share_log

20-F: FY2024 Annual Report

20-F: FY2024 Annual Report

20-F：2024财年年报
美股SEC公告 ·  07/19 06:07
Moomoo AI 已提取核心信息
SRIVARU Holding Limited, a Cayman Islands-based investment company with a subsidiary in India focused on manufacturing electric two-wheelers, has released its annual financial report for the fiscal year ending March 31, 2024. The company reported a net loss of $11.5 million, a significant increase from the previous year's loss of $0.7 million. Total assets stood at $1.6 million, up from $0.7 million in the prior year. The company's cash and cash equivalents increased to $175,041, while inventory decreased due to compliance with revised Automotive Industry Standards in India. SVH also entered into a Committed Equity Financing Facility agreement to purchase up to $25 million of its ordinary shares over three years. Additionally, the company has implemented a stock split and issued Earnout Shares to certain shareholders without the occurrence of Milestone Events. SVH's management concluded that its internal control over financial reporting was effective as of March 31, 2024, and there were no material changes in internal controls that could affect financial reporting.
SRIVARU Holding Limited, a Cayman Islands-based investment company with a subsidiary in India focused on manufacturing electric two-wheelers, has released its annual financial report for the fiscal year ending March 31, 2024. The company reported a net loss of $11.5 million, a significant increase from the previous year's loss of $0.7 million. Total assets stood at $1.6 million, up from $0.7 million in the prior year. The company's cash and cash equivalents increased to $175,041, while inventory decreased due to compliance with revised Automotive Industry Standards in India. SVH also entered into a Committed Equity Financing Facility agreement to purchase up to $25 million of its ordinary shares over three years. Additionally, the company has implemented a stock split and issued Earnout Shares to certain shareholders without the occurrence of Milestone Events. SVH's management concluded that its internal control over financial reporting was effective as of March 31, 2024, and there were no material changes in internal controls that could affect financial reporting.
SRIVARU Holding Limited是一家总部位于开曼群岛的投资公司，在印度拥有一家专注于制造电动两轮车的子公司。公司发布了2024年3月31日财年的年度财务报告。该公司报告净亏损1150万美元，较上年的亏损70万美元有显著增长。资产总额为160万美元，比上年的70万美元增加。公司的现金及现金等价物增加至175,041美元，而库存因遵守印度修订后的汽车行业标准而减少。SVH还签署了承诺性股权融资工具协议，以在三年内购买高达2500万美元的普通股。此外，该公司已实施了股票分拆，并向某些股东发行了奖励股份，未发生里程碑事件。SVH的管理层认为其财务报告的内部控制截至2024年3月31日已经有效，并没有影响财务报告的重大变化。
SRIVARU Holding Limited是一家总部位于开曼群岛的投资公司，在印度拥有一家专注于制造电动两轮车的子公司。公司发布了2024年3月31日财年的年度财务报告。该公司报告净亏损1150万美元，较上年的亏损70万美元有显著增长。资产总额为160万美元，比上年的70万美元增加。公司的现金及现金等价物增加至175,041美元，而库存因遵守印度修订后的汽车行业标准而减少。SVH还签署了承诺性股权融资工具协议，以在三年内购买高达2500万美元的普通股。此外，该公司已实施了股票分拆，并向某些股东发行了奖励股份，未发生里程碑事件。SVH的管理层认为其财务报告的内部控制截至2024年3月31日已经有效，并没有影响财务报告的重大变化。
有用
没用

该公告为独立文件：

独立文件1  查看翻译

独立文件2  查看翻译

独立文件3  查看翻译

独立文件4  查看翻译

独立文件5  查看翻译

独立文件6  查看翻译

独立文件7  查看翻译

独立文件8  查看翻译

独立文件9  查看翻译

独立文件10  查看翻译

声明：本内容仅用作提供资讯及教育之目的，不构成对任何特定投资或投资策略的推荐或认可。 更多信息