Financial Performance
| For the Year | 2022 ($) | 2021 ($) | (%) Chagne | |
|---|---|---|---|---|
| Revenue | ||||
| 1st Half | 2,919,293 | 1,641,113 | 77.9 | |
| 2nd Half | 656,214 | 3,380,421 | (80.6) | |
| Total | 3,575,507 | 5,021,534 | (28.8) | |
| Profit / (Loss) After Tax | ||||
| 1st Half | (3,451,675) | (638,682) | N.M (1) | |
| 2nd Half | (9,104,598) | (481,095) | N.M (1) | |
| Total | (12,556,273) | (1,119,777) | N.M (1) | |
| Assets, Liabilities and Equity | ||||
| Share Capital | 23,830,385 | 23,830,385 | ||
| Reserves | (2,152,986) | (2,556,773) | ||
| Accumulated losses | (24,322,165) | (11,763,202) | ||
| Total Equity attributable to owners of the Company | (2,644,766) | 9,510,410 | ||
| Borrowings | 3,089,200 | 3,403,400 | ||
| Total Asset | 7,539,021 | 19,746,186 | ||
| Net (Liabilities)/Assets | (2,699,864) | 9,452,622 | ||
| Financial Ratio | ||||
| Net (Liabilities)/Assets Value Per Share (cents) | (1.44) | 5.06 | ||
| Total Debt to Total Equity | N.M (1), (2) | 1.09 | ||
| Basic Loss Per Share | (6.71) | (0.71) | ||
| Diluted Loss Per Share | (6.71) | (0.68) | ||
Notes:
- N.M denotes not meaningful
- Not presented as the Group had a deficit in equity in FY2022.