News and Announcements
YPB Group Ltd FY15 Company Update
- Published January 29, 2015 2:36PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
YPB shares up 50% since IPO in August 2014. Acquired Brand Reporter and opened USA Office. Loyalty Option scheme (one for four shares held) closed heavily oversubscribed. Signed A$16m projected revenue deal with China’s largest ink supplier. Signed Distribution deal for Indonesia and India.
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ABOUT YPB GROUP
YPB means “Excellent Brand Protection” in Chinese. By 2015 the Global Counterfeit market will beUS$1.7 Trillion, and US$14bn (growing at 20% pa) will be spent on Anti-counterfeit technologies per annum in Asia. YPB is the only Company licensed by CTAAC in China that sells invisible tracer solutions.
YPB’s patented tracer is Invisible, Indestructible and Inexpensive and our recurring revenue model generatesup to 90% gross margin on sales.
YPB has signed 9 contracts in China and is generating revenues on sales on tracer products and scanners in such areas as food packaging, textiles, electrical equipment, cigarette packaging, security printing and has appointed a European distributor.
YPB has a strong well established management team in China, headed by serial entrepreneur John Houston (CEO and Executive Chairman), who is joined on the Board by Beijing based Dr. Geoff Raby (ex Australian Ambassador to China and sits on Forteseque and Macquarie Boards), George Su (originally from Beijing now Australian resident who headed the establishment of CITIC Securities in Australia) and Robert Whitton,experienced ASX Independent Board member and Company Secretary, a partner at William Buck and Company.