Plexure is confident it will eventually receive payment from Belarus and Ukraine

Plexure CEO Dan Houden told shareholders 2023 profit guidance may be "understated". (Photo: BusinessDesk)

Tue, 20 Sep 2022

Plexure’s chief financial officer told shareholders at the company's annual meeting he was confident that payments for $7.2 million in outstanding invoices would be made. In its 2022 financial results, the company reported a net loss of $24m, which included a $300,000 deduction for “doubtful debts in relation to two markets impacted by the war in Ukraine”.The financial accounts showed a significant increase in accounts receivable which more than doubled to $7.3m, up from $3m in 2021. A New Zealand Shareholders As...

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