ColorTV discloses material business risks and removes its presentation of a non-IFRS profit measure following ASIC review
ASIC reviewed ColorTV Limited’s (ColorTV) financial report for the year ended 31 December 2021 and raised concerns about ColorTV’s lack of disclosure of material business risks in their operating and financial review (OFR) and the presentation of ‘EBITDA Operating profit/(loss)’ as a non-IFRS profit measure in their profit and loss statement. On 30 August 2022, …
