Current liabilities = $16.58M and current assets = $2.26M -> a shortfall of $14M
NTA = ($185K) with a dubious $2.5M transfer to non current assets (refer note 14)
Still have $2M in contingent liabilities
Revenue less than overhead expenses (again)
Every division making a loss (again)
It will be a brave auditor that signs this off as a going concern.
News: VMG VDM Group posts FY net loss of $3.2 mln, page-4
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