Yooma Wellness Inc. Announces Filing of Annual Financial Statements for Globalive Technology Inc. - Seite 2

SELECTED ANNUAL FINANCIAL HIGHLIGHTS

Key financial characteristics for GTI as at the end of the Reporting Period and the prior period were:

		December 31, 2020		December 31, 2019
Cash		5,885,826		8,860,276
Working capital**		5,449,849		8,775,386
Total Assets		19,315,245		24,205,551
Total Liabilities		435,978		152,807
Change in unrealized gain (loss) from investments		(2,137,999	)	(8,690,745	)
Net income (loss) before taxes for the period		(6,145,527	)	(14,093,683	)
Deferred tax recovery (expense)		-		-
Net income (loss) from discontinued operations (attributable to equity holders of the company)		-		(485,245	)
Net income (loss) and comprehensive income (loss) attributable to the shareholders of the Company		(6,145,527	)	(14,578,928	)

* Note that “working capital” does not have any standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies. Working capital consists of current assets minus current investments minus current liabilities plus promissory notes. Working capital excludes any digital assets and investments. Working capital should not be considered in isolation or as an alternative or substitute to measures prepared in accordance with IFRS (such as Net and Comprehensive Income).