Assets going up, cash balance going up, loss going down - So, cash strapped needing CR to expand or good budgeting containing expenses - looks like the latter to me , but I could always be wrong . Enjoy the weekend
As of 30 June 2024, the Group had a net asset balance of $15,493,611 which is an increase of $7,325,880 from $8,167,731 as of 30 June 2023. The cash balance increased from $2,003,639 as of 30 June 2023 to $3,492,197 as of 30 June 2024. For further details, refer to the Consolidated Statement of Financial Position.
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