789 : Preliminary Final Report Jun 2021

FORM: Half yearly/preliminary final report

Name of issuer

789 HOLDINGS LIMITED

ACN or ARBN	Half yearly		Preliminary			Half year/financial	year ended
		(tick)		final (tick)			('Current period')
628 136 658							30 Jun 2021
For announcement to the market
Extracts from this statement for announcement to the market (see note 1).
										$A,000
Revenue (item 1.1)			up	35	%	to	6,189
Loss for the period (item 1.9)			down	45	%	to	(125)
Loss for the period attributable to		down	45	%	to	(125)
members of the parent (item 1.11)
Dividends				Current period	Previous corresponding period
Franking rate applicable:						-		-
Final dividend (preliminary final report only)(item 10.13-
10.14)
Amount per security						-		-
Franked amount per security					-		-
Interim dividend (Half yearly report only) (item 10.11 -
10.12)
Amount per security						-		-
Franked amount per security					-		-

Short details of any bonus or cash issue or other item(s) of importance not previously released to the market:

N/A

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Consolidated income statement (The figures are not equity accounted)

(see note 3)

(as per paragraphs 81-85 and 88-94 of AASB 101: Presentation of Financial Statements)

		Current period -	Previous
		$A'000	corresponding
			period - $A'000
1.1	Revenues (item 7.1)
6,189	4,588
1.2	Expenses, excluding finance costs (item 7.2)	(5,793)	(4,849)
1.3	Finance costs	(76)	(101)
1.4	Share of net profits (losses) of associates	-	-
	and joint ventures (item 15.7)
1.5	Profit/(Loss) before income tax	320	(362)
1.6	Income tax (expense)/refund (see note 4)	(445)	136
1.7	Loss from continuing operations	(125)	(226)
1.8	Profit (loss) from discontinued operations
-	-
	(item 13.3)
1.9	Loss for the period	(125)	(226)
1.10	Profit (loss) attributable to minority interests	-	-
1.11	Loss attributable to members of the	(125)	(226)
	parent
1.12	Basic loss per security (item 9.1)	(0.31) cents	(0.56) cents
1.13	Diluted loss per security (item 9.1)	(0.31) cents	(0.56) cents
1.14	Dividends per security (item 9.1)	-	-

Comparison of half-year profits

(Preliminary final statement only)
		Current period -	Previous
		$A'000	corresponding period
			- $A'000
2.1	Consolidated loss after tax attributable to
(262)	(202)
	members reported for the 1st half year (item

1.11 in the half yearly statement)

2.2	Consolidated profit/(loss) after tax	137	(24)
	attributable to members for the 2nd half year

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Consolidated balance sheet

(See note 5)

(as per paragraphs 68-69 of AASB 101: Financial Statement Presentation)

		Current assets	Current period -	Previous
			$A'000	corresponding period
				- $A'000
	3.1	Cash and cash equivalents
	3,719	3,080
	3.2	Trade and other receivables	1,109	2,241
	3.3	Inventories	-	-
	3.4	Current tax receivable	80	-
	3.5	Other current assets (provide details if	111	54
		material)
	3.6	Total current assets
	5,019	5,375
		Non-current assets
	3.7	Available for sale investments	-	-
	3.8	Other financial assets	-	-
	3.9	Investments in associates	-	-
	3.10	Deferred tax assets	241	321
	3.11	Exploration and evaluation expenditure	-	-
		capitalised (see para. 71 of AASB 1022 - new
		standard not yet finalised)
	3.12	Development properties (mining entities)	-	-
	3.13	Property, plant and equipment (net)	320	102
	3.14	Right of use asset	1,060	1,653
	3.15	Goodwill	-	-
	3.16	Other intangible assets	577	342
	3.17	Other (provide details if material)	108	90
	3.18	Total non-current assets
	2,306	2,508
	3.19	Total assets	7,325	7,883
		Current liabilities
	3.20	Trade and other payables	710	337
	3.21	Lease liabilities	317	371
	3.22	Current tax payable		209
	3.23	Short term provisions	96	48
	3.24	Current portion of long term borrowings	-	-
	3.25	Other current liabilities (provide details if	928	910
		material)
	3.26	Liabilities directly associated with non-current
	-	-
		assets classified as held for sale (para 38 of
		AASB 5)
	3.27	Total current liabilities
	2,051	1,875
		Non-current liabilities
				3 | P a g e

		Current period -	Previous
		$A'000	corresponding period
			- $A'000
3.28	Lease liabilities
850	1,515
3.29	Long term provisions	20	10
3.30	Other (provide details if material)	-	-
3.31	Total non-current liabilities
870	1,525
3.32	Total liabilities	2,921	3,400
3.33	Net assets	4,404	4,483
	Equity
3.34	Share capital	9,955	9,955
3.35	Other reserves	(5,190)	(5,190)
3.36	Retained earnings	(361)	(282)
	Amounts recognised directly in equity relating
	to non-current assets classified as held for
	sale
3.37	Parent interest	4,404	4,483
3.38	Minority interest	-	-
3.39	Total equity	4,404	4,483

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Consolidated statement of changes in equity

(as per paragraphs 96-97 of AASB 101: Presentation of Financial Statements)

	Current period -		Previous
	A$'000		corresponding
			period - A$'000
Revenues recognised directly in equity:
	-	-

Expenses recognised directly in equity:

-

-

4.1	Net income recognised directly in equity	-	-
4.2	(Loss)/Profit for the period
(125)	(226)
4.3	Total recognised income and expense for	(125)	(226)
	the period
	Attributable to:
4.4	Members of the parent	(125)	(226)
4.5	Minority interest	-	-
	Effect of changes in accounting policy (as per
	AASB 108: Accounting Policies, Changes in Accounting
	Estimates and Errors):
4.6	Members of the parent entity	-	-
4.7	Minority interest	-	-

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