Interim Results
APPLIED TECHNOLOGY MONITORING PLC
("ATM" or the "Company")
The directors of ATM present the consolidated financial results for the
first half-year to 30 June 2008. These results have not been audited,
but have been reviewed by the Company's auditors, RMT. A Circular will
be sent to shareholders by the Company this week, which will contain
further information on the Company's current trading and future plans.
A copy of this Circular will be posted on the PLUS website at
www.plusmarketsgroup.com in accordance with the PLUS Rules and on ATM's
website at www.lookc.co.uk.
Peter Phillips, FCA,
Financial Director,
Newcastle-upon-Tyne,
30 September 2008
APPLIED TECHNOLOGY MONITORING PLC
CONSOLIDATED PROFIT AND LOSS ACCOUNT
FOR THE SIX MONTHS ENDED 30 JUNE 2008
6 MONTHS 9 MONTHS
ENDED ENDED
30 JUNE 31 DEC
2008 2007
UNAUDITED AUDITED
GBP GBP
TURNOVER 164,545 351,607
Cost of sales (85,968) (165,507)
GROSS PROFIT 78,577 186,100
Other operating charges (282,266) (472,319)
OPERATING LOSS (203,689) (286,219)
Interest receivable and similar income 26 980
Interest payable and similar charges (22,702) (36,215)
LOSS ON ORDINARY ACTIVITIES
BEFORE TAXATION (226,365) (321,454)
Tax on loss on ordinary activities 0 19,007
RETAINED LOSS ON ORDINARY ACTIVITIES
FOR THE PERIOD (226,365) (302,447)
BASIC LOSS PER SHARE (PENCE) (1.48) (2.31)
CONSOLIDATED BALANCE SHEET
AS AT 30 JUNE 2008
FIXED ASSETS
Tangible assets 2 2
CURRENT ASSETS
Stocks 82,926 98,482
Debtors 110,650 113,872
Cash at bank and in hand 7,949 24,960
201,525 237,314
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR (411,338) (214,437)
6% Convertible Loan Stock 0 0
NET CURRENT ASSETS (LIABILITIES) (209,813) 22,877
TOTAL ASSETS LESS CURRENT LIABILITIES (209,811) 22,879
CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR
9% Convertible Loan Stock (350,000) (350,000)
Bank Loan (53,762) (60,087)
(613,573) (387,208)
CAPITAL AND RESERVES
Called up share capital 1,529,047 1,529,047
Other reserves 16,245 16,245
Share premium account 1,292,166 1,292,166
Profit and loss account (3,451,031) (3,224,666)
EQUITY SHAREHOLDERS' FUNDS (613,573) (387,208)
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Enquiries:
P. Phillips, FCA
Unit 3C
The Waterfront
Newburn Riverside
Newcastle upon-Tyne, NE15 8NY
Tel: +44 (0) 191 229 5720;
G. Atthill-Beck
Religãre Hichens, Harrison plc
Tel. (mob): +44 (0) 791 863 1716