Investor Presentaiton
Profit and LoSS - @ 31 December 2018
Profit and Loss overview by key activity for the Half Year ended 31 December 2018
Ranching
Activities
Head
office
Group
Total
3rd Party
Processing
Selling &
Marketing
Operating income and expenditure
Total Revenue
1,586,984
95,800
112,624
Operating Costs
(1,769,732)
(121,096)
(219,247)
(827,572)
1,795,408
(2,937,646)
Development and Construction costs
(125,505)
(125,505)
Investment in BIOMASS
(887,964)
(887,964)
R&D Refund anticipated to be received in FY2020
857,285
857,285
BIOMASS movement
3,083,513
3,083,513
Total Operating Profit
1,887,296
(25,296)
(219,247)
142,338
1,785,091
Non operating adjustments
Performance Rights
(367,330)
(367,330)
Deprecation & Amortisation
(266,866)
(3,908)
(21,526)
(292,300)
Total Non operating adjustments
(266,866)
(3,908)
(388,856)
(659,630)
Profit (Loss) before tax
1,620,430
(29,204)
(219,247)
(246,519)
1,125,461
✓ First half year profit since listing $1,125,461 compared to H1FY18 ($1,420,548).
✓ Total operating cost reductions across the business
$341,801 Dive Vessels and operating costs; ↓ $153,809 Corporate & Admin.
✓ Strong BIOMASS growth for the half year, provides ocean inventory for future sales.
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