JCURVE SOLUTIONS LTD — Earnings Release 2022

Jul 4, 2022

ABN 63 088 257 729 9 Help St, Chatswood NSW 2067, Level 8, Australia https://www.jcurvesolutions.com/

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5 July 2022

Business Update –

Record Q4 and FY2022 Sales Results

Summary

• ü Record $5.1m of sales for Q4 FY2022, representing a 29% increase from the comparative Q4 FY2021 sales result.

• ü Full Year FY2022 sales growth of 38% with $16.1m of sales recorded.

• ü 30 June 2022 cash balance of $5.1m after a strong quarter of sales and cash collection.

JCURVE SOLUTIONS LIMITED (ASX: JCS) (Jcurve), the business transformation technology company, today reported its preliminary unaudited sales result for the quarter (Q4 FY2022) and year ending 30 June 2022 (FY2022).

Following record 1HY2022 and Q3 FY2022 sales results, Jcurve was able to continue that momentum in Q4 FY2022, by delivering an unaudited sales result of $5.1m, a 29 per cent increase on the $4.0m of sales achieved in Q4 FY2021. The $1.1m increase in sales on the comparative FY2021 period was achieved through a combination of organic growth ($0.6m) and sales generated by recent acquisitions ($0.5m).

The FY2022 full year sales result was $16.1m, a 38 per cent increase on the $11.6m of sales achieved in FY2021. The $4.5m increase in sales on the comparative FY2021 period which was achieved through a combination of organic growth ($2.0m) and sales generated by recent acquisitions ($2.5m).

Jcurve’s cash balance as at the end of FY2022 was $5.1m with net cash inflows of $1.7m in Q4 FY2022 reflecting the seasonality of our inflows and outflows of funds. Jcurve continues to hold a strong underlying cash position and is debt free.

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ABN 63 088 257 729 9 Help St, Chatswood NSW 2067, Level 8, Australia https://www.jcurvesolutions.com/

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Stephen Canning, CEO of Jcurve, commented, ”To achieve four quarters of record sales in FY2022 illustrates the exceptional resilience, professionalism and commitment the Jcurve team has shown through challenging operating conditions during the COVID-19 pandemic. Over the past year we have had strong success across multiple business divisions. The transformation of Jcurve is real and it is happening right now.

We remain focused on identifying and progressing intellectual property based, value adding, M&A opportunities, which combined with the strong base from our existing operations will ensure Jcurve is well positioned for a strong future.”

Further information about the financial performance of Jcurve in FY2022 will be released in late July.

This announcement has been authorised for release by the Board of JCurve Solutions Limited.

About Jcurve

Jcurve works collaboratively with ambitious organisations to drive growth through the effective use of technology. Serving as a trusted guide in an on-demand world, Jcurve helps build growing and resilient organisations to withstand market disruption.

From business management solutions and consulting services to field service management and digital marketing services – Jcurve is uniquely positioned to help organisations on their business transformation journey.

For more information, please visit www.jcurvesolutions.com.

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