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:

  1. Appendix 4D - half-year report; and
  2. 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.