Financial Performance
| For the Year | 2019 ($) | 2020 ($) | (%) Chagne |
|---|---|---|---|
| Revenue | |||
| 1st Half | 740,774 | 677,825 | (8.5%) |
| 2nd Half | 263,784 | 789,735 | 199.4% |
| Total | 1,004,558 | 1,467,560 | 46.1% |
| Profit / (Loss) After Tax | |||
| 1st Half | (5,685,553) | (378,674) | (93.3%) |
| 2nd Half | 2,007,317 | (530,715) | Not meaningful |
| Total | (3,678,236) | (909,389) | (75.3%) |
| Equity | |||
| Share Capital | 9,499,017 | 9,499,017 | |
| Reserves | (2,621,264) | (2,621,264) | |
| Accumulated losses | (9,817,924) | (10,656,842) | |
| Total Equity attributable to owners of the Company | (2,940,171) | (3,779,089) | |
| Borrowings | 1,748,222 | 1,200,0001 | |
| Total Asset | 2,883,877 | 634,525 | |
| Net Assets/ (Liabilities) | (2,914,071) | (3,823,460) | |
| Financial Ratio | |||
| Basic and fully diluted basis (LPS) (cents)2 | (2.96) | (0.69) | |
| Net Assets/ (Liabilities) Value Per Share (cents) | (2.41) | (3.16) | |
| Total Debt to Total Equity | Not meaningful | Not meaningful | |
Notes:
- Shareholders’ loan of S$700,000 granted in FY2019 and S$500,000 granted in FY2020
- The Company does not have potential dilutive instruments.