CAP-XX Limited
ABN 47 050 845 291
Interim report
For the half-year ended 31 December 2022
CAP-XX Limited | |
31 December 2022 | |
Interim report | |
Contents | Page |
Directors' report | 3 |
Interim financial report | 4 |
Financial statements | 5 |
Directors' declaration | 16 |
This interim financial report does not include all the notes of the type normally included in an annual financial report. Accordingly, this report is to be read in conjunction with the annual report for the year ended 31 December 2022 and any public announcements made by CAP-XX Limited during the interim reporting period in accordance with the continuous disclosure requirements of the Corporations Act 2001.
CAP-XX Limited 31 December 2022
Directors' report
Your directors present their report on the consolidated entity (referred to hereafter as the Group) consisting of CAP-XX Limited (the Company or CAP-XX) and the entities it controlled at the end of, or during, the half-year ended 31 December 2022.
Directors
The following persons were directors of CAP-XX Limited during the half-year and up to the date of this report:
Patrick Elliott | Chairman |
Bruce Grey | Non-Executive Director |
Steen Feldskov | Non-Executive Director |
Anthony Kongats | Managing Director |
Review of operations |
The Group recorded a net loss of $2,572,828 during the half-year ended 31 December 2022 (2021: loss of $1,736,448).
Significant changes in the state of affairs
None to report
Events occurring after the reporting period None to report
Unaudited Results
These results were not subject to an independent audit review.
This report is made in accordance with a resolution of the directors.
Patrick Elliott
Director
Sydney
28th February 2023
CAP-XX Limited | |
Interim financial report | |
31 December 2022 | |
Contents | Page |
Financial statements | |
Consolidated statement of profit or loss | 5 |
Consolidated statement of comprehensive income | 6 |
Consolidated statement of financial position | 7 |
Consolidated statement of changes in equity | 8 |
Consolidated statement of cash flows | 9 |
Notes to the consolidated financial statements | 10 |
Directors' declaration | 16 |
This interim financial report covers the consolidated entity consisting of CAP-XX Limited and its subsidiaries. The interim financial report is presented in the Australian currency.
CAP-XX Limited is a company limited by shares, incorporated and domiciled in Australia. Its principal place of business is:
Unit 1
13A Stanton Road Seven Hills NSW 2147 Australia
Its registered office is:
Suite 126
117 Old Pittwater Road
Brookvale NSW 2100
Australia
The interim financial report was authorised for issue by the directors on 23rd February 2022. The company has the power to amend and reissue the interim financial report.
Through the use of the internet, we have ensured that our corporate reporting is timely, complete, and available globally at minimum cost to the company. All press releases, financial reports and other information are available at our Investors' Centre on our website:www.cap-xx.com.
CAP-XX Limited
Consolidated statement of profit or loss For the half-year ended 31 December 2022
Consolidated
Notes | |||
Currency: Australian Dollars | $ | $ | |
Revenue from sale of goods and services | 3 | 1,613,684 | 2,428,416 |
Cost of sale of goods and services | (1,015,774) | (1,604,829) | |
Gross margin (loss) on sale of goods and services | |||
Other revenue | 3 | 456 | 3,120 |
Other income | 4 | 1,103,384 | 1,169,442 |
General and administrative expenses | (1,791,515) | (1,484,788) | |
Process and engineering expenses | (676,629) | (490,505) | |
Selling and marketing expenses | (407,085) | (392,564) | |
Research and development expenses | (900,223) | (729,501) | |
Share based payments | (387,326) | (435,053) | |
Other expenses | (111,800) | (200,186) | |
(Loss) before income tax | (2,572,828) | (1,736,448) | |
Income tax benefit/(expense) | - | - | |
Net loss after income tax for the half year | (2,572,828) | (1,736,448) | |
(Loss) attributable to members of CAP-XX Limited | 5 | (2,572,828) | (1,736,448) |
Loss per share attributable to the ordinary equity | |||
Cents | Cents | ||
holders of the company | |||
Basic loss per share | (0.57) | (0.35) | |
Diluted loss per share | (0.57) | (0.35) |
Half-year 2022 Half-year 2021
597,910 | 823,587 |
The above statement of profit or loss should be read in conjunction with the accompanying notes.
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Disclaimer
CAP-XX Limited published this content on 27 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 March 2023 07:47:06 UTC.