RE: Financials26 Apr 2026 16:41
Andyfick
Due to the admin and loan expenses, Q1 will again be a big, envitable loss, save that only the gross income will be mentioned in any '25 AR 'positive spin comments' by the Meter man due end this month, which will inevitably be delayed until he thinks the warrants have been executed. The '25 AR will show a loss of around 1 million- the first 6 months of that year already showing over a 500,000 k loss,DESPITE AHUGE EFFORT (THE METER MAN'S COMMENT , NOT MINE) TO REDUCE COSTS, THE COSTS WERE STILL MORE THAN ANYTHING SOLD
Wait for the formal 6 monthy report for this year due end Aug which will include the costs and loans....not as big a loss of the year before with 60% increased elctricity generated, Which will cover the costs , but still a big loss nof around 300,000k...caused by the loan.) Based on their own figures supplied in the '25 AR; NB: NOT MINE.