FREELANCER LIMITED — Interim / Quarterly Report 2014

Aug 10, 2014

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Appendix 4D Release

Interim Financial Report

The following sets out the requirements of Appendix 4D and should be read in conjunction with the 2014 Interim Financial Report.

• Reporting Period 6 months ended 30 June 2014

• Previous Reporting Period 6 months ended 30 June 2013

Results for announcement to the market

	$000	% Movement
Revenues from ordinary activities	11,903	up 41%
(Loss) / profit from ordinary activities after tax attributable to shareholders	(729)	down 253%
Net (loss) / profit for the period attributable to shareholders	(729)	down 253%

No dividends have been declared for the reporting period.

Net tangible assets per share was 0.9 cents per share[1] at 30 June 2014 (31 December 2013: 2.0 cents per share[2] ).

Commentary on results

For commentary on the results please refer to the Review of Operations commentary in the 2014 Interim Financial Report. Additional Appendix 4D disclosure requirements can be found in the 2014 Interim Financial Report.

Financial information

Other information requiring disclosure to comply with Listing Rule 4.2A is contained in the 2014 Interim Financial Report, and should be read in conjunction with the 2013 Annual Report generally.

1 Based on 436,619,444 diluted ordinary shares outstanding for the half-year ended 30 June 2014.

2 Based on 436,000,000 diluted ordinary shares outstanding as at 31 December 2013 for comparability. On 14 October 2013 the Series A preference shares were converted to ordinary shares and a share split was undertaken, which resulted in the number of ordinary shares on issue totalling 400,000,000. On 13 November 2013 the Company issued 36,000,000 ordinary shares pursuant to its initial public offering.

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