Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 Amendments

Operating segment (Tables)

v3.21.2
Operating segment (Tables)
6 Months Ended
Jul. 31, 2021
Operating Segment  
Disclosure of Reconciliation of Segment EBITDA to Profit or Loss and Other Comprehensive Income

Management meets on a monthly basis to assess the performance of each segment. Net operating profit does not include non- operating revenue and expenses such as dividends, fair value gains and losses.

 

   

6 months to

31 July 2021

US $000’s

   

6 months to

31 July 2020

US $000’s

 
             
Adjusted EBITDA     (2,384 )     (1,188 )
Brand transition, restructure and transaction expenses     (13,317 )     (3,078 )
Finance expense     (44 )     (2,155 )
Impairment expense     (4,971 )     -  
Depreciation and amortisation     (170 )     (143 )
Unrealised foreign exchange gain     (1,487 )     1,665  
Fair value loss on Convertible Notes derivative and warrants     (10,794 )     -  
Income tax expense     (33 )     -  
Total net loss after tax     (33,200 )     (4,899 )
Disclosure of Detailed Information About Geographical Information

In presenting information on the basis of geographical segments, segment revenue is based on the geographical location of customers whereas segment assets are based on the location of the assets.

 

Revenue

 

   

6 months to

31 July 2021

US $000’s

   

6 months to

31 July 2020

US $000’s

 
             
New Zealand     -       -  
Australia     -       -  
United States     6,571       8,235  
Europe     -       -  
      6,571       8,235