----------+ 5. Dividends No dividends were paid or are proposed in respect of the six months ended 31 December 2009. 6. Copies of the interim results will be available from the registered office of the Company, 7 Devonshire Square, Cutlers Gardens, London EC2M 4YH and from the Company's website www.customvis.com. For further information, please contact: +---------------------------------+---------------------------------+ | CustomVis plc | | +---------------------------------+---------------------------------+ | Simon Carroll, Chairman | +61 419 304 906 | | Paul van Saarloos, CEO | +61 410 497 456 | +---------------------------------+---------------------------------+ | | | +---------------------------------+---------------------------------+ | Merchant John East Securities Limited | +-------------------------------------------------------------------+ | David Worlidge / Simon Clements | 020 7628 2200 | +---------------------------------+---------------------------------+ | | | +---------------------------------+---------------------------------+ | Leander PR | | +---------------------------------+---------------------------------+ | Christian Taylor-Wilkinson | 07795 168 157 | +---------------------------------+---------------------------------+ This information is provided by RNS The company news service from the London Stock Exchange END IR WGURAWUPUUCU
1 Year Customvis Chart |
1 Month Customvis Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions