PLATFORMO LTD — Interim / Quarterly Report 2026

Feb 26, 2026

Platformo Ltd and its controlled entities ABN 43 009 289 481

Appendix 4E

Preliminary Final Statements to the Australian Securities Exchange

Platformo Ltd and its controlled entities ABN 43 009 289 481

Reporting period Previous period

Year ended 31 December 2025 Year ended 31 December 2024

Results for Announcement to the Market

All amounts are denoted in AU$	31 December 2025 31 December 2024 Change Change $ $ $ %
Revenue from continuing operations (Appendix 4E item 2.1) (Loss) from ordinary activities after tax attributable to members (Appendix 4E item 2.2) Net Comprehensive Loss attributable to members of the parent entity (Appendix 4E item 2.3)	783,163 748,490 34,673 5% (413,362) (398,084) -15,278 -4% (482,457) (477,917) -4,540 -1% Cents per share Cents per share Cents per share
Basic loss per share (cents) (Appendix 4E item 14.1) Diluted loss per share (cents) (Appendix 4E item 4.1) Net tangible assets per share (cents) (Appendix 4E Item 9)	(0.44) (0.42) (0.02) -4% (0.44) (0.42) (0.02) -4% 0.81 1.31 (0.50) (38%)

Commentary on Financial Results

The Company continues to manage and improve its operating business, Biztrak Business Solutions Sdn Bhd ( Biztrak ). Biztrak is a software development and distribution business operating in Asia. It is based in Malaysia and has customers in a number of Asian countries.

Biztrak’s revenue was steady in 2025 (up 5%), and costs continued to be tightly managed, resulting in the Company’s Malaysian operations making a small profit of $14,932 for the year.

Biztrak’s activities in 2025 were primarily focussed on the ongoing rollout of the e-invoicing mandate in Malaysia. The rollout began with larger companies (annual revenue exceeding RM100 million), which were required to implement e-invoicing by 1 August 2024.

However, as noted in the Company’s activities reports, the Inland Revenue Board of Malaysia (LHDN) announced adjustments to the compliance timeline during the year, allowing extra time for compliance by smaller companies. On 6 December 2025, it was announced that very small businesses (annual revenue below RM1 million) would be exempted from the e-invoicing mandate for the time being.

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Platformo Ltd and its controlled entities ABN 43 009 289 481

As a result, a number of smaller Biztrak clients paused their plans to implement e-invoicing, in line with the revised compliance timeline. This caused clients to defer their demand for Biztrak’s services during the year. To partially offset this fluctuating demand, management implemented reductions in administrative and corporate costs, as well as product manufacturing and operating costs.

Biztrak sustained its market momentum through targeted initiatives in training, digital expansion, and solution development. While demand for Biztrak’s e-invoicing training services softened following the December 2025 announcement, Biztrak continued to successfully conduct online e-invoicing training sessions for Biztrak MSB users to support their compliance needs.

Biztrak also strengthened its digital strategy by joining Madani Digital Trade, an AI-driven platform by MATRADE (the national trade promotion agency of Malaysia) that enables Malaysian SMEs and exporters to access global markets through business matching, e-marketplace solutions, and real-time market intelligence, aligning with national digital economy and export development initiatives.

For Biztrak’s Warehouse Management System product, the team focused on follow-ups from a number of conferences and expos, with the objective of converting qualified leads into sales by early 2026. These efforts reflect the Company’s commitment to translating event-driven engagements into tangible revenue opportunities.

During the year, UCSI College, in collaboration with Biztrak, launched a beginner-friendly Cloud Accounting course under the Online Distance Learning Programme. The course introduces Biztrak Online, equipping students and the public with practical, industry-relevant digital accounting skills.

Marketing efforts continued across email campaigns, blogs, social media, and SEO enhancements, supporting brand visibility and lead generation. Looking ahead, Biztrak plans to leverage AI tools to enhance its accounting and asset management solutions, ensuring competitiveness amid evolving market demands.

