Yangaroo Announces Q3'2023 Results
Yangaroo Announces Q3'2023 Results
Fourth Consecutive Quarterly Positive Normalized EBITDA
连续第四个季度正常化息税折旧摊销前利润为正
Toronto, Ontario--(Newsfile Corp. - November 29, 2023) - YANGAROO Inc. (TSXV: YOO) (OTC Pink: YOOIF) ("Yangaroo", "Company"), a software leader in media asset workflow and distribution solutions, today announced its financial results for the third quarter ended September 30, 2023. The full text of the Financial Statements and Management Discussion & Analysis is available at and at . Please note that all currency in this press release is denominated in United States dollars, unless otherwise noted.
安大略省多伦多--（Newsfile Corp.，2023 年 11 月 29 日）-YANGAROO Inc.（多伦多证券交易所股票代码：YOO）（场外交易链接：YOOIF）（”Yangaroo“，”公司“）是媒体资产工作流程和分发解决方案领域的软件领导者，今天公布了截至2023年9月30日的第三季度财务业绩。财务报表和管理层讨论与分析的全文可在以下网址获得：请注意，除非另有说明，否则本新闻稿中的所有货币均以美元计价。
Yangaroo is pleased to announce that during the third quarter of 2023 the Company realized significant improvements with respect to operating income and cash-flow generation, as compared to losses incurred in prior periods. These improvements are largely attributable to a modest increase in sales volumes combined with stringent cost controls across the business.
Yangaroo高兴地宣布，与前一时期的亏损相比，在2023年第三季度，公司在营业收入和现金流产生方面实现了显著改善。这些改善主要归因于销量的适度增长以及整个业务中严格的成本控制。
Historically, the Company's Q3 is a seasonally slow period. During the period, Advertising Division revenue remained flat year-over-year. The Awards Division results were behind compared to this time in the prior year, which is attributed to the timing of the award shows. The Music Division revenue continues to remain down year-over-year, which is mainly due to fewer audio and music video deliveries by our major record label clients.
从历史上看，该公司的第三季度是一个季节性缓慢的时期。在此期间，广告部门的收入同比保持平稳。与去年同期相比，奖项部门的业绩落后，这归因于颁奖晚会的时机。音乐部门的收入继续同比下降，这主要是由于我们的主要唱片公司客户交付的音频和音乐视频减少了。
-
Advertising Division
Revenue of $1,054,157 in Q3'23 versus revenue of $1,065,204 in Q3'22
-
Entertainment Group (Music & Awards Divisions)
Revenue of $654,774 in Q3'23 versus revenue of $667,936 in Q3'22
-
Operating Expenses and Normalized EBITDA
The Company completed additional head-count reductions in the first half of the year and resulted in current quarter salary expenses of $1,097,390 or a savings of $236,108 versus the third quarter of 2023.
General and administrative expenses continued to decline with savings of $109,682 versus the third quarter of 2023 resulting from continued efforts to reduce over-head expenditures.
The Company generated $247,900 of normalized EBITDA in Q3'23 vs $2,205 in Q3'22.
Fourth consecutive quarter of significant Normalized EBITDA; the Company has now generated $247,900 of Normalized EBITDA in Q3'23, $526,202 of Normalized EBITDA in Q2'23, $116,143 of Normalized EBITDA in Q1'23 and $833,974 of Normalized EBITDA in Q4'22.
-
广告部
23年第三季度的收入为1,054,157美元，而2022年第三季度的收入为1,065,204美元
-
娱乐集团（音乐与奖项部门）
23年第三季度的收入为654,774美元，而2022年第三季度的收入为667,936美元
-
运营费用和标准化息税折旧摊销前利润
该公司在上半年完成了进一步裁员，使本季度的薪资支出为1,097,390美元，与2023年第三季度相比节省了236,108美元。
由于持续努力减少管理支出，一般和管理费用继续下降，与2023年第三季度相比节省了109,682美元。
该公司在23年第三季度创造了247,900美元的正常息税折旧摊销前利润，而2022年第三季度的正常息税折旧摊销前利润为2,205美元。
连续第四个季度实现可观的正常化息税折旧摊销前利润；该公司现在在23年第三季度创造了247,900美元的正常化息税折旧摊销前利润，在23年第二季度创造了526,2022美元的正常化息税折旧摊销前利润，在23年第一季度产生了116,143美元的正常化息税折旧摊销前利润，在22年第四季度创造了833,974美元的正常化息税折旧摊销前利润。
Grant Schuetrumpf, CEO of Yangaroo, stated, "We're pleased to provide consecutive and sequential quarters of Normalized EBITDA generation, primarily derived from stabilizing our operations whilst maintaining services for our valued clients. We are now focused on growth opportunities organically and through our continual interest in M&A. We continue to manage modest advancements in business development and sales opportunities compared to prior years and are hopeful some of the larger business development prospects will start to convert.
