GINSMS Announces Audited Financial Results for the Twelve-Month Period Ended December 31, 2020
March 26 2021 - 4:00PM
GINSMS Inc. (TSXV: GOK) (the “Corporation” or “GINSMS”) is pleased
to announce that its audited financial statements for the
twelve-month period ended December 31, 2020 have been filed today
on SEDAR and are available at www.sedar.com.
On February 11, 2021, GINSMS had disclosed
through the issuance of a press release unaudited financial results
for the three-month and the twelve-month periods ended December 31,
2020 and provided financial forecasts for the 2021 financial year.
This financial disclosure was done in advance of today’s filing of
the audited financial statements of the Corporation to allow
GINSMS’ ultimate holding company, Beat Holdings Limited (“BHL”), a
public company in Japan, to use certain of GINSMS’ financial
information in the preparation of BHL’s financial statements.
GINSMS’ financial information for the
twelve-month period ended December 31, 2020 was prepared in
accordance with International Financial Reporting Standards
(“IFRS”) as issued by the International Accounting Standards Board
(“IASB”).
GINSMS is pleased to report that there is no
significant change between the audited financial statements filed
today and the unaudited financial information it disclosed earlier
on February 11, 2021, except for the following amendments:
(1) |
Amendment of the profit / (loss) per share – basic (In Canadian
cents) from (0.002) cents to (0.001) cents for the twelve months
ended December 31, 2020. The loss per share – basic (In Canadian
cents) for the three months ended December 31, 2020 remained
unchanged. |
|
|
(2) |
Amendment of the profit / (loss)
per share – diluted (In Canadian cents) from N/A cents to 0.06
cents for the three months ended December 31, 2020. The profit /
(loss) per share – diluted (In Canadian cents) for the twelve
months ended December 31, 2020 remained unchanged. |
|
|
(3) |
Amendment of the unallocated
segment liabilities and total segment liabilities from $2,319,958
and $7,437,216 to $2,319,955 and $7,437,213 as at December 31, 2020
respectively. |
About GINSMS
GINSMS is a mobile technology and services
company focusing on 2 areas namely its A2P Messaging Service and
its Software Products and Services. GINSMS operates a cloud-based
A2P messaging service that allows the termination of SMS to mobile
subscribers of more than 200 mobile operators globally. GINSMS also
develops and distribute innovative software products and services
for mobile operators and enterprises and have successfully deployed
more than 100 solutions worldwide. GINSMS has offices in China,
Singapore, Hong Kong, Malaysia and Indonesia.
For further information, please contact:
GINSMS Inc.Joel Chin, CEOTel: +65-6441-1029Email:
investor.relations@ginsms.com
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REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE
POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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