1、 ANNUAL REPORT Year Ended 30 June 2020 Total Brain Limited Appendix 4E Preliminary final report 1.Company details Name of entity:Total Brain Limited ABN:24 094 069 682 Reporting period:For the year ended 30 June 2020 Previous period:For the year ended 30 June 2019 2.Results for announcement to the m
2、arket The Group has adopted Accounting Standard AASB 16 Leases for the year ended 30 June 2020 using the modified retrospective approach and as such the comparatives have not been restated.$Revenues from ordinary activities up 48.4%to 3,892,257 Loss from ordinary activities after tax attributable to
3、 the owners of Total Brain Limited down 10.8%to (7,647,544)Loss for the year attributable to the owners of Total Brain Limited down 10.8%to (7,647,544)Dividends There were no dividends paid,recommended or declared during the current financial period.Comments The loss for the Group after providing fo
4、r income tax amounted to$7,647,544(30 June 2019:$8,570,754).AASB 16 Leases had no impact on the current year.As at 30 June 2020,there were no right-of-use assets and no lease liabilities.The Coronavirus(COVID-19)pandemic has not only severely impacted the physical health of people around the world,b
5、ut also led to an unprecedented increase in stress,fear,and anxiety for the population at large making mental health an urgent priority to all.In this regard,the Group is mobilised to take advantage of the opportunities that this pandemic has created globally,thus the impact of COVID-19 up to 30 Jun
6、e 2020 has been financially positive for the Group.Further information on the Review of operations is detailed in the Operating and financial review section which is part of the Annual Report.3.Net tangible assets Reporting period Previous period Cents Cents Net tangible assets per ordinary security