For personal use only
23 February 2022
Release of RooLife Group Ltd's financial results for the half-year ended 31 December 2021
e-Commerce and digital marketing company RooLife Group Ltd (ASX: RLG) ("RooLife Group" or the "Company") provides the following for release:
- Appendix 4D - half-year report; and
- Half-yearfinancial report for the half-year ended 31 December 2021 including the Directors' Report.
ENDS
Issued by: RooLife Group Ltd
Authorised by: The Board of RooLife Group Ltd
For further information, please visit the RooLife website at www.roolifegroup.com.auor contact:
Bryan Carr | Peter Nesveda | ||||
Managing Director | Corporate Affairs & International Investor Relations | ||||
Ph: +61 8 6444 1702 | Ph: +61 412 357 375 | ||||
Email: ir@roolifegroup.com.au | peter@intuitiveaustralia.com.au | ||||
For personal use only
RooLife Group Ltd
Appendix 4D
Half-year report
for the half-year ended 31 December 2021
Name of entity: | RooLife Group Ltd | |||||
ACN: | 613 410 398 | |||||
Current Reporting Period | Half-Year ended 31 December 2021 | |||||
Previous Reporting Period | Half-Year ended 31 December 2020 | |||||
Results for announcement to the market. | ||||||
Item 1 | ||||||
6 months | 6 months | Increase/ | % | |||
ended | ended | (Decrease) | Change | |||
31 Dec 2021 | 31 Dec 2020 | |||||
Operating Performance | $ | $ | $ | |||
Revenue from ordinary activities | 8,105,062 | 2,007,225 | 6,097,857 | 304% | ||
Loss from continuing activities after income tax | (865,304) | (1,476,595) | 611,291 | 41% | ||
Net loss for the half year attributable to members | (865,304) | (1,476,595) | 611,291 | 41% |
Commentary on results for the period
Commentary on the above figures is included in the attached Interim Financial Report for the half year ended 31 December 2021.
Item 2
Dividends
It is not proposed to pay dividends. There are no dividend or distribution reinvestment plans in operation and there has been no dividend or distribution payments during the financial half-year ended 31 December 2021.
For personal use only
Item 3
31 Dec 2021 | 31 Dec 2020 | |
Net Tangible Assets | $ | $ |
Net tangible assets per security | $0.007 | $0.009 |
Item 4
Control gained or lost over entities during the period
During the half-year period, the Group incorporated a 100% owned subsidiary, Remedy Drinks China Pty Ltd. The Company was incorporated on the 5th of August 2021.
Item 5
Ownership interest as at | ||
31 Dec 2021 | 31 Dec 2020 | |
Controlled entities and joint ventures | % | % |
Parent entity: | ||
RooLife Group Ltd | ||
Controlled entities: | ||
OpenDNA (UK) Ltd | 100 | 100 |
OpenDNA (Singapore) Pte Ltd | 100 | 100 |
CHOOSE Digital Pty Ltd | 100 | 100 |
RooLife Pty Ltd | 100 | 100 |
RooLife (HK) Ltd | 100 | 100 |
RooLife China | 100 | 100 |
Blackglass Pty Ltd | 100 | 100 |
QBID Holdings Pty Ltd | 100 | 100 |
Qualis Holdings Pty Ltd | 100 | 100 |
QBID Pty Ltd | 100 | 100 |
Qualis Pty Ltd | 100 | 100 |
Kiwi Health Pty Ltd | 100 | 100 |
Remedy Drinks China Pty Ltd | 100 | - |
Item 6
Accounting Standards
The condensed interim consolidated financial statements (the interim financial statements) are general purpose interim financial statements and have been have prepared in accordance with the requirements of the Corporations Act 2001, applicable accounting standards including AASB 134 Interim Financial Reporting, Accounting Interpretations and other authoritative pronouncements of the Australian Accounting Standards Board ('AASB'). Compliance with AASB 134 ensures compliance with IAS 34 'Interim Financial Reporting'.
Item 7
Auditor's review report
The accompanying interim financial report has been reviewed by HLB Mann Judd. A signed copy of the review report is included in the interim financial report.
For personal use only
RooLife Group Ltd
ABN 14 613 410 398
Interim Report
31 December 2021
For personal use only
Contents | |
Directors' report ...................................................................................................................................................... | 1 |
Auditor's independence declaration ....................................................................................................................... | 4 |
Condensed consolidated statement of profit or loss and other comprehensive income........................................ | 5 |
Condensed consolidated statement of financial position ....................................................................................... | 6 |
Condensed consolidated statement of changes in equity ...................................................................................... | 7 |
Condensed consolidated statement of cash flows ................................................................................................. | 8 |
Notes to the condensed consolidated financial statements ................................................................................... | 9 |
Directors' declaration ............................................................................................................................................ | 21 |
Independent auditor's review report ..................................................................................................................... | 22 |
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Roolife Group Ltd. published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2022 21:09:57 UTC.