Final Results and Notice of AGM

RNS Number : 0684D

Anemoi International Ltd

24 June 2021

 

24 June 2021

This announcement contains inside information as defined in Article 7 of the Market Abuse Regulation 596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

Anemoi International Ltd

(Reuters: AMOI.L, Bloomberg: AMOI:LN)

("Anemoi" or the "Company")

Final Results for the period 6 May 2020 to 31 December 2020 and Notice of AGM

Further to the announcement released by the Company on 29 April 2021, the Board of Anemoi is pleased to announce that its final audited results for the period 6 May 2020 to 31 December 2020, Notice of Annual General Meeting and Form of Proxy have been published and are now available on the Company's website at www.anemoi-international.com .

The principal elements of the Final Results are reproduced below:

INCOMESTATEMENT
fortheperiodended31December2020
	2020 GBP
Continuing Operations
Revenue	-
Costofsales	-
Grossprofit /(loss)	-
Administrativeexpensesexcludingexceptionalcosts	(102,747)
Exceptionaladministrationcosts	(88,817)
Totaladministrativeexpenses	(191,564)
Operating loss	(191,564)
Netfinancialincome/(expense)	(3,733)
Profit/(loss)beforetaxation	(195,297)
Taxation	-
Profit/(loss)fortheperiod	(195,297)
Earnings per share - GBP (using weighted average number of shares)
BasicandDiluted-ContinuingOperations	(0.01)
Basic and Diluted	(0.01)

STATEMENTOFCOMPREHENSIVEINCOME
fortheperiodended31December2020	2020 GBP
Profitforthefinancialyear	(195,297)
Other comprehensive income:
Exchangedifferencesonre-translatingforeignoperations	9,390
Total comprehensive income	(185,907)
Attributable to:
Equityshareholdersoftheparent	(185,907)
Non-Controllinginterest	-
Total Comprehensive income	(185,907)

STATEMENTOFFINANCIALPOSITION asat31December2020
Assets	2020 GBP
Currentassets
Cashandcashequivalents	878,642
Totalcurrentassets	878,642
LiabilitiesCurrentliabilities
Tradeandotherpayables	21,101
Total current liabilities	21,101
Netcurrentassets	857,541
Non-currentliabilities
Longtermdebt	164,263
Totalnon-currentliabilities	164,263
Netassets	693,278
Shareholders'Equity
Sharecapital	804,855
Otherreserves-warrantoptions	74,330
Foreignexchangereserve	9,390
Retainedearnings	(195,297)
Totalshareholders'equity	693,278
Totalequity	693,278

CASHFLOWSTATEMENT
fortheperiodended31December2020
	2020 GBP
Cash flowsfromoperatingactivities
Profit/(Loss) fortheperiod beforetaxation	(191,564)
Increaseintradeandotherpayables	21,101
Cash generated by operations	(170,463)
Cashflowsfromfinancingactivities
InterestPaid	(2,357)
Issueofordinarysharecapital	879,185
Parentcompanyloanissuance/(repayment)	164,263
Net cashflowfromfinancingactivities-continuingoperations	1,041,091
Net increase in cash and cash equivalents	870,628
Cashandcashequivalentsatthestartoftheperiod	-
Effectsofforeignexchangeratechanges	8,014
Cash and cash equivalents at the end of the period	878,642

STATEMENT OF CHANGES IN  EQUITY

for the period ended 31 December 2020

Attributable   to owners of the Company

			Foreign		Total
	Share	Other	Exchange	Retained	Shareholders
	Capital	Reserves	Reserves	Earnings	Equity
Opening Balance	£ -	£ -	£ -	£ -	£ -
IssuanceofShareCapital	879,185	-	-	-	879,185
OtherReserves-WarrantOptions	(74,330)	74,330	-	-	-
Totalcomprehensiveincomefortheperiod	-	-	9,390	(195,297)	(185,907)
Balance as at 31 December 2020	804,855	74,330	9,390	(195,297)	693,278

ACCOUNTING POLICIES

The Company prepares its accounts in accordance with applicable International Financial Reporting Standards ("IFRS") as adopted by the European Union.

END

For further information, please contact:

Enquiries:
Anemoi International Ltd
Duncan Soukup (Chairman)	[phone]

 

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