Kondor AI PLC Annual Results
29 Février 2024 - 8:00AM
RNS Regulatory News
RNS Number : 8688E
Kondor AI PLC
29 February 2024
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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END
NEXPPUCWPUPCPUR
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