LASERBOND LIMITED — Earnings Release 2022

Aug 24, 2022

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APPENDIX 4E

RESULTS FOR ANNOUNCEMENT TO THE MARKET

	Year To 30th		Year To 30th
	June 2022		June 2021
Revenues from ordinary activities	$30,711,119	Up 24.5% from	$24,664,453
Net Profit from Ordinary Operating Activities after Tax
Attributable to Members	$3,628,751	Up 27.9% from	$2,838,114
Net Profit Attributable to Members	$3,628,751	Up 27.9% from	$2,838,114
Earnings per share (cents) from profit attributable to	3.531c	Up 19.5% from	2.955
members
Net Tangible Assets per Ordinary Share (NTA Backing -	19.29c	Up 30.6% from	14.77c
cents)
Note:
(a) As at 30thJune 2022 total number of shares issued were	109,301,609 compared	to 96,055,413 as at	30th June 2021.

Dividend Information

Dividends Amount Per Share(cents)	Total Franked Amount	Record Date	Payment Date
Interim 0.6 Final 0.8	$654,509 100% $874,413 100% $1,528,922	11 March 22 9 September 22	8 April 22 7 October 22

Since year-end the Board has considered the Company’s needs for cash to fund growth and resolved to make payment of a final 2022 dividend of 0.8 cents per share, fully franked based on tax paid at 25.0%. With the continued growth that is forecast, the Board expects to be able to continue to pay dividends . As the Board resolution regarding the final dividend was made after 30 June 2022, it will be paid from retained earnings but is not recognised as a liability in the financial statements at year-end.

Dividend Reinvestment Plan

During the period LaserBond Limited had a Dividend Reinvestment Plan (DRP) in operation. Under the DRP shareholders may elect to have dividends on some or all of their ordinary shares automatically reinvested in additional LaserBond shares, at a discount to the market price. Full details of the operation of the DRP are contained in the Terms and Conditions available on the LaserBond website: http://www.laserbond.com.au/investor-relations.html.

The Board has resolved to offer the DRP for the 2022 Final Dividend. The discount applied to the Market Price determined in accordance with the DRP Terms and Conditions will be 5%.

To participate in the DRP for this dividend, shareholders that have not already done so should return a completed DRP Application Form to arrive at the share registry (Boardroom Pty Ltd) by 9 September 2022. The form is available on our website: http://www.laserbond.com.au/investor-relations.html. Shareholders that have already returned the form need not complete another unless a change in participation level is being requested.

Cash dividends are paid by electronic funds transfer. To receive the dividend in cash (either fully or in part), shareholders that have not already done so must ensure the share registry (Boardroom Pty Ltd) has received their Australian bank account details by 9 September 2022. Shareholders that have already returned the form need not complete another. The form is available on our website: http://www.laserbond.com.au/investor-relations.html.

Brief Explanation of Results:

Please refer to the CEO’s Review of Operations on pages 10 to 19 of the annual report lodged immediately after this announcement for detail on revenue and operating results, including development plans to ensure future growth and profits.

Preliminary Statement of Profit or Loss and Other Comprehensive Income

Refer to page 33 and accompanying notes from page 37 of the annual report lodged immediately after this announcement.

Preliminary Statement of Financial Position

Refer to page 34 and accompanying notes from page 37 of the annual report lodged immediately after this announcement

Preliminary Statement of Cash Flows

Refer to page 35 and accompanying notes from page 37 of the annual report lodged immediately after this announcement

Preliminary Statement of Retained Earnings

Refer to page 36 and accompanying notes from page 37 of the annual report lodged immediately after this announcement

Details of Subsidiaries

During the period from 1[st] July 2021 to 30[th] June 2022, LaserBond Limited has not gained or lost control over any entities.

Details of Associates and Joint Venture Entities

During the period from 1[st] July 2021 to 30[th] June 2022, LaserBond Limited has no interest in any Associates or Joint Venture Activities.

Accounting Standards

Australian Accounting Standards, including Australian equivalents to International Financial Reporting Standards (AIFRS), have been used in compiling the information in Appendix 4E.

Audit Disputes or Qualifications

This report is based on accounts that have been audited. Please refer to Note 1 of the Annual Report lodged immediately after this announcement from page 37 for details.