Overview of Live Verdure's appendix 4E adjustment

Live Verdure Ltd (ASX:LV1) has adjusted its previously released unaudited financial results for the financial year ended 30 June 2024. The adjustment includes a non-cash expense of $2,848,272 recorded in the final audited results, impacting the profit or loss and the balance of share-based payments reserve in equity. The net asset position remained unchanged.

Executive Commentary on Live Verdure's Appendix 4E Adjustment

The adjustment of the unaudited financial results for the year ended 30 June 2024 reflects our commitment to transparency and accuracy in financial reporting. The non-cash expense recorded in the final audited results has been independently valued, and we believe it is essential to provide a clear and accurate representation of our financial position to our stakeholders.

Summary of Live Verdure's Appendix 4E Adjustment

Live Verdure Ltd (ASX:LV1) has made an adjustment to its previously released unaudited financial results for the year ended 30 June 2024. The adjustment includes a non-cash expense of $2,848,272 recorded in the final audited results, impacting the profit or loss and the balance of share-based payments reserve in equity. The net asset position remained unchanged. The company remains committed to delivering growth and business-wide optimizations by leveraging cutting-edge technical applications and technology to fuel innovation through new product development, aiming to unlock rapid growth and gain a competitive edge in the plant-based food, nutraceutical, and skincare markets.