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XREALITY GROUP LTD Annual Report 2015

Aug 24, 2015

66105_rns_2015-08-24_e9abef43-d44f-4bff-a90e-37b712442e08.pdf

Annual Report

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Appendix 4E

Indoor Skydive Australia Group Limited Preliminary Final Report for the year ending 30 June 2015

Results for announcement to the market

Details of Reporting Periods

Current: 1 July 2014 to 30 June 2015 Comparative: 1 July 2013 to 30 June 2014

Financial Results June 2015
$
June 2014
$
June 2015
$
June 2014
$
Change
Total revenue
(“revenue from ordinary activities”)
6,431,444
1,212,643
530%
Net operating loss
(“loss from ordinary activities after tax attributable to (1,749,988)
(2,714,016)
36%
members”)
Total comprehensive loss for the period
(“net profit for the period attributable to members”) (1,749,988)
(2,714,016)
36%

Commentary on results

Please refer to the following Consolidated Financial Statements and notes and the Results Announcement for the year ended 30 June 2015 for further explanation of results.

Dividends June 2015 June 2014
Interim Dividend n/a n/a
Final Dividend n/a n/a
Record date for determining entitlement to dividend n/a n/a
No dividends have been paid or declared during the year.
June 2015 June 2014
Net tangible assets per share $0.25 $0.18

Financial Report

The Company's independent auditor, RSM Bird Cameron Partners, has completed its audit of the Group's 30 June 2015 Annual Report on which this report is based and has provided an unqualified Audit Report. A copy of the Indoor Skydive Australia Group Limited 2015 Annual Report and Financial Statements, inclusive of the Audit Report follows.