DEL 4.88% 3.9¢ delorean corporation limited

This comment from the auditor in the annual report should give...

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    This comment from the auditor in the annual report should give everyone alot of comfort!!!!!!.....(not)

    Material Uncertainty Related to Going Concern
    We draw attention to Note 1 in the financial report, which indicates that the Consolidated Entity incurred a loss of
    $10,018,805 and had net cash outflows from operating activities and investing activities of $5,359,491 and
    $1,438,276, respectively, for the year ended 30 June 2023. As at 30 June 2023, the Consolidated Entity had net
    current liabilities of $10,411,286. As stated in Note 1, these events or conditions, along with other matters as set
    forth in Note 1, indicate that a material uncertainty exists that may cast significant doubt on the Consolidated
    Entity's ability to continue as a going concern. Our opinion is not modified in respect of this matter.
 
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