Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Cash generated from operations (Tables)

v3.22.2.2
Cash generated from operations (Tables)
12 Months Ended
Sep. 30, 2022
Cash generated from operations  
Summary of cash generated from operations

    

2022

    

2021

    

2020

 

$'000

$'000

 

$'000

Profit/(loss) before tax

 

65,075

(271,729)

 

(1,137)

Adjustments for:

 

  

  

 

Depreciation

 

1,292

53

 

5

Change in trade and other receivables

 

(17,949)

(6,132)

 

(173)

Change in trade and other payables

 

5,586

(1,290)

 

(1,285)

Share option charge

 

22,915

166

 

122

Finance income

 

 

(65)

Interest payable

 

221

1,078

 

393

Change in fair value of warrants

(117,394)

98,090

Payment of interest portion of lease liabilities

(197)

IFRS 2 adjustment relating to reverse acquisition

155,460

Cash (used in)/generated from operations

 

(40,451)

(24,304)

 

(2,140)

Reconciliation of net cashflow to movements in net debt:

 

  

  

 

Opening net cash/(debt)

 

86,966

(5,265)

 

929

Convertible facilities received

 

(14,148)

 

(1,680)

Borrowings received

(5,042)

Net interest charge

(100)

(332)

Facilities converted

18,864

Repayment of borrowings

6,120

Movement in cash

 

(28,975)

86,765

 

(4,225)

Movement on foreign exchange

(9,025)

(228)

43

Movement in net cash/ (debt)

 

(38,000)

92,231

 

(6,194)

Closing net cash/(debt)

 

48,966

86,966

 

(5,265)

Composition of closing net cash/(debt)

 

 

Cash

 

48,966

86,966

 

195

Bank loans

(1,034)

Convertible loans

 

 

(4,426)

Net cash/(debt)

 

48,966

86,966

 

(5,265)