Yangaroo首席执行官Grant Schuetrumpf表示：“我们很高兴连续几个季度实现正常化息税折旧摊销前利润，这主要来自于稳定我们的业务，同时维持对我们尊贵客户的服务。现在，我们通过对并购的持续关注，将重点放在有机增长机会上。与往年相比，我们在业务发展和销售机会方面继续取得适度的进步，并希望一些更大的业务发展前景能够开始转变。
"On November 9, 2023, Yangaroo announced an asset purchase transaction with Millenia 3 Communications, Inc., Millenia3 has been a trusted partner to major global entertainment companies, media agencies, and consumer brands, providing tailor-made ad operations services, including media and traffic management, which will continue into the foreseeable future. This expansion extends Yangaroo's advertising service capabilities with premium multi-year contracted clients and will further utilize Yangaroo's technology to streamline the Millenia 3 service offering.
“2023年11月9日，Yangaroo宣布与Millenia 3 Communications, Inc.进行资产购买交易，Millenia3一直是全球主要娱乐公司、媒体机构和消费品牌值得信赖的合作伙伴，提供量身定制的广告运营服务，包括媒体和流量管理，这种服务将持续到可预见的将来。此次扩张将Yangaroo的广告服务能力扩展到多年期优质合同客户，并将进一步利用Yangaroo的技术来简化Millenia 3的服务。
"The advertising division managed a modest increase in the volume of clients while seeking opportunities to expand current client's use of services. Our ancillary production services, including short-form versioning for the Direct Response customers, and long-form digitization, continues to bring in new project-based opportunities. Our closed captioning and analytics complete a full-service offering to the market where we are integrating Millenia 3 clients use of the workflows and technology. Innovation is always a priority, and with our development team, we continue improving the DMDS platform to streamline business-to-business workflows whilst expanding our platform capabilities for improved self-serve use. In particular, we have focused on our TV Traffic Instruction workflow and improved our TV Legal Clearance offering, connecting the required broadcasters across North America. Our advertising platform is becoming a one-stop solution for managing advertising logistics across linear and digital destinations.
“广告部门在寻求机会扩大现有客户对服务的使用范围的同时，设法使客户数量略有增加。我们的辅助制作服务，包括为 Direct Response 客户提供的简短版本控制和长篇数字化，继续带来新的基于项目的机会。我们的隐藏字幕和分析为市场提供了全方位的服务，我们正在整合Millenia 3客户对工作流程和技术的使用。创新始终是当务之急，通过我们的开发团队，我们将继续改进DMDS平台，以简化企业对企业的工作流程，同时扩展我们的平台功能以改善自助服务的使用。特别是，我们专注于电视交通指导工作流程，改进了电视法律许可服务，连接了北美各地所需的广播公司。我们的广告平台正在成为管理线性和数字目的地广告物流的一站式解决方案。
"Our music promotion service has stabilized on the earlier 2023 quarterly reports of reduced orders, and we are actively seeking new growth opportunities. The Award Shows services remain consistent and to budget expectations as we move clients to the V3 platform, opening our capabilities to new clients in 2024.
“根据2023年早些时候的订单减少季度报告，我们的音乐推广服务已经稳定下来，我们正在积极寻找新的增长机会。该奖项表明，在我们将客户转移到V3平台的过程中，服务将保持一致并符合预算预期，从而在2024年向新客户开放我们的能力。
"These results reflect our dedication to continuous improvement and strategic adaptation to the current market conditions. We are confident in our ability to navigate challenges and capitalize on opportunities as we work towards achieving our long-term goals."
