Intueri's accounts tagged by auditor over going concern uncertainty

Tue, 29 Mar 2016

By Sophie Boot March 30 (BusinessDesk) - Intueri Education Group's financial statements have been tagged by its auditor over the company's ability to continue as a going concern. The private training provider posted a $48.5 million loss in calendar 2015, turning from a $4 million profit in 2014, and well below the profit of $13.8 million forecast in its prospectus released before the company's May 2014 listing. "If the group is unable to comply with its bank covenants, renegotiate banking facilities or undertake an appropriate capital...

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