Audited financial statements 30 June 2020

Summary by 6ix AI

The report highlights a significant loss after tax, attributed to various factors including operational costs and impairment losses. The balance sheet indicates total assets and liabilities, revealing a concerning gap between current liabilities and current assets, raising doubts about the company's ability to continue as a going concern. The financial statements have been prepared in accordance with New Zealand accounting standards and include comprehensive notes on the company's financial practices and uncertainties.

Written by 6ix AI from the company’s filing. How 6ix writes summaries