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Adalan Ventures Faces Going Concern Uncertainty in Latest Audit

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Adalan Ventures Faces Going Concern Uncertainty in Latest Audit

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Zaim Credit Systems Plc ( (GB:ZAIM) ) has shared an announcement.

Adalan Ventures Plc has released its audited annual results for the year ending December 31, 2023. The audit report highlights a material uncertainty regarding the company’s ability to continue as a going concern, citing the need for short-term working capital funding and additional funds for future ventures. The auditors have confirmed that the financial statements give a true and fair view of the company’s financial position, but emphasize the significance of the going concern issue, which may impact stakeholders and the company’s future operations.

More about Zaim Credit Systems Plc

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £2.31M

See more data about ZAIM stock on TipRanks’ Stock Analysis page.

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