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For the six months ended 31 December 2020, GoorooVentures Ltd revenues decreased from A$223K to A$0K. Netloss decreased 87% to A$334K. Revenues reflect a decreasein demand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsEmployee benefits expense decrease from A$888K (expense) toA$0K, Intangible assets written off decrease from A$806K(expense) to A$0K.
Period Ending: | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0.22 | 0.38 |
Gross Profit | ||||
Operating Income | -0.38 | -0.48 | -2.48 | -1.4 |
Net Income | -0.33 | -0.22 | -2.48 | -1.26 |
Period Ending: | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Total Assets | 0.74 | 0.44 | 0.38 | 1.76 |
Total Liabilities | 0.35 | 0.44 | 1.35 | 0.26 |
Total Equity | 0.39 | 0 | -0.97 | 1.5 |
Period Ending: | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.29 | -1.41 | -0.97 | -2.11 |
Cash From Investing Activities | 0 | 0.02 | -0.04 | -0.05 |
Cash From Financing Activities | 0.55 | 1.22 | 0.5 | 1.01 |
Net Change in Cash | 0.26 | -0.18 | -0.52 | -1.16 |
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