Ann: Half Yearly Report and Accounts, page-4

One paragraph from page 15 says it all:

”Going concern:

The financial statements have been prepared on a going concern basis.The Directors note that the Group has continued to incur operating losses as it establishes its business model throughout various markets, performs internal restructuring, and improves the conversion rate of its order pipeline.The group incurred an operating loss after tax for the half-year of $1,712,000, had net cash outflows from operating activities of $1,351,000 and a deficiency of current assets over current liabilities of $3,551,000.

As at 30 June 2020, the Group has cash and cash equivalents of $526,000”.

F*&K me....can it get much worse before this house of cards collapses?