Nyrada Inc Annual Report 2020

Annual Report FY20 25 Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 30 June 2020 Consolidated 2020 2019 Notes $ $ Revenue Other income 3 50,000 19,359 R&D grant revenue 1,075,414 486,338 Total Revenue 1,125,414 505,697 Expenses Employee benefits expense (1,342,993) (1,398,142) Depreciation and amortisation expense (1,484) (1,406) Administration expenses (571,862) (148,038) Professional services expenses (1,005,316) (753,193) Travelling expenses (13,361) (57,397) Research and development costs (1,399,999) (1,041,201) Share based payments (2,204,324) (503,333) Other expenses (219,387) (47,218) Finance costs (140,355) (650,899) Loss before income tax expense (5,773,667) (4,095,130) Income tax expense 15 - Loss after income tax expense for the year attributable to owners of Nyrada Inc (5,773,667) (4,095,130) Other comprehensive income, net of income tax - - Total comprehensive loss for the year attributable to the owners of Nyrada Inc. (5,773,667) (4,095,130) Loss per share: Basic and diluted 23 (0.09) (0.14) The above statement of profit or loss and other comprehensive income should be read in conjunction with the accompanying notes.