“这些结果反映了我们致力于持续改进和战略调整以适应当前市场状况。我们对自己在努力实现长期目标的过程中应对挑战和抓住机遇的能力充满信心。”
Q3'2023 Financial Highlights
2023 年第三季度财务摘要
-
Revenue in Q3'2023 was $1,708,931 compared to $2,172,530 and $1,733,140 in the second quarter of 2023 and the third quarter of 2022, respectively.
Revenue decreased by $463,599 or 21% versus Q2'2023. The decrease in revenue was due to decreased Advertising revenue of $529,652 or 50%, offset by increased Music and Awards revenue of $66,053 or 10%. The increase in Advertising revenue is attributed to a decrease in revenue recognized from one of the Company's existing customers. The increase in Awards revenue is primarily attributed to cyclicality in our customer's award show schedules which typically peak in the summer periods.
Revenue decreased by $24,209 or 1% versus Q3'2022. The decrease in revenue is the result of decreased Advertising revenue of $11,047 or 1% and a decline in Awards and Music revenue of $13,162 or 2%.
-
Operating expenses in Q3'2023 were $1,696,777 compared to $1,905,839 and $1,987,591 in the second quarter of 2023 and the third quarter of 2022, respectively.
Operating expenses decreased by $209,662 or 12% versus Q2'2023. The decrease in operating expenses is primarily attributed a lower head count in the current quarter compared to the previous quarter.
Operating expenses decreased by $290,814 or 17% versus Q2'2022. The decrease in operating expenses is primarily attributed to a reduction of employee headcount earlier in the year in addition to the reversal of previously recorded bad debts.
-
Normalized EBITDA in Q3'2023 was $247,900 in comparison to normalized EBITDA of $526,202 in the second quarter of 2023 and normalized EBITDA of $2,205 in the third quarter of 2022.
Normalized EBITDA decreased by $278,302 compared to Q2'2023. The decrease is primarily attributed to a decrease in revenue, partially offset by reductions in the Company's operating expenses, as discussed in further detail above.
Normalized EBITDA increased by $245,695 compared to Q3'2022. The increase is primarily attributed to significantly lower operating expenses, primarily attributed to reduced salaries, general and administrative costs and restructuring expenses, as discussed in further detail above.
-
2023年第三季度的收入为1,708,931美元，而2023年第二季度和2022年第三季度的收入分别为2,172,530美元和1,733,140美元。
与2023年第二季度相比，收入下降了463,599美元，下降了21％。收入下降是由于广告收入减少了529,652美元，下降了50％，但被音乐和奖项收入增加的66,053美元或10％所抵消。广告收入的增加归因于公司现有客户确认的收入减少。奖项收入的增加主要归因于我们客户的颁奖晚会日程的周期性，该时间表通常在夏季达到高峰。
与2022年第三季度相比，收入下降了24,209美元，下降了1％。收入下降是由于广告收入减少了11,047美元，下降了1％，奖项和音乐收入下降了13,162美元，下降了2％。
-
2023年第三季度的运营支出为1,696,777美元，而2023年第二季度和2022年第三季度的运营支出分别为1,905,839美元和1,987,591美元。
与2023年第二季度相比，运营费用减少了209,662美元，下降了12％。运营费用减少的主要原因是与上一季度相比，本季度的员工人数减少。
与2022年第二季度相比，运营费用减少了290,814美元，下降了17％。运营支出的减少主要归因于今年早些时候裁减了员工人数，此外还逆转了先前记录的坏账。
-
2023年第三季度的正常息税折旧摊销前利润为247,900美元，而2023年第二季度的正常息税折旧摊销前利润为526,2022美元，2022年第三季度的正常息税折旧摊销前利润为2,205美元。
