COMMS GROUP LTD — Interim / Quarterly Report 2018

Feb 21, 2018

Commschoice Group Limited | ABN 64 619 196 539 Appendix 4D (ASX Listing rule 4.2A 3) Half year report for the period ended 31 December 2017

Results for announcement to the market

Current reporting period: 1 July 2017 to 31 December 2017 Previous corresponding reporting period: N/A incorporated on 18 May 2017 % Change $’000 Revenue from ordinary activities N/A to 944 Loss after tax from ordinary activities attributable to members N/A to (3,326) Net loss for the period attributable to members N/A to (3,326)

The Commschoice Group Limited was incorporated on the 18 May 2017. Consequently, there are no comparative results for this reporting period.

Dividend information:	Amount per security	Franked amount per security
2017 interim dividend (cents)	-	-
	31 December 2017	Prior period
Net tangible assets per security(cents)	-	N/A

The Commschoice Group was formed on 15 December 2017 with the acquisition of five information, communication and technology companies by Commschoice Group Limited. On 21 December 2017 the combined group was listed on the Australian Securities Exchange. The Group raised $7.5 million at 25 cents per share. Together with the equity held by the vendors, directors and senior management the total number of shares issued at listing was 102.89 million

The result for the period to 31 December 2017 is comprised as follows:

Company	Activity	Date acquired	Results included to 31December 2017
Commschoice Group Limited	Parent company	18 May 2017(incorporated)	6 months to 31 December2017
Commschoice Pty Ltd	Operating subsidiary	15 December 2017	16 days to 31 December2017
Telegate Pty Ltd (including SyntelPty Ltd, Telegate Singapore PteLtd & SingVoip Pte Ltd	Operating subsidiary	15 December 2017	16 days to 31 December2017
Oratel Pty Ltd	Operating subsidiary	15 December 2017	16 days to 31 December2017
TelAustralia Pty Ltd	Operating subsidiary	15 December 2017	16 days to 31 December2017
Woffle Pty Ltd	Operating subsidiary	15 December 2017	16 days to 31 December2017

The consolidated half-year ended 31 December 2017 loss from ordinary activities after income tax amounted to $3.33 million. Excluding IPO and transaction related costs the underlying result for the period was a loss after tax of $0.2 million.

This information should be read in conjunction with the 2017 Interim Financial Report of Commschoice Group Limited and any public disclosures made by Commschoice Group Limited in accordance with the continuous disclosure requirements of the Listing Rules and the Corporations Act 2001.

Additional Information supporting the Appendix 4D disclosure requirements can be found in the Director’s Report and the consolidated financial statements for the half-year ended 31 December 2017 lodged with this document.

This Appendix 4D and accompanying consolidated financial report for the half-year ended 31 December 2017 have been independently reviewed and are not subject to any disputes or qualifications. The Independent Auditors Review Report is included in the attached consolidated financial statements