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9.2¢ advanced health intelligence ltd

Ann: 2022 Annual Report, page-4

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Jacktrader

4,147 Posts.

201

13/10/22

10:50

Post #: 64175554
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Originally posted by bariscan90: ↑

Missing $2,069,196 appeared from nowhere. I wonder what they were trying to hide that $2,069,196 for. That is a HUGE error to make, if you know what I mean.

'The Company refers to its unaudited Preliminary Final Report and Appendix 4E (“the Report”) for the Financial Year Ended 30 June 2022, which was released to the market pre-opening on 1 September 2022. In that Report, we reported an unaudited Net loss after tax of $20,572,729.'

'However, during the course of the subsequent Audit, it was determined that the Company had incorrectly accounted for some of its non-cash share based payments during the course of the year, which when corrected increased the Company’s audited Net loss after tax from $20,572,729 to $22,641,925 for the year ended 30 June 2022.'

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I watch this one these days.
You cannot be serious, how someone in their finance team misallocated $2m in revenue!
Suspended for incompetance the way I see it.
Blind freddy would have picked up the increase over last year wasnt backed up by actual sales ?

This one is on its way back down !

AHI Price at posting: 13.0¢ Sentiment: None Disclosure: Not Held
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