At the corporate level, the Board devoted substantial time and effort to consider a number of potential transactions to build scale, diversify and add value to the Company. Increased professional and advisory costs were incurred to explore these opportunities. Details will be announced if and when an agreement is signed.

As a result of the slightly improved revenue from Biztrak, offset by increased expenditure on exploring corporate opportunities, the net loss after tax for the year was $413,362 compared to the previous year loss of $398,084.

Dividends ( Appendix 4E item 2.4 & 2.5)

No dividends have been declared or paid during the financial year ended 31 December 2025 and the Company does not propose to pay any final dividends in respect of that year.

Audit Status (Appendix 4E item 15)

This report is based on accounts which are in the process of being audited. The Audited Annual Financial Statements are expected to be released by 31 March 2026.

Commentary on Results & Significant Feature of Operating Performance (Appendix 4E item 14)

1. Revenue from continuing operations (Appendix 4E item 2.6 & 14) Revenue from ordinary activities for the financial year was $783,163 (31 December 2024: $748,490).

2. Loss from ordinary activities after tax attributable to members (Appendix 4E item 2.6 & 14). The loss after income tax for the reporting period was $413,362 (2024: loss $398,084).

3. Net Comprehensive Loss attributable to members of the parent entity (Appendix 4E item 2.6 & 14)

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Platformo Ltd and its controlled entities ABN 43 009 289 481

The net comprehensive loss attributable to members of the parent entity for the reporting period was $482,457 (2024: loss $477,917) .

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Platformo Ltd and its controlled entities ABN 43 009 289 481

Supplementary Information

1. Trends in performance (Appendix 4E item 14.5)

See comments on page 1 above.

2. Other factors that affected results in the period or which are likely to affect results in the future (Appendix 4E item 14.6)

See comments on page 1 above.

3. Other significant information (Appendix 4E item 12)

Restatement of 2024 financial results

Revenue is recognised either at a point in time or over time depending on when performance obligations under customer contracts are satisfied. Revenue transactions around year-end require appropriate cut-off procedures to ensure that revenue is recognised in the correct reporting period in accordance with AASB 15 Revenue from Contracts with Customers. Revenue should only be recognised when the performance obligations have been satisfied, i.e. when the software licence codes or services have been delivered to the customers.

The revenue cut-off around the previous reporting dates was incorrect. The revenue had been recognised when the sales invoices were created, although the goods or services were delivered to the customers in the following financial year. This matter applies to the 2024 financial year and prior.

As a result, the 2024 financial results presented in this Appendix 4E have been restated and differ from the audited results for 2024 filed on 28 March 2025. Full details of the restated financial results for 2024 will be presented with the audited results for 2025, which will be filed prior to 31 March 2026.

Attachments forming part of the Appendix 4E:

The Preliminary Financial Report of Platformo Ltd for the year ended 31 December 2025 is attached.

Signed by

Ben Reichel Chairman Sydney 27 February 2026

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Platformo Ltd and its controlled entities ABN 43 009 289 481

Preliminary Consolidated Statement of Profit and Loss and Other Comprehensive Income For the financial year ended 31 December 2025

Note	31 December 31 December 2025 2024 $ $
Revenue Cost of sales Gross profit Other operating income Net reversal of impairment of financial assets Expenses Administration expenses Marketing & promotional expenditure Other operating expenses Finance costs Depreciation and amortisation expenses Impairment of intangible assets Total expenses Loss before income tax Income tax (expense)/gain Loss after tax Other comprehensive income for the year, net of tax Exchange differences on translating foreign operations Total comprehensive income for the year Basic and diluted (loss) per share (cents per share) 5	783,163 748,490 (62,386) (91,222)
	720,777 657,268 10,853 96,514 1,221 9,206 (1,094,501) (953,112) - (4,650) (23,059) (721) (2,381) (1,554) (26,272) (21,624) - (179,399)
	(1,146,213) (1,161,060)
	(413,362) (398,072) - (12)
	(413,362) (398,084) (69,095) (79,833)
	(482,457) (477,917)
	(0.44) (0.42)

The above Preliminary Consolidated Statement of Profit & Loss and other Comprehensive Income is to be read in conjunction with the accompanying notes.

