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Evening Standard
Evening Standard
Business
Daniel O'Boyle

FOUND: Auditor says chip maker alphawave s profits were 7m less than previously reported | Mind Blowing Facts

Chip maker Alphawave revealed today that its profits for 2022 were $7 million (£5.6 million) lower than it had previously reported, as it released its audited accounts three weeks after the Financial Conduct Authority’s deadline.

Alphawave’s shares have been suspended since the end of April, when it said accountants at KPMG had to request more time to complete their audit of its results.

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