CNW 0.00% 6.1¢ cirrus networks holdings limited

The underlying NPAT for the HY/2017 is $190,499 This is before...

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    The underlying NPAT for the HY/2017 is $190,499
    This is before accounting for r&d credit & other 1 offs
    See below for details :-



    Column 1 Column 2 Column 3
    0 DIRECTORS' REPORT (continued) Current
    H1 FY17
    Prior Year
    H1 FY16
    1 Underlying Net Profit / (Loss) for the period
    $190,499
    ($951,997)
    2 Adjustments:
    One off non-cash expense for the reverse acquisition of Cirrus Networks Holdings
    -
    ($5,610,548)
    3 R&D Tax Offset
    $1,188,686
    -
    4 Amortisation of Intangible
    ($4,511)
    -
    5 Share based options expensed
    ($95,774)
    ($221,816)
    6 Investment in Canberra Expansion
    ($513,311)
    -
    7 FX Impact
    ($41,196)
    $1,357
    8 Net Profit / (Loss) for the consolidated entity for the period
    $724,393
    ($6,783,004)
 
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