FINEXIA FINANCIAL GROUP LIMITED — Earnings Release 2021

Aug 30, 2021

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FINEXIA FINANCIAL GROUP LIMITED (ACN 106 760 418 – AX:FNX)

AUDITED PRELIMINARY FINAL REPORT APPENDIX 4E

FOR THE YEAR ENDED 30 JUNE 2021

1. REPORTING PERIOD

Audited report for the financial year ended 30 June 2021. The previous corresponding period is the financial year ended 30 June 2020.

2. RESULTS FOR ANNOUNCEMENT TO MARKET

KEY INFORMATION		2021	2020
		$A	$A
Revenue from continuing operations	Up175%	5,905,379	2,144,161
Profit/(loss) after tax from continuing operations
attributable to members	Up 311%	1,268,746	(602,711)
Net profit/(loss) for the period attributable tomembers	Up 337%	1,268,746	(535,098)

3. DIVIDENDS PAID AND PROPOSED

There are no dividends that have been declared or paid during the current or previous financial year.

4. NET TANGIBLE ASSETS PER SECURITY

	2021	2020
	$	$
Net tangible assets backing per ordinarysecurity	0.0206	0.0215

5. COMMENTARY ON THE RESULTS FOR THE YEAR

The Group has reported a net profit after tax of $1.3 million for the year ended 30 June 2021.

Revenues from continuing operations for the financial year of $5.9 million (2020: $2.1 million) have increased by 175% compared to prior year.

The net tangible asset (NTA) per ordinary security was 2.06 cents per security as at 30 June 2021.

6. COMPLIANCE STATEMENT

• This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act 2001. No other standards were used.

• This report, and the accounts upon which the report is based, use the same accounting policies.

• This report gives a true and fair view of the matters disclosed.

• The financial statements for the year ended 30 June 2021 have been audited.

• Due to limitations of size, the entity does not have a formally constituted audit committee.

Signed on behalf of the Company,

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Neil Sheather Chairman