Refer to Note 3 for detailed information on Restatement of comparatives.

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Platformo Ltd and its controlled entities ABN 43 009 289 481

Preliminary Consolidated Statement of Financial Position As at 31 December 2025

Note	31 December 31 December 2025 2024 $ $
Assets Current assets Cash and cash equivalents 6(a) Trade and other receivables 7 Other current assets Total current assets Non-current assets Plant and equipment 8 Right-of-use assets Intangible assets 9 Total non-current assets Total assets Current liabilities Trade and other payables 10 Deferred revenue Lease liabilities Total current liabilities Non-current liabilities Lease liabilities Total non-current liabilities Total liabilities Net assets Equity Issued capital 11 Foreign currency translation reserve 12 Accumulated losses Total equity	1,088,656 1,523,630 102,022 90,635 - 8,596
	1,190,678 1,622,861 5,938 11,433 39,837 23,773 - -
	45,775 35,206
	1,236,453 1,658,067
	181,180 176,449 238,985 212,008 15,792 14,408
	435,957 402,865
	27,698 11,803
	27,698 11,803
	463,655 414,668
	772,798 1,243,399
	21,048,346 21,048,346 48,688 117,783 (20,324,236) (19,922,730)
	772,798 1,243,399

The above Preliminary Consolidated Statement of Financial Position is to be read in conjunction with the accompanying notes.

Refer to Note 3 for detailed information on Restatement of comparatives.

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Platformo Ltd and its controlled entities ABN 43 009 289 481

Preliminary Consolidated Statement of Changes in Equity For the financial year ended 31 December 2025

	Issued Capital Ordinary Shares $ Foreign Currency Translatio n Reserve $ Accumulated Losses $ Total Equity $
Balance at 01/01/2024 Adjustment for correction of error Balance at 01/01/2024 restated Foreign exchange translation reserve Loss for the year Total comprehensive income for the year Transactions with owners, in their capacity as owners and other transfers Balance at 31/12/2025 Balance at 01/01/2024 Foreign exchange translation reserve Loss for the year Total comprehensive income for the year Transactions with owners, in their capacity as owners and other transfers Balance at 31/12/2024
	21,048,346 117,783 (19,922,730) 1,243,399
	- - 11,856 11,856
	21,048,346 117,783 (19,910,874) 1,255,255
	- (69,095) - (69,095)
	- - (413,362) (413,362)
	- (69,095) (413,362) (482,457)
	- -
	21,048,346 48,688 (20,324,236) 772,798
	21,048,346 197,616 (19,524,646) 1,721,316
	- (79,833) - (79,833) - - (398,084) (386,228)
	- (79,833) (398,084) (466,061) - - - -
	21,048,346 117,783 (19,922,730) 1,243,399

The above Preliminary Consolidated Statement of Changes in Equity is to be read in conjunction with the accompanying notes.

Refer to Note 3 for detailed information on Restatement of comparatives.

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Platformo Ltd and its controlled entities ABN 43 009 289 481

Preliminary Consolidated Statement of Cash Flows

For the financial year ended 31 December 2025

Note	31 December 31 December 2025 2024 $ $
Cash flows from operating activities Receipts from customers Payments to suppliers and employees Interest received Refund/(payment) of income tax Finance costs Net cash (used in)/from operating activities 6(b) Cash flows from investing activities Proceeds from sale of plant & equipment Payments for plant & equipment Payments for intangibles Net cash used in investing activities Cash flows from financing activities Repayment of term loan Repayment of lease liabilities Net cash used in financing activities Net decrease in cash and cash equivalents held Cash and cash equivalents at the beginning of the financial year Cash and cash equivalents at the end of the financial year 6(a)	846,509 909,825 (1,265,988) (1,105,581) 8,845 21,043 651 (1,020) (2,381) (1,554)
	(412,364) (177,287) - - (5,841) (3,154) - (179,399)
	(5,841) (182,553) - (2,268) (16,769) (16,411)
	(16,769) (18,679) (434,974) (378,519) 1,523,630 1,902,149
	1,088,656 1,523,630

The above Preliminary Consolidated Statement of Cash Flows is to be read in conjunction with the accompanying notes.

