AFROMEDIA PLC – AUDITED ACCOUNTS

I reviewed Afromedia earlier in the year after they released their Q3 Unaudited Results. At the time, I placed a red ink on their bottom line indicating a potential loss at the end of the financial year. They just released their audited accounts for financial year ended September 2012 with revenues of N1.6b. They ended up with a loss after tax of N4.4b. Their results can be found below;