REG-Business Wire Test Account Initial admission to the Official List

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24/06/2023 08:15

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Initial admission to the Official List

 

TESTtest Testing, Inc.  Results for the Year Ended 31 December 1776

 

The directors of TESTtest Testing, Inc. announce the company’s preliminary
unaudited results for the year ended 31 December 1776. These have been
released in conjunction with the circular sent to shareholders as at the same
date of this announcement and the further announcement setting out the
Company’s intention to withdraws its securities from the FOX Exchange and
pursue preparations to return capital to shareholders by way of a solvent
liquidation.

 

The Directors of the Company take responsibility for this statement.

 

 TESTtest Testing, Inc.  Unaudited Group Statement Of Comprehensive Income

For The Year Ended 31 December 1776

 

 
                                1776         1775         
                           
    
            
            
                           
    
$           
$           
                                                          
 
                         
    
            
            
 
Revenue                  
    
2,764,596   
3,555,755   
 Cost of sales                  (1,343,856)  (2,148,269)  
                                                          
 
                              
            
            
 
Gross profit                  
1,425,245   
1,847,535   
                                                          
 
                              
            
            
 
Distribution costs            
(76,572)    
(148,466)   
 Administrative expenses        (655,271)    (1,747,879)  
 Other operating income         -            1,114        
                                                          
 
                              
            
            
 
Operating profit/(loss)       
644,897     
(95,282)    
                                                          
 
                         
    
            
            
 
Investment income        
    
94          
4,598       


 

Profit/(loss) for the financial year is all attributable to the owners of the
parent company

 

Total comprehensive income for the year is all attributable to the owners of
the parent company



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