Ktesios Announces Publication of First-Half 2026 Financial Report With Limited Review
Bitget2026/10/22 16:19- Ktesios announced Grant Thornton's limited review of consolidated interim financial statements for the six months ended June 30, 2026.
- The auditor found no matters indicating the statements failed to present fairly the group's financial position, results or cash flows.
- An emphasis-of-matter paragraph highlighted negative working capital of EUR 822,000; the review conclusion remained unmodified.
- Mitigating financing comprised a EUR 12 million long-term mortgage financing with Deutsche Bank, finalized August 19, 2026, maturing in 2041.
- The statements used the going-concern basis; the limited review did not constitute an audit or provide an audit opinion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Disciplined capital expenditure attracts market favor as Apple (AAPL.US) surpasses Nvidia (NVDA.US) to reclaim the top spot in global market capitalization
As concerns about Wall Street's massive returns on tech giants' artificial intelligence investments continue to intensify, Apple surpassed Nvidia on Friday to once again become the world's most valuable publicly traded company.

AI burning cash sparks credit risk concerns! S&P downgrades Meta (META.US) rating outlook to "negative," questioning its ability to monetize massive investments
S&P Global Ratings has revised Meta's credit rating outlook from “stable” to “negative,” citing the company's continued expansion of artificial intelligence (AI) capital expenditures, which has turned free cash flow negative. There remains uncertainty over whether these significant AI investments will generate sufficient returns in the coming years.

Prospect Ridge Raises $1.84 Million in Private Placement