Micropolis Holding Files 2024 Report, Receives Going Concern Audit

Micropolis Holding Company, a UAE-based specialist in unmanned ground vehicles and AI-driven security solutions, disclosed that its audited financial statements for the fiscal year ended December 31, 2024, included an audit opinion with a going concern explanation. This opinion indicates substantial doubt about the company's ability to continue operations under its current financial conditions, highlighting significant potential financial instability or liquidity issues. Despite this, there have been no changes or amendments to the company's financial statements or its 2024 Annual Report, which was filed with the U.S. Securities and Exchange Commission in May 2025. The going concern disclosure is a regulatory requirement under the NYSE American LLC Company Guide and serves to inform investors about the risks and challenges the company faces in maintaining operations. Micropolis emphasizes that forward-looking statements in its communications reflect ongoing uncertainties and risks related to market conditions and the company's financial position. Stakeholders are advised to consider these factors carefully when assessing the company's outlook and stock performance.