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EDEN INNOVATIONS LTD — Interim / Quarterly Report 2021
Feb 25, 2021
64820_rns_2021-02-25_a979fd0c-ccd7-4341-9a5c-f06c6e7109e9.pdf
Interim / Quarterly Report
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ACN 109 200 900
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AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
Appendix 4D
Half Year Ending 31 December 2020
1. The current reporting period is the half year ended 31 December 2020. The previous corresponding period is the half year ended 31 December 2019.
2. Results for announcement to the market:
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----- Start of picture text ----- 31 31 % Up /December December Change Down2020 2019$000’s $000’s1,581 1,189 33.0% Up2.1 Revenue from ordinaryactivities(2,840) (4,093) 30.6% Down2.2 Loss from ordinaryactivities after tax attributableto shareholders(2,840) (4,093) 30.6% Down2.3 Loss for the half yearattributable to shareholders----- End of picture text -----
2.4 & 2.5 No dividends are proposed and no dividends were declared or paid during the current or prior period.
2.6 Revenues increased due to more EdenCrete® and OptiBlend® sales in USA and India. The loss for the half year decreased largely due to increased revenues, decreased employee costs and due to expenses mainly incurred in USD which has weakened against the AUD.
For the full review of operations please refer to the Half Year Accounts to 31 December 2020 released to market on 25 February 2021.
3. Net tangible assets per share
| 31 | December | 31 | December | |
|---|---|---|---|---|
| 2020 | 2019 | |||
| Net tangible* assetsper share | $0.0058 | $0.0072 |
***** - This does not include any value for Eden’s investment in its pyrolysis technology, EdenCrete® or Optiblend® as these are intangible assets.
Eden Innovations Ltd | Telephone +61 8 9282 5889 Level 15, 197 St George’s Terrace, Perth, Western Australia 6000, Australia | edeninnovations.com
4. Gain or loss of control over entities
Eden Innovations Ltd did not gain or lose control over any entities during the period.
5. Dividends
No dividends are proposed and no dividends were declared or paid during the current or prior period.
6. Dividend Reinvestment Plans
The Company does not have a dividend reinvestment plan.
7. Details of associates/joint ventures
The Company does not have any associates or joint ventures.
8. Foreign Entities Accounting Standards
N/A
9. Status of review of accounts
The half year report is based on accounts which have been subject to an independent review and were announced to the market on 25 February 2021. The Eden Innovations Ltd accounts are not subject to dispute or qualification. An emphasis of matter paragraph regarding going concern has been included in the review report.
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