与2023年第二季度相比，正常化息税折旧摊销前利润减少了278,302美元。下降主要归因于收入的减少，但部分被公司运营费用的减少所抵消，如上文进一步详细讨论的那样。
与2022年第三季度相比，正常化息税折旧摊销前利润增加了245,695美元。增长的主要原因是运营费用大幅降低，主要是由于工资、一般和管理费用以及重组费用减少，详情见上文。
Financial Highlights
财务要闻
| Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | |||||||||
| Cash and cash equivalents | $ |
254,720 |
$ | 284,178 |
$ | 204,604 |
$ | 296,748 | ||||
| Working capital | $ | (115,884) | $ | (94,749) | $ | (224,819) | $ | 217,710 | ||||
| Liquidity | $ |
975,794 |
$ | 552,960 |
$ | 781,378 |
$ | 737,680 |
||||
| |
|
|
||||||||||
| Revenue | $ |
1,708,931 |
$ | 2,172,530 |
$ | 1,845,253 |
$ | 2,097,353 | ||||
| Operating expenses | $ |
1,696,777 |
$ | 1,905,839 |
$ | 2,100,123 |
$ | 1,426,919 | ||||
| Other expenses (income) | $ |
20,217 |
$ | 230,473 |
$ | 109,749 |
$ | 148,123 | ||||
| Income (loss) for the period | $ | (8,063) | $ | 36,218 |
$ | (364,619) | $ | 522,311 | ||||
| Income (loss) per share - basic | $ | (0.00) | $ | 0.00 |
$ | (0.01) | $ | 0.01 | ||||
| Income (loss) per share - diluted | $ | (0.00) | $ | 0.00 |
$ | (0.01) | $ | 0.01 | ||||
| |
|
|
||||||||||
| EBITDA | $ |
304,210 |
$ | 368,740 |
$ | (13,324) | $ | 816,075 | ||||
| EBITDA Margin % |
17.80% |
16.97% |
-0.72% |
38.91% | ||||||||
| Normalized EBITDA (loss) | $ |
247,900 |
$ | 526,202 |
$ | 116,143 |
$ | 833,974 | ||||
| Normalized EBITDA Margin % |
14.51% |
24.22% |
6.29% |
39.76% | ||||||||
| |
|
|
|
|||||||||
| |
|
|
|
|||||||||
|
Q3 2022 |
Q2 2022 |
Q1 2022 |
Q4 2021 | |||||||||
| Cash and cash equivalents | $ | 346,744 |
$ | 607,289 |
$ | 783,159 |
$ | 768,251 | ||||
| Working capital | $ | (1,701,222) | $ | (1,517,889) | $ | (1,649,976) | $ | 911,861 | ||||
| Liquidity | $ | 639,320 |
$ | 1,033,533 |
$ | 1,862,483 |
$ | 2,148,594 | ||||
| |
|
|
||||||||||
| Revenue | $ | 1,733,140 |
$ | 1,915,307 |
$ | 1,989,042 |
$ | 2,305,594 | ||||
| Operating expenses | $ | 1,987,591 |
$ | 2,259,186 |
$ | 2,492,222 |
$ | 2,611,535 | ||||
| Other expenses (income) | $ | (109,995) | $ | (2,133,145) | $ | 94,395 |
$ | 24,783 | ||||
| Income (loss) for the period | $ | (144,456) | $ | 1,789,266 |
$ | (597,575) | $ | (330,724) | ||||
| Income (loss) per share - basic | $ | (0.00) | $ | 0.03 |
$ | (0.01) | $ | (0.01) | ||||
| Income (loss) per share - diluted | $ | (0.00) | $ | 0.03 |
$ | (0.01) | $ | (0.01) | ||||
| |
|
|
||||||||||
| EBITDA | $ | 108,087 |
$ | 2,047,149 |
$ | (340,172) | $ | (99,125) | ||||
| EBITDA Margin % | 6.24% |
106.88% |
-17.10% |
-4.30% | ||||||||
| Normalized EBITDA (loss) | $ | 2,205 |
$ | (42,766) | $ | (259,847) | $ | (164,899) | ||||
| Normalized EBITDA Margin % | 0.13% |
-2.23% |
-13.06% |
-7.15% |
| 2023 年第三季度 | 2023 年第二季度 | 2023年第一季度 | 2022 年第四季度 | |||||||||
| 现金和现金等价物 | $ |
254,720 |
$ | 284,178 |
$ | 204,604 |
$ | 296,748 | ||||
| 营运资金 | $ | (115,884) | $ | (94,749) | $ | (224,819) | $ | 217,710 | ||||
| 流动性 | $ |
975,794 |
$ | 552,960 |
$ | 781,378 |
$ | 737,680 |
||||
| |
|
|
||||||||||
| 收入 | $ |
