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Share Capital (Tables)
12 Months Ended
Jan. 31, 2020
Disclosure of classes of share capital [abstract]  
Disclosure of Detailed Information About Share Capital

    31 January 2020
NZ$000’s
   

31 January 2019

NZ$000’s

 
4,697,204 (2019: 296,409) Ordinary shares     170,193       134,183  

Disclosure of Detailed Information About Ordinary Shares Explanatory

  (a) Ordinary shares

 

    For the Year
Ended
31 January 2020
NZ$000’s
   

For the Year
Ended
31 January 2019

NZ$000’s

 
At the beginning of the reporting period     134,183       68,727  
Issuance of new shares                
- Cash collected     12,586       23,248  
- Settle shareholder loan     -       12,242  
- Shares issued in lieu of consultancy fee     -       692  
- Shares issued in lieu of inventory payment     15, 525       4,047  
- Shares issued in lieu of related party loan     1,546       -  
Convertible note conversion     5,979       4,159  
Warrants issued     374       -  
Business combination with Naked Brand Group Inc.     -       14,196  
Asset acquisition of FOH Online Inc.     -       6,872  
At the end of the reporting period     170,193       134,183  

Disclosure of Detailed Information About Gearing Ratio

The gearing ratio for the years ended 31 January 2020 and 31 January 2019 are as follows:

 

    Note     31 January 2020
NZ$000’s
   

31 January 2019

NZ$000’s

 
Total borrowings     20       38,913       20,967  
Less Cash and cash equivalents     12       (3,791 )     (1,962 )
Net debt             35,122       19,005  
Equity             (6,284 )     10,519  
Total capital             28,838       29,524  
Gearing ratio             122 %     64 %

 

Disclosure of Detailed Information About Warrants Outstanding

The following warrants were outstanding as at 31 January 2020 (31 January 2019: 49,000*).

 

Average Exercise Price (USD)   Issue Date     Expiry Date     No. of warrants  
      Mar-19       Mar-23       14,000  
      Mar-19       Mar-24       3,921  
$0.01 - $0.50     Apr-19       Apr-22       500  
      May-19       May-21       10,000  
      Jul-19       May-25       170,100  
      Aug-19       Feb-25       285,714  
      Aug-19       Aug-24       22,857  
$0.50 - $1.00     Mar-19       Mar-21       42,280  
$1.50 - $2.00     Nov-17       Nov-21       2,000  
      Oct-18       Oct-21       20,000  
                         
      Dec-17       Dec-20       10,660  
      Apr-18       Apr-20       5,140  
$2.01 - $4.00     May-18       Mar-20       2,030  
      Jun-18       Jun-20       3,430  
      Jun-18       Jun-23       8,000  
                         
      Mar-19       Jun-20       6,670  
$4.01+     May-18       May-21       2,820  
                         
Total number of outstanding warrants as at 31 January 2020                     610,122  

 

* On 20 December 2019 the company executed a 1-100 reverse share split reducing the number of warrants. The reverse split has also been reflected in the prior year number of warrants outstanding.