Moz Accounting 101

Have to pinch myself to read some of these optimistic posts. Not always positivity in the world right now, but there's always sunshine for Moz.

Fact

Last financial year, Moz posted a loss (before income tax benefit) of $212 170 000.

Fact

Moz full year report revealed net assets....Note the brackets ($80 309 000)

Fact

Moz announced in June that they changed auditors.

Fact

The Preliminary Final Report actually contained a separate section titled "material uncertainty related to going concern."

Fact

The Annual Report will require sign off as 'a going concern' in the future.

Fact

The global pandemic has continued well into the first quarter of the financial year. As is customary, no accounts have been released for this period.