AJ LUCAS GROUP LIMITED — Earnings Release 2021

Aug 26, 2021

APPENDIX 4E - RESULTS FOR ANNOUNCEMENT TO MARKET

FOR THE YEAR ENDED 30 JUNE 2021

Name of entity

AJ LUCAS GROUP LIMITED

ACN 060 309 104

ACN 060 309 104
	Jun-21 Jun-20(2)
Change	$A’000 $A’000
Revenue
Revenues from continuing operations Decrease of 24.3% to	111,086 146,746
Results from continuing operations
Reported EBITDA(1) Decrease of 8.2% to	20,856 22,721
Profit before interest and tax Decrease of 5.2% to	14,566 15,371
Profit / (Loss) for the period attributable to members Improvement of 137.7% to	3,339 (8,867)
NTA Backing	Jun-21 Jun-20
Net tangible asset backing per ordinary security (centsper share)	7.1 6.1
Dividends	Amount per security Franked amount per security
Total dividend - current year	0.0¢ N/A
-previousyear	0.0¢ N/A

(1) Reported EBITDA refers to earnings before net financing costs, depreciation and amortisation, impairments and tax expense.

(2) The Group reclassified an amount of $1.34 million in UK research and development credits previously recorded as a benefit in other expenses to income tax benefit in the comparative period to align with current year accounting. This reclassification resulted in a decrease in Reported EBITDA, and an increase in income tax benefit. There is no change to Net profit / loss as a result of this reclassification.

Audit

Additional information supporting the Appendix 4E disclosure requirements can be found in the Annual Report which contains the Directors’ Report and the 30 June 2021 Financial Statements and accompanying notes. This report is based on the consolidated financial statements for the year 30 June 2021 which have been audited.