Last A$0.23 AUD
Change Today -0.01 / -4.17%
Volume 249.6K
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applabs technologies ltd (ALA) Snapshot

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52 Week High
10/30/13 - A$0.45
52 Week Low
05/12/14 - A$0.14
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applabs technologies ltd (ALA) Details

Applabs Technologies Limited designs and develops mobile applications, known as Apps in Australia. It develops and finances Apps for Iphone, Ipad, and Android applications. The company was formerly known as AACL Holdings Limited and changed its name to Applabs Technologies Limited in December 2013. Applabs Technologies Limited was founded in 1997 and is based in Subiaco, Australia.

Founded in 1997

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applabs technologies ltd (ALA) Key Developments

Applabs Technologies Limited Announces the Establishment of Applabs Technologies LLC in the United States of America

Applabs Technologies Limited announced the establishment of Applabs Technologies LLC, a Delaware company in the United States of America, a 100% wholly owned subsidiary of Applabs Technologies Ltd. The need to establish a USA based LLC arose following the recently announced partnership agreement with one of Silicon Valley's most prominent investors, Archimedes Labs. The incorporation of Applabs Technologies LLC will allow for a very cost effective and efficient vehicle to invest into any potential opportunities and fully complies with the corporate regulations of the United States of America.

Applabs Technologies Ltd Enters into Contract with Positiv Flo Pty Ltd to Develop New Product

Applabs Technologies Ltd. announced that it has entered into a contract with Positiv Flo Pty Ltd. to develop a innovative new product to transform the health and fitness industry named "Positiv Flo". The contract entered into will see Applabs develop an iPhone App, Android App and a mobile optimised web application for Positiv Flo Pty Ltd,. The contract value is for $115,000 plus GST and it is anticipated that the project will be completed over the next four to five months, with work to begin immediately.

Applabs Technologies Limited Announces Consolidated Earnings Results for the Half-Year Ended December 31, 2013

Applabs Technologies Limited announced consolidated earnings results for the half-year ended December 31, 2013. For the period, loss before income tax was AUD 499,777 compared to AUD 2,592,925 for the same period a year ago. Loss from continuing operations was AUD 499,777 or 0.51 cents basic and diluted loss per share against AUD 2,592,925 or 57.6 cents basic and diluted loss per share for the same period a year ago. Net loss for the period attributable to the members of the entity was AUD 526,965 or 0.54 cents basic and diluted loss per share against net profit for the period attributable to the members of the entity of AUD 5,433,423 or 120.6 cents basic and diluted earnings per earnings per share for the same period a year ago. Net cash used in operating activities was AUD 813,531 against net cash provided by operating activities of AUD 10,261,465 for the same period a year ago. Purchase of property, plant and equipment was AUD 19,806 against AUD 14,929 for the same period a year ago. Acquisition of Intangibles was AUD 26,043.


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