News: KNM Kneomedia says FY revenue $459,157, page-25

It all depends on how you account for the deferred revenue.
The a/cs are as at the 3oth June,and they clearly state they have deferred income of $255,356, which they have to a/c as a current liability.
Now we know this will come in after the 30th June,so if you add it to what will be current assets on 1st July,and take it off current liabilities as at 1st July you have have current assets of $998,939 which exceeds current liabilities of $829,976.
Add to this they are now quickly approaching a very strong selling season,so I think all is well.