Clearly from the Financial statements listed on Linius Website -it shows no revenue in Financial Year ended 30/06/2019- however from the financials submitted to the ASX it clearly shows $14,534 revenue from ordinary activities that is not interest or government grants.
https://hotcopper.com.au/threads/ann-preliminary-final-report.4939861/
Linius Technologies Limited
ABN 84 149 796 332
Appendix 4E
Preliminary Final Report
30 June 2019
Reporting period
Report for the current period is for the year ended 30 June 2019.
Prior corresponding period information is for the year ended 30 June 2018.
Results for announcement to the market
2019 2018 Increase/(decrease) over
previous corresponding period
$ $ $ %
Revenue from ordinary activities 164,254 91,142 73,112 80.2%
The financial statements have been prepared under the historical cost convention, applying the going concern basis
of accounting. The directors are confident in the continuing support from the existing shareholders and the ability
to attract new investors to fund the Group’s future finance requirements. Further details of the going concern basis
of accounting will be provided in the Group’s annual report for the year ended 30 June 2019.
NOTE 2: REVENUE
Group
2019
$
2018
$
Revenue 14,534 -
Other revenue:
Government grants 40,090 56,789
Interest received 109,630 34,353
Total revenue 164,254 91,142
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