ION VIDEO LTD — Interim / Quarterly Report 2018

Feb 27, 2018

Linius Technologies Limited

ABN 84 149 796 332

Appendix 4D

Half-year report

31 December 2017

Reporting period

Report for the half-year ended 31 December 2017.

Previous corresponding period is the half-year ended 31 December 2016.

Results for announcement to the market

Results for announcement to the market
		Increase/(decrease) overprevious correspondingperiod
	$	$ %
Revenue from ordinary activities	2,860	(41,749)(94%)
Profit/(Loss) from ordinary activities after tax attributable tomembers	(4,078,912)	(2,470,389)(154%)
Net profit/(loss) for the period attributable to members	(4,078,912)	(2,470,389)(154%)

Dividends

No dividends were paid or declared during the financial period and it is not proposed to pay dividends. No dividends have previously been declared or paid in prior financial periods and there are no dividend reinvestment plans in place.

Explanation of results

Results for the 6 months to December 2017

The principal activities during this six months have been the continued development and commercialisation of the patented Linius Video Virtualization Engine[TM] . During the period the entity has expanded its operations and increased its marketing activities in pursuing the commercialisation of the software.

Further information and brief explanation of the above figures is contained in the half year consolidated financial report, which has been subject to independent audit review and which is lodged with this Appendix 4D.

Net tangible asset backing

Net tangible asset backing
	Currentperiod	Previouscorrespondingperiod
Net tangible assets per ordinary security	0.37 cents	0.39 cents

Signed:

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Stephen Kerr CFO & Company Secretary

27 February 2018 Melbourne