Dear Shareholder,
On behalf of the Directors of Integrated Payment Technologies Limited (the Company or IP1 one) we are pleased to announce the results for the Company for the year ended 30 June 2018.
The NPBT for the year ended 30 June 2018 was a loss of $ 3,087,152 (2017 loss $2,900,944).
The EBITD after including the non-cash share option costs was a loss of $756,924 (2017 loss $946,004).
Patents
We have patents in China, Japan, Singapore, Hong Kong, South Africa and New Zealand; and patents pending in USA, Canada and Australia where we have patent protection up to the time they are allowed/disallowed.
Business Model
Our business uses the patented process of linking data to payments; with all of our services, ClickSuper, Payment Adviser and PayVu sharing and re-using software components to deliver services to their respective markets.
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