1,708,931 |
$ | 2,172,530 |
$ | 1,845,253 |
$ | 2,097,353 | ||||
| 运营费用 | $ |
1,696,777 |
$ | 1,905,839 |
$ | 2,100,123 |
$ | 1,426,919 | ||||
| 其他费用（收入） | $ |
20,217 |
$ | 230,473 |
$ | 109,749 |
$ | 148,123 | ||||
| 该期间的收入（亏损） | $ | (8,063) | $ | 36,218 |
$ | (364,619) | $ | 522,311 | ||||
| 每股收益（亏损）——基本 | $ | (0.00) | $ | 0.00 |
$ | (0.01) | $ | 0.01 | ||||
| 每股收益（亏损）——摊薄 | $ | (0.00) | $ | 0.00 |
$ | (0.01) | $ | 0.01 | ||||
| |
|
|
||||||||||
| EBITDA | $ |
304,210 |
$ | 368,740 |
$ | (13,324) | $ | 816,075 | ||||
| 息税折旧摊销前利润率% |
17.80% |
16.97% |
-0.72% |
38.91% | ||||||||
| 正常化息税折旧摊销前利润（亏损） | $ |
247,900 |
$ | 526,202 |
$ | 116,143 |
$ | 833,974 | ||||
| 标准化息税折旧摊销前利润率百分比 |
14.51% |
24.22% |
6.29% |
39.76% | ||||||||
| |
|
|
|
|||||||||
| |
|
|
|
|||||||||
|
2022 年第三季度 |
2022 年第二季度 |
2022年第一季度 |
2021 年第四季度 | |||||||||
| 现金和现金等价物 | $ | 346,744 |
$ | 607,289 |
$ | 783,159 |
$ | 768,251 | ||||
| 营运资金 | $ | (1,701,222) | $ | (1,517,889) | $ | (1,649,976) | $ | 911,861 | ||||
| 流动性 | $ | 639,320 |
$ | 1,033,533 |
$ | 1,862,483 |
$ | 2,148,594 | ||||
| |
|
|
||||||||||
| 收入 | $ | 1,733,140 |
$ | 1,915,307 |
$ | 1,989,042 |
$ | 2,305,594 | ||||
| 运营费用 | $ | 1,987,591 |
$ | 2,259,186 |
$ | 2,492,222 |
$ | 2,611,535 | ||||
| 其他费用（收入） | $ | (109,995) | $ | (2,133,145) | $ | 94,395 |
$ | 24,783 | ||||
| 该期间的收入（亏损） | $ | (144,456) | $ | 1,789,266 |
$ | (597,575) | $ | (330,724) | ||||
| 每股收益（亏损）——基本 | $ | (0.00) | $ | 0.03 |
$ | (0.01) | $ | (0.01) | ||||
| 每股收益（亏损）——摊薄 | $ | (0.00) | $ | 0.03 |
$ | (0.01) | $ | (0.01) | ||||
| |
|
|
||||||||||
| EBITDA | $ | 108,087 |
$ | 2,047,149 |
$ | (340,172) | $ | (99,125) | ||||
| 息税折旧摊销前利润率% | 6.24% |
106.88% |
-17.10% |
-4.30% | ||||||||
| 正常化息税折旧摊销前利润（亏损） | $ | 2,205 |
$ | (42,766) | $ | (259,847) | $ | (164,899) | ||||
| 标准化息税折旧摊销前利润率百分比 | 0.13% |
-2.23% |
-13.06% |
-7.15% |
About YANGAROO
关于 YANGAROO
Yangaroo is a technology provider in the media and entertainment industry, offering a cloud-based software platform for the management and distribution of digital media content. Yangaroo's Digital Media Distribution System ("DMDS") platform is a patented cloud-based platform that provides customers with a centralised and fully integrated workflow directly connecting radio and television broadcasters, digital display networks, and video publishers for centralised digital asset management, delivery and promotion. DMDS is used across the advertising, music, and entertainment awards show markets.
Yangaroo是媒体和娱乐行业的技术提供商，为管理和分发数字媒体内容提供基于云的软件平台。Yangaroo的数字媒体分发系统（“DMDS”）平台是一个获得专利的基于云的平台，可为客户提供集中且完全集成的工作流程，直接连接广播电视广播公司、数字显示网络和视频发行商，以进行集中式数字资产管理、交付和推广。DMDS 用于广告、音乐和娱乐颁奖晚会市场。
YANGAROO Inc. is a publicly listed company incorporated on July 28, 1999 under the laws of Ontario as Musicrypt.com Inc. and changed to its present name on July 17, 2007. YANGAROO trades on the TSX Venture Exchange ("TSX-V") under the symbol YOO and in the U.S. under OTCPK: YOOIF.
