Adslot Ltd 2011 AR2
The report outlines Webfirm Group Limited's financial and operational performance for the fiscal year ended June 30, 2011. During the year, the company focused on its Adslot division, raising over $20 million in capital and acquiring Adimise and QDC IP Technologies to build an end-to-end automated ad sales platform. The Webfirm division was restructured to focus on profitable online marketing services, resulting in a $2.5 million goodwill impairment charge. The group recorded a consolidated operating loss after tax of $10.3 million, primarily due to investments in technology and personnel to support future global expansion.
Company: Adslot Ltd
Sector: Technology & telecommunications
Country: Australia
Year: 2011
Type: AR2
Pages: 43
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Adslot Ltd
Annual Report
The report outlines Webfirm Group Limited's financial and operational performance for the fiscal year ended June 30, 2011. During the year, the company focused on its Adslot division, raising over $20 million in capital and acquiring Adimise and QDC IP Technologies to build an end-to-end automated ad sales platform. The Webfirm division was restructured to focus on profitable online marketing services, resulting in a $2.5 million goodwill impairment charge. The group recorded a consolidated operating loss after tax of $10.3 million, primarily due to investments in technology and personnel to support future global expansion.
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Document Details
Report Year
2011
Reporting Period
Jul 1, 2010 - Jun 30, 2011
Fiscal Year
2011
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management