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For the six months ended 31 December 2021, Openn Negotiation Ltd revenues increased 28% to A$656K. Net loss increased from A$627K to A$3.3M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Employment expenses - Balancing value increase from A$636K to A$1.5M (expense), General and administration expenses - B increase from A$34K to A$775K (expense).
Period Ending: | Dec 31, 2021 | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Total Revenue | 0.66 | 0.54 | 0.51 | 0.48 |
Gross Profit | 0.52 | 0.47 | 0.46 | 0.44 |
Operating Income | -3.26 | -1.45 | -0.65 | -0.7 |
Net Income | -3.27 | -1.45 | -0.63 | -0.4 |
Period Ending: | Dec 31, 2021 | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Total Assets | 8.2 | 2.19 | 0.5 | |
Total Liabilities | 0.78 | 0.87 | 0.86 | |
Total Equity | 7.43 | 1.32 | -0.35 |
Period Ending: | Dec 31, 2021 | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -2.65 | -1.36 | -0.23 | -1.05 |
Cash From Investing Activities | -0.35 | -0.43 | -0.2 | -0.01 |
Cash From Financing Activities | 8.92 | 2 | 0.24 | 0.62 |
Net Change in Cash | 5.92 | 0.21 | -0.19 | -0.43 |
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