YANGAROO Inc. 是一家上市公司，根据安大略省法律于1999年7月28日注册成立，名为Musicrypt.com Inc.，并于2007年7月17日更名为现在的名称。YANGAROO在多伦多证券交易所风险交易所（“TSX-V”）上市，股票代码为YOO，在美国以OTCPK：YOOIF进行交易。
The address of the Company's corporate office and principal place of business is 360 Dufferin Street, Suite 203, Toronto, Ontario, M6K 3G1.
公司办公室和主要营业地点的地址是安大略省多伦多市达弗林街360号203号套房M6K 3G1。
# # #
# #
For YANGAROO Investor Inquiries:
Grant Schuetrumpf
Ph: (416) 534 0607
grant.schuetrumpf@yangaroo.com
如需咨询 YANGAROO 投资者：
格兰特·舒特鲁姆普夫
电话：(416) 534 0607
grant.schuetrumpf@yangaroo.com
Neither the TSX Venture Exchange nor Its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the accuracy of this release.
多伦多证券交易所风险交易所及其监管服务提供商（该术语在多伦多证券交易所风险交易所的政策中定义）均不对本新闻稿的准确性承担责任。
Cautionary Note Regarding Forward-looking Statements
关于前瞻性陈述的警示说明
This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as "forward-looking statements") within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "anticipate", "achieve", "could", "believe", "plan", "intend", "objective", "continuous", "ongoing", "estimate", "outlook", "expect", "may", "will", "project", "should" or similar words, including negatives thereof, suggesting future outcomes.
本新闻稿包含适用的加拿大证券法所指的某些前瞻性陈述和前瞻性信息（此处统称为 “前瞻性陈述”）。除当前或历史事实陈述外，所有陈述均为前瞻性陈述。前瞻性陈述通常但并非总是通过使用诸如 “预期”、“实现”、“可以”、“相信”、“计划”、“打算”、“目标”、“持续”、“持续”、“估计”、“展望”、“预期”、“可能”、“将”、“应该” 或类似词语来识别，包括其负面信息，暗示未来结果。
Forward looking statements are subject to both known and unknown risks, uncertainties and other factors, many of which are beyond the control of YANGAROO, that may cause the actual results, level of activity, performance or achievements of YANGAROO to be materially different from those expressed or implied by such forward looking statements, including but not limited to: the use of proceeds of the offering, receipt of all necessary approvals of the offering, general business, economic, competitive, political and social uncertainties; negotiation uncertainties and other risks of the technology industry. Although YANGAROO has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
前瞻性陈述受已知和未知风险、不确定性和其他因素的影响，其中许多因素是YANGAROO无法控制的，这些因素可能导致YANGAROO的实际业绩、活动水平、业绩或成就与此类前瞻性陈述所表达或暗示的存在重大差异，包括但不限于：发行收益的使用、发行的所有必要批准的收到、一般业务、经济、竞争、政治和社会不确定性；谈判的不确定性和科技行业的其他风险。尽管YANGAROO试图确定可能导致实际业绩与前瞻性陈述中包含的结果存在重大差异的重要因素，但可能还有其他因素导致业绩不如预期、估计或预期。
Forward-looking statements are not a guarantee of future performance and involve a number of risks and uncertainties, some of which are described herein. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause YANGAROO's actual performance and results to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Any forward-looking statements are made as of the date hereof and, except as required by law, neither YANGAROO assumes no obligation to publicly update or revise such statements to reflect new information, subsequent or otherwise.
前瞻性陈述不能保证未来的表现，涉及许多风险和不确定性，其中一些将在本文中介绍。此类前瞻性陈述必然涉及已知和未知的风险和不确定性，这可能导致YANGAROO的实际表现和业绩与此类前瞻性陈述所表达或暗示的对未来业绩或结果的任何预测存在重大差异。任何前瞻性陈述均截至本文发布之日作出，除非法律要求，否则YANGAROO均没有义务公开更新或修改此类陈述以反映后续或其他方面的新信息。
To view the source version of this press release, please visit
要查看本新闻稿的源版本，请访问