[ABC-KY] Clarification of Media Reports
Applied BioCode Corp. (ABC-KY) clarified a media report by 'Business Today' regarding its projected $25M-$26M annual revenue, stating the company does not provide financial forecasts and the figures were media speculation.
📋 Article Processing Timeline
- 📰 Published: May 14, 2026 at 09:00
- 🔍 Collected: May 16, 2026 at 08:00 (47h 0m after Published)
- 🤖 AI Analyzed: May 16, 2026 at 10:29 (2h 29m after Collected)
1. Date of occurrence of the event: 2026/05/14
2. Company name: Applied BioCode Corp.
3. Relationship to the Company (please enter "head office" or "subsidiary"): Head office
4. Reciprocal shareholding ratios: Not applicable
5. Name of the reporting media: Business Today
6. Content of the report: Applied BioCode's CFO, Huang Liang-Kai, revealed that annual revenue is expected to reach $25 million to $26 million, and the company is expected to maintain profitability for the year. As for how much profit? He stated, "That depends on the extent of expense control."
7. Cause of occurrence: The information mentioned in the report is estimated by the media itself. The company has not provided financial forecasts or forward-looking financial information. All information regarding the company shall be subject to the announcements made on the Market Observation Post System. This clarification is hereby issued.
8. Countermeasures: Issue a material message to clarify the media report.
9. Any other matters that need to be specified: None.
2. Company name: Applied BioCode Corp.
3. Relationship to the Company (please enter "head office" or "subsidiary"): Head office
4. Reciprocal shareholding ratios: Not applicable
5. Name of the reporting media: Business Today
6. Content of the report: Applied BioCode's CFO, Huang Liang-Kai, revealed that annual revenue is expected to reach $25 million to $26 million, and the company is expected to maintain profitability for the year. As for how much profit? He stated, "That depends on the extent of expense control."
7. Cause of occurrence: The information mentioned in the report is estimated by the media itself. The company has not provided financial forecasts or forward-looking financial information. All information regarding the company shall be subject to the announcements made on the Market Observation Post System. This clarification is hereby issued.
8. Countermeasures: Issue a material message to clarify the media report.
9. Any other matters that need to be specified: None.