Refer to Note 3 for detailed information on Restatement of comparatives.

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Platformo Ltd Notes to the Preliminary Financial Statements For the financial year ended 31 December 2025

Notes to the preliminary financial statements

For the financial year ended 31 December 2025

1. Reporting Entity

Platformo Ltd is a company limited by shares incorporated in Australia. The Company’s registered office is c/- Crowe, Level 24, 1 O’Connell Street, Sydney NSW 2000.

2. Basis of Preparation

This preliminary final report has been prepared in accordance with ASX Listing Rule 4.3A and the disclosure requirements of ASX Appendix 4E. This report is to be read in conjunction with any public announcements made by Platformo Ltd during the reporting period in accordance with the continuous disclosure obligations arising under the Corporations Act 2001 and Australian Securities Exchange Listing Rules.

The Preliminary Financial Statements of Platformo Ltd and its controlled entities, comply with Australian Accounting Standards.

Functional and presentation currency

The preliminary financial report is presented in Australian dollars, which is the Company’s presentation currency.

New and Revised Accounting Requirements

The Group has adopted all of the new and revised Standards and Interpretations issued by the Australian Accounting Standards Board that are relevant to its operations and effective for the current reporting period. The adoption of these new and revised Standards and Interpretations has not resulted in a significant or material change to the Group’s accounting policies.

3. Restatement of 2024 financial results

Revenue is recognised either at a point in time or over time depending on when performance obligations under customer contracts are satisfied. Revenue transactions around year-end require appropriate cut-off procedures to ensure that revenue is recognised in the correct reporting period in accordance with AASB 15 Revenue from Contracts with Customers. Revenue should only be recognised when the performance obligations have been satisfied, i.e. when the software licence codes or services have been delivered to the customers.

The revenue cut-off around the previous reporting dates was incorrect. The revenue has been recognised when the sales invoices were created, although the goods or services were delivered to the customers in the following financial year. This matter applies to the 2024 financial year and prior.

As a result, the 2024 financial results presented in this Appendix 4E have been restated and differ from the audited results for 2024 filed on 28 March 2025. Full details of the restated financial results for 2024 will be presented with the audited results for 2025, which will be filed prior to 31 March 2026.

4. Segment reporting (Appendix 4 E Item 14.4)

For management purposes the Group is organised into two strategic units:

• Corporate head office in Australia

• Operations and technology development based in Malaysia

Such structural organisation is determined by the nature of risks and returns associated with each business segment and define the management structure as well as the internal reporting system. It represents the basis on which the Group reports its primary segment information to the Board.

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Platformo Ltd Notes to the Preliminary Financial Statements For the financial year ended 31 December 2025

The operating segment analysis presented in these Preliminary Financial Statements reflects operations analysis by business. It best describes the way the Group is managed and provides a meaningful insight into the business activities of the Group.

The following table presents details of revenue and operating loss by business segment as well as reconciliation between the information disclosed for reportable segments and the aggregated information in the Preliminary Financial Statements. The information disclosed in the table below is derived directly from the internal financial reporting system used by the Board of Directors to monitor and evaluate the performance of our operating segments separately.

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Platformo Ltd Notes to the Preliminary Financial Statements For the financial year ended 31 December 2025

4. Segment reporting (Appendix 4 E Item 14.4) continued

	Australia Malaysia Eliminations $ $ $	Total $
Year ended 31 December 2025 Revenue from external customers Reportable segment (loss) after tax Year ended 31 December 2024 Revenue from external customers Reportable segment (loss)/profit after tax Reportable segments assets At 31 December 2025 At 31 December 2024 Reportable segments liabilities At 31 December 2025 At 31 December 2024
	- 783,163 -	783,163
	(428,294) 14,932 -	(413,362)
	- 748,490 -	748,490
	(517,400) 119,316 -	(398,084)
	13,053,136 358,980 (12,175,663)	1,236,453
	13,504,376 329,354 (12,175,663)	1,658,067
	47,071 925,784 (509,200)	463,655
	70,023 855,303 (510,658)	414,668

