CETTIRE LIMITED — Earnings Release 2021

Aug 30, 2021

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Cettire Limited Appendix 4E Preliminary final report

1. Company details

Name of entity Cettire Limited Reporting period For the year ended 30 June 2021 Previous period For the year ended 30 June 2020

2. Results for announcement to the market

$'000s	30 June 2021	30 June 2020	Up/Down	Change %
Revenue from ordinary activities	$92,409	$22,856	Up	304%
Net profit after tax from ordinary activities	$(251)	$1,532	Down	(116)%
attributable to members
Net profit after tax attributable to members	$(251)	$1,532	Down	(116)%

Comments

Refer to the directors’ report within the Annual Report for further commentary on the performance of Cettire Limited.

Initial Public Offering (“IPO”) and corporate re-organisation

Cettire Limited was incorporated on 29 October 2020. During the period, Cettire Limited undertook an initial public offering (“IPO”) under a prospectus (“Prospectus”) lodged with ASIC on 27 November 2020.

On 27 November 2020, a corporate re-organisation in which Cettire Limited became the legal parent of Ark Technologies Pty Ltd and its subsidiaries (the ‘Pre-Existing Group’), was effected. The directors have accounted for the re-organisation as a capital re-organisation. Accordingly, the Consolidated Financial Statements have been prepared on a continuation basis as if Cettire Limited has always controlled the businesses comprising the Pre-Existing Group. The comparative financial information presented in the Consolidated Financial Statements represents that of the Pre-Existing Group. This ensures consistency of presentation with historical and forecast financial information contained in the Prospectus.

Dividends

No dividends were declared or paid for the year ended 30 June 2021 (30 June 2020: $Nil), with the exception that, as set out in the Prospectus, an unfranked dividend of $3,305,000 was paid to the sole shareholder prior to the corporate re-organisation and IPO.

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Cettire Limited – ACN 645 474 166

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3. Net tangible assets

	Reporting period	Previous period
	Cents	Cents
Net tangible assets per ordinary security	7.9	(0.6)

The calculation of net tangible assets per ordinary security is based on the statement of financial position and the closing number of shares for 30 June 2021. The number of shares used for the 30 June 2020 comparator was 301,238,220.

4. Control gained over entities

Refer to the description of the corporate re-organisation in paragraph 2 above.

5. Loss of control over entities

Not applicable.

6. Dividends

Refer to the description of the pre-IPO dividend in paragraph 2 above.

7. Dividend reinvestment plans

Not applicable.

8. Details of associates and joint ventures

Not applicable.

9. Foreign entities

Details of origin of accounting standards used in compiling the report:

Not applicable.

10.Audit qualification or review

Details of origin of accounting standards used in compiling the report:

The financial statements have been audited and an unmodified opinion has been issued.

11.Attachments

The Annual Report of Cettire Limited for the year ended 30 June 2021 is attached.

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Cettire Limited – ACN 645 474 166