Attention all stakeholders of EduFocal Limited (LEARN)! Exciting updates are in store as we announce a shift in our financial reporting practices for the upcoming year. In line with the regulations set by the Jamaica Stock Exchange Junior Market Rules, we are implementing changes to ensure timely and transparent financial disclosures.
Here are the key points to note regarding our new financial reporting schedule:
- For the fourth quarter ending December 31, 2024, EduFocal Limited will submit unaudited financial statements within 45 days of the quarter end. This move towards more frequent reporting aims to provide stakeholders with up-to-date information on our financial performance.
- Subsequently, annual audited financial statements will be submitted within 90 days of the financial year end. This step enhances accountability and promotes trust among investors and partners.
The decision to revise our reporting timeline comes as part of our commitment to compliance and best practices. By adhering to Part 4(1)(a)(ii) of Appendix 2 of the JSE Junior Market Rules, we are aligning our operations with industry standards and regulatory requirements.
In conclusion, EduFocal Limited values transparency and integrity in all our dealings. We believe that this revised financial reporting schedule will strengthen trust and confidence in our company. We look forward to your continued support as we strive for excellence in our operations. Thank you for being a part of our journey towards success.
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