5. Earnings per Share (Appendix 4E Item 14.1)

Net (loss) attributable to the equity holders of the Company Weighted average number of ordinary shares Basic and Diluted Loss per share	2025 $ 2024 $ (413,362) (398,084) 2025 No. 2024 No. 94,908,301 94,908,301 2025 Cents 2024 Cents (0.44) (0.42)

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Platformo Ltd Notes to the Preliminary Financial Statements For the financial year ended 31 December 2025

6. Cash and Cash Equivalents (a) Cash and cash equivalents (b) Reconciliation of net cash used in operating activities to operating loss Operating loss after income tax expense for the year Add non – cash items: Depreciation and amortisation Net reversal of impairment of financial assets Provision for doubtful debts Impairment of intangible assets Foreign exchange differences Add / (deduct) movement in working capital: Trade and other receivables Deferred revenue Trade and other payables Deferred tax liabilities	2025 $ 2024 $
	1,088,656 1,523,630
	(413,362) (398,084) 26,272 21,624 (1,221) (9,206) - - - 179,399 (69,095) (79,833) 111,125 113,483 (49,792) 5,702 (16,943) 652 (9,368) (1,004)
	(412,364) (177,287)

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Platformo Ltd Notes to the Preliminary Financial Statements For the financial year ended 31 December 2025

7. Trade and Other Receivables

Trade Debtors Less Provision for Impairment Other receivables Income tax receivable	2025 $ 2024 $
	806,155 459,664 (768,692) (418,126)
	37,463 41,538 62,958 46,844 1,601 2,253
	102,022 90,635

8. Plant and Equipment

Equipment – at cost Less: accumulated depreciation accumulated impairment losses Movement Balance as at 1 January Additions Disposals Depreciation expense Impairment loss Balance as at 31 December	2025 $ 2024 $
	379,016 373,175 (370,452) (361,742) (2,626) -
	5,938 11,433
	11,433 16,171 5,841 3,260 - (107) (8,710) (7,891) (2,626) -
	5,938 11,433

9. Intangible Assets

Development expenditure At cost Less: accumulated amortisation accumulated impairment losses Intellectual property At cost Less: accumulated amortisation accumulated impairment losses Total intangible assets	2025 $ 2024 $
	4,077,565 4,077,565 (2,471,897) (2,471,897) (1,605,668) (1,605,668)
	- -
	1,440,323 1,440,323 (1,083,291) (1,083,291) (357,032) (357,032)
	- -
	- -

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Platformo Ltd Notes to the Preliminary Financial Statements For the financial year ended 31 December 2025

10. Trade and Other Payables

Trade and Other Payables
Trade payables Other payables and accruals	2025 $ 2024 $
	51,645 15,407 129,535 161,042
	181,180 176,449

11. Issued Capital (Appendix 4E Item 14.6)

Ordinary shares fully paid a) Movement in ordinary shares Opening balance at beginning of the financial year Issue of shares Cost of issue Closing balance at end of the financial year	2025 Shares 2024 Shares 2025 $	2024 $
	94,908,301 94,908,301 21,048,346	21,048,346
	2025 Shares 2025 $ 2024 Shares	2024 $
	94,908,301 21,048,346 94,908,301 - - - - - -	21,048,346 - -
	94,908,301 21,048,346 94,908,301	21,048,346

(a) Movement in ordinary shares

(b) Options and performance rights

As at 31 December 2025, there were no options on issue (2024: nil). During the year no options were issued (2024: nil)

As at 31 December 2025, there were no performance rights on issue (2024: nil). During the year no new performance rights were issued (2024: nil).

12 Reserves

Foreign currency reserve Opening balance Foreign currency translation1 Closing balance	2025 $ 2024 $
	117,783 197,616 (69,095) (79,833)
	48,688 117,783

1 The reserve is used to recognise exchange differences arising from translation of the financial statements of international operations in Australian dollars.

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