How does Spreds calculate the financial figures in the KIIS?
For each campaign, Spreds uses the issuer’s latest approved annual accounts as the basis for all financial figures shown in the KIIS. The main indicators and formulas can be found in the following document:
in Part A (key information on the issuer and its business), and
in section (e) of each crowdfunding campaign (financial information related to the offer).
Where possible, the figures can be checked against the issuer’s statutory annual accounts (or, when available, the full accounts rather than abbreviated models) filed with the relevant authority or register.