Preliminary Final Report (Appendix 4E
Sydney, Feb 29, 2016 AEST (ABN Newswire) - Global anti-counterfeit and brand protection solution company YPB Group Limited (
ASX:YPB) is pleased to announce its unaudited financial results for the 12 months ended 31 December 2015 in the attached Appendix 4E.
Key points:
- Development of the world's first end to end anti-counterfeit and brand protection solution through YPB's Protect, Detect and Connect model
- Revenue up to $1.7 million (FY 2014: $0.085 million), with strong Q4
- EBITDA loss to $5.6 million (FY 2014: $4.2 million) as YPB invests in significant R&D and marketing to expoit its outstanding platform
YPB has built an outstanding end-to-end solution which is now generating global revenue. Key achievements in 2015 include:
- Accelerating global sales - YPB now generates revenues from the two largest economies in the world, USA and China. YPB's China operations have now started to generate meaningful revenues with two large supply contracts. YPB's full suite of technology is being sold in the USA to a wide and growing range of applications. With operations in USA, China, Australia, Thailand and recently Mexico, YPB has a growing, highly motivated and talented team.
- Three acquisitions - YPB completed the Protect, Detect and Connect model with three acquisitions which have now been integrated, most recently including the nTouch business which enables YPB to offer a complete "consumer connect" technology suite. nTouch is a Melbourne-based proximity marketing and consumer engagement platform that facilitates connectivity of brand owners with their consumers.
- Government - In 2015 YPB entered the Government document market with excellent initial results including, through its acquisition of IPP Thailand, the technology being supplied to millions of first world passports. The recently announced JV in Mexico with Affrymx should see further contract success in 2016 and ongoing. These sources are generating meaningful revenue and offer significant growth potential in 2016.
- R&D - 2015 saw material investment in R&D (both directly and via acquisition) to ensure that YPB is the only company in the world that is able to offer completely covert, indestructible, highly versatile and cost effective tracer technology, and at the same time provide consumer interaction technology to brand owners.
YPB expects exponential growth in earnings and revenue in 2016. YPB will continue to build on its market position by leveraging its core technology and world's first end-to-end anti-counterfeit and brand protection solution across all markets. Key drivers for YPB's growth in 2016 will come from its ability to provide a complete solution suite to governments, brands and businesses - and to connect them with consumers.
YPB's Executive Chairman John Houston commented: "YPB is well positioned to deliver strong growth in revenue and is focused on becoming cash flow positive. We have generated strong momentum over the past six months integrating the various acquisitions and are now well positioned to commercialise all YPB's capabilities."
To view the report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-YPB-909815.pdf
About YPB Group Ltd
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