Story of this company from the day it was formed!
Tomorrow never comes!
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NZX being ‘charitable’ in only fining them $25k plus costs …might have gone broke if more
http://nzx-prod-s7fsd7f98s.s3-websit...249/410407.pdf
CEO gone
https://www.nzx.com/announcements/426689
Truscreen Group Limited (NZX/ASX:TRU) announces that for personal reasons, CEO, Dr. Beata Edling has resigned effective immediately and will assist in the transition to an interim CEO in the coming weeks. Beata has personal commitments to family in Poland and will be available to assist TruScreen on a consulting basis to further the business in Poland and central Europe.
https://www.nzx.com/announcements/432065
TruScreen FY24 Preliminary Results
(all numbers in New Zealand Dollars)
Highlights
• SUS unit sales up 25% on prior year and device sales to distributors in line with prior year
• Major breakthrough in China with two peak organisations including TruScreen in their cervical cancer screening guidelines - China Obstetrics and Gynecology Association (COGA) Blue Paper and endorsement from the Chinese Society for Colposcopy and Cervical Pathology (CSCCP)
• Commercial operations commenced in Saudi Arabia and further progress in Zimbabwe
• In Vietnam TruScreen achieved inclusion on the Vietnamese Ministry Of Health (MOH) approved Technical List
• In Mexico the national regulator, Cofepris approved TruScreen access to the public health sector
• Developing new market opportunities in Uzbekistan, Indonesia, and Africa
• Successful capital raise and appointment of new Chief Executive Officer
• Improved Operations metrics.
o Sales up by 27%, led by SUS consumable sales increase of 25%.
o Operating loss reduced by 15%
o Cash outflow reduced by 9%