NOUMI LIMITED — Earnings Release 2023

Aug 28, 2023

Noumi Limited Appendix 4E Preliminary Final Report

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1. Company details

Name of entity: Noumi Limited ABN: 41 002 814 235 Reporting period: For the year ended 30 June 2023 Previous period: For the year ended 30 June 2022

2. Results for announcement to the market

2. Results for announcement to the market
			$'000
Revenues from ordinary activities	up	4.5% to	551,561
Revenues from ordinary activities (continuing operations)	up	5.6% to	551,561
Adjusted EBITDA from continuing operations (pre-AASB 16)1	up	314.7% to	30,379
Loss from ordinary activities after tax attributable to the owners of Noumi
Limited	down	70.8% to	(46,905)
Loss for the year attributable to the owners of Noumi Limited	down	70.8% to	(46,905)
Loss for the year from continuing operations attributable to the owners of
Noumi Limited	down	70.9% to	(46,905)
Profit for the year from discontinued operations attributable to the owners
of Noumi Limited	down	100.0% to	-

1This is non-IFRS financial information and is reconciled to statutory profit in the Financial Report (Refer to Directors’ report in the Financial Report attached).

Dividends

There were no dividends paid, recommended or declared for the year ended 30 June 2023.

Comments

The loss for the consolidated entity after providing for income tax amounted to $46,905,000 including an amount of $39,486,000 related to fair value expense of convertible notes and an amount of $8,235,000 related to impairment of nonfinancial assets (30 June 2022: $160,742,000 loss including an amount of $55,621,000 related to the settlement of the US litigation and an amount of $95,688,000 related to impairment of non-financial assets).

The loss for the continuing operations after providing for income tax amounted to $46,905,000 (30 June 2022: $161,095,000 loss).

For further details, refer to the "Results for announcement to the market"

3. Net tangible assets Net tangible assets per ordinary security _Includes assets and liabilities associated with AASB 16._	Reporting period Cents (75.79)	Previous period Cents (56.17)

Noumi Limited Appendix 4E Preliminary Final Report

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4. Details of associates and joint venture entities

4. Details of associates and joint venture entities
	Reporting	entity's	Contribution to profit/(loss)
	percentage	holding	(where material)
	Reporting	Previous	Reporting	Previous
	period	period	period	period
Name of associate / joint venture	%	%	$'000	$'000
Goulburn Valley Nutritionals Pty Limited (GVN)2	-	49.00%	-	-
Group's aggregate share of associates and joint venture
entities' profit/(loss) (where material)
Profit/(loss) from ordinary activities before income tax	-	-	-	294
Income tax on operating activities			-	-

2Deregistered during the year ended 30 June 2023.

5. Audit qualification or review

Details of audit/review dispute or qualification (if any):

The financial statements have been audited and the audit report is unmodified and attached as part of the Financial Report Appendix 4E. The audit report refers to a material uncertainty related to events or conditions arising from certain legal proceedings that may cast significant doubt on the Group’s ability to continue as a going concern. Audit opinion is not modified in respect of this matter.

6. Signed

Signed _________

Date: 29 August 2023

Genevieve Gregor Chair Sydney