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

Consolidated Statement of Cash Flows

v3.21.2
Consolidated Statement of Cash Flows - USD ($)
 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities      
Cash (used in)/generated from operations $ 3,948,953 $ (24,303,586) $ (2,139,679)
Movement on foreign exchange (117,673) 268,814 (27,689)
Tax received     833,301
Net cash (used in)/generated from operating activities 3,831,280 (24,034,772) (1,334,067)
Cash flows from investing activities      
Capital expenditure on property, plant and equipment (5,383) (222,654) (26,306)
Capital expenditure on intangibles (3,616,538) (9,082,456) (4,544,397)
Net cash (used in) investing activities (3,621,921) (9,305,110) (4,570,703)
Cash flows from financing activities      
Proceeds from issue of convertible loans 3,706,686 14,147,700 646,020
Proceeds from borrowing   5,041,971 1,033,632
Repayments of borrowing   (6,119,891)  
Funds acquired on reverse acquisition   107,035,478  
Net cash generated from financing activities 3,706,686 120,105,258 1,679,652
Foreign exchange on cash and cash equivalents   5,811 193,196
Net (decrease)/increase in cash and cash equivalents 3,916,045 86,765,376 (4,225,118)
Cash and cash equivalents at beginning of period 310,479 194,602 4,226,524
Cash and cash equivalents at end of period $ 4,226,524 $ 86,965,789 $ 194,602