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IMEXHS LIMITED — Earnings Release 2021
Feb 27, 2022
65120_rns_2022-02-27_58b4f8ac-7ccc-47d2-8076-3fd7bb9fb8d0.pdf
Earnings Release
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IMEXHS Limited Appendix 4E Preliminary final report
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1. Company details
Name of entity: IMEXHS Limited ABN: 60 096 687 839 Reporting period: For the year ended 31 December 2021 Previous period: For the year ended 31 December 2020
2. Results for announcement to the market
| $ | |||
|---|---|---|---|
| Revenues from ordinary activities | up | 22.5% to | 13,391,557 |
| Loss from ordinary activities after tax attributable to the owners of | |||
| IMEXHS Limited | up | 30.0% to | (4,699,772) |
| Loss for the year attributable to the owners of IMEXHS Limited | up | 30.0% to | (4,699,772) |
Dividends
There were no dividends paid, recommended or declared during the current financial period.
Comments
The loss for the Group after providing for income tax amounted to $4,699,772 (31 December 2020: $3,615,977).
For further commentary on the results of the Group for the year ended 31 December 2021, refer to the Chairman's Letter and Chief Executive Officer's Report, which form part of the annual report.
3. Net tangible assets
| Net tangible assets per ordinary security | Reporting period Cents 25.33 |
Previous period Cents 48.56 |
|---|---|---|
The net tangible assets per ordinary security presented above excludes right-of-use assets and lease liabilities.
4. Control gained over entities
| Name of entities (or group of entities) | RIMAB SAS |
|---|---|
| Date control gained | 5 October 2021 |
$ Contribution of such entities to the reporting entity's profit/(loss) from ordinary activities before income tax during the period (where material) 214,338 Profit/(loss) from ordinary activities before income tax of the controlled entity (or group of entities) for the - whole of the previous period (where material) 5. Loss of control over entities
Not applicable.
IMEXHS Limited Appendix 4E Preliminary final report
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6. Dividends
Current period
There were no dividends paid, recommended or declared during the current financial period.
Previous period
There were no dividends paid, recommended or declared during the previous financial period.
7. Dividend reinvestment plans
Not applicable.
8. Details of associates, joint venture entities and joint operations
The Group had a 30% share of a joint operation supplying radiology services to the Hospital Central Policía Nacional (National Police Hospital) in Bogotá Colombia. The joint operation ceased on 5 October 2021 when the Group acquired 100% of the ordinary shares in RIMAB SAS, a related party of the joint operation. The joint operation contributed a profit after tax of $91,492 to the Group's loss for period from 1 January 2021 to 4 October 2021.
9. Foreign entities
Details of origin of accounting standards used in compiling the report:
Not applicable.
10. Audit qualification or review
Details of audit/review dispute or qualification (if any):
The financial statements have been audited and an unmodified opinion has been issued.
11. Attachments
Details of attachments (if any):
The Annual Report of IMEXHS Limited for the year ended 31 December 2021 is attached.
12. Signed
As authorised by the Board of Directors
Signed _________ Doug Flynn Chairman
Date: 28 February 2022