POINTERRA LIMITED — Interim / Quarterly Report 2019

Aug 29, 2019

Appendix 4E Preliminary final report Year ended 30 June 2019

Rule 4.3A

Appendix 4E

Preliminary final report

Name of entity:

Pointerra Limited

1. ABN or equivalent company reference: Reporting period: 39 078 388 155 Year ended 30 June 2019 2. Results for announcement to the market	1. ABN or equivalent company reference: Reporting period: 39 078 388 155 Year ended 30 June 2019 2. Results for announcement to the market	Previous corresponding period:	Previous corresponding period:
		Year ended 30 June 2018
		$
2.1 Revenue from ordinary activities 2.2 Loss from ordinary activities for the period after tax attributable to members 2.3 Net loss for the period attributable to members	Up Up Up	11% to 935,522 (15%) to (1,916,407) (15%) to (1,916,407)
2.4 Dividends	Amount per security		Franked amount per security
Final dividend Interim dividend	Nil Nil		N/A **N/A **
2.5 Record date for determining entitlements to the dividends N/A 2.6 Brief explanation of any of the figures reported above to enable the figures to be understood: It is recommended that the Appendix 4E be read in conjunction with the Company’s ASX releases made during the year in accordance with the continuous disclosure obligations under the ASX listing rules. Revenue from ordinary activities for FY19 includes $443,504 of subscription income from customers as well as a $472,935 Research and Development (R&D) refundable tax offset, resulting from the company’s ongoing R&D work in developing its cloud-based digital asset management platform for 3D data, and was banked during August. Subscription income is less than subscriptions actually received from customers during the year with the differences reflected in accounts receivable and deferred revenue, which will be brought to account during FY20.

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Appendix 4E Preliminary final report Year ended 30 June 2019

3. Consolidated Statement of Profit or Loss and Other Comprehensive Income

	Note Revenue Other income Expenses Cost of services Administrative expenses Advertising and marketing expenses Compliance and regulatory expenses Research and development expenses Share based payment expenses Other expenses Loss before income tax Income tax expense Loss after income tax for the year Other comprehensive income for the year Total comprehensive loss for the year Net of tax attributable to members of the Company Loss per share attributable to members of the Company Basic loss per share (cents) Diluted lossper share(cents)	Current Period Previous Corresponding Period 30 June 2019 30 June 2018 $ $ 443,504 312,068 492,018 527,980
		(4,000) - (1,055,704) (826,850) (22,143) (23,002) (208,732) (159,784) (1,087,207) (1,098,903) (13,601) (141,649) (451,171) (250,703)
		(1,907,036) (1,660,843) - -
		(1,907,036) (1,660,843) (9,371) (1,942)
		(1,916,407) (1,662,785)
		(0.37) (0.41) (0.37) (0.41)

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Appendix 4E Preliminary final report Year ended 30 June 2019

4. Statement of Financial Position

	Note Current Assets Cash and cash equivalents Trade and other receivables Other Total Current Assets Non-Current Assets Plant and equipment Other intangible assets Total Non-Current Assets Total Assets Current Liabilities Trade and other payables Deferred revenue Provisions Total Current Liabilities Total Liabilities Net Assets Equity Issued capital Reserves Accumulated losses Total Equity	Current Period Previous Corresponding Period 30 June 2019 30 June 2018 $ $ 947,336 1,385,834 535,560 614,255 80,649 23,818
		1,563,545 2,023,907
		58,735 60,706 60,431 53,689
		119,166 114,395
		1,682,711 2,138,302
		500,112 478,055 282,359 - 164,269 114,695
		946,740 592,750
		946,740 592,750
		735,971 1,545,552
		6,821,694 5,728,469 1,552,839 1,548,609 (7,638,562) (5,731,526)
		735,971 1,545,552

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Appendix 4E Preliminary final report Year ended 30 June 2019

5. Consolidated Statement of Cash Flows

	Cash flows from operating activities Receipts from customers Payments to suppliers and employees Interest and other costs of finance paid Interest received Government grants and tax incentives Net cash flows used in operating activities Cash flows from investing activities Payments to acquire property, plant and equipment Payments to acquire intangible and other assets Net cash flows used in investing activities Cash flows from financing activities Proceeds from shares issued Payment of share issue costs Net cash flows from financing activities Net increase (decrease) in cash and cash equivalents Effect of movement in exchange rates on cash held Cash and cash equivalents at the beginning of the year Cash and cash equivalents at the end of the year	Current Period Previous Corresponding Period 30 June 2019 30 June 2018 $ $ 851,860 188,043 (2,803,353) (2,102,413) (2,713) (924) 19,083 41,077 486,903 496,376
		(1,448,220) (1,377,841)
		(29,300) (23,129) (30,812) (31,201)
		(60,112) (54,330)
		1,150,000 - (62,454) -
		1,087,546 -
		(420,786) (1,432,171) (17,712) - 1,385,834 2,818,005
		947,336 1,385,834

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Appendix 4E Preliminary final report Year ended 30 June 2019

6. Consolidated Statement of Changes in Equity

	Issued capital	Issued capital	Share-based	Foreign	Accumulated	Total
			payment	exchange	losses
			reserve	reserve
	$		$	$	$	$
Balance at 1 July 2017	5,728,469		1,408,902	-	(4,070,683)	3,066,688
Loss for the year		-	-	-	(1,660,843)	(1,660,843)
Other comprehensive income		-	-	(1,942)	-	(1,942)
Total comprehensive loss for the year		-	-	(1,942)	(1,660,843)	(1,662,785)
Transactions with owners
recorded directly in equity
Share-based payments		-	141,649	-	-	141,649
Balance as at 30 June 2018	5,728,469		1,550,551	(1,942)	(5,731,526)	1,545,552
Balance at 1 July 2018	5,728,469		1,550,551	(1,942)	(5,731,526)	1,545,552
Loss for the year		-	-	-	(1,907,036)	(1,907,036)
Other comprehensive income		-	-	(9,371)	-	(9,371)
Total comprehensive loss for the year		-	-	(9,371)	(1,907,036)	(1,916,407)
Transactions with owners
recorded directly in equity
Shares issued	1,150,000		-	-	-	1,150,000
Share issue transaction costs	(56,775)		-	-	-	(56,775)
Share-based payments		-	13,601	-	-	13,601
Balance as at 30 June 2019	6,821,694		1,564,152	(11,313)	(7,638,562)	735,971

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Appendix 4E Preliminary final report Year ended 30 June 2019

7. Dividends (in the case of a trust, distributions)

Date dividend is payable Record date to determine entitlements to the dividend If it is a final dividend, has it been declared?	N/A
	N/A
	N/A

Amount per security

	Amount per security	Franked amount per security at 30% tax	Amount per security of foreign source dividend
Final dividend: Currentyear	Nil	N/A	N/A
Interim dividend: Currentyear	Nil	N/A	N/A

Total dividend (distribution) per security (interim plus final)

Ordinary securities Preference securities	Current period	Previous Corresponding Period
	N/A N/A	N/A N/A

8. Dividend or distribution plans in operation

N/A

The last date(s) for receipt of election notices for the dividend or distribution plans N/A

9. Net tangible asset (NTA) backing

	Current Period Previous Corresponding Period 30 June 2019 30 June 2018 $ $
Net tangible asset backing per ordinary security (cents)	0.13 0.30

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Appendix 4E Preliminary final report Year ended 30 June 2019

10. Control gained over entities having material effect

Name of entity (or group of entities) N/A

Consolidated loss from ordinary activities after tax of the controlled entity (or group of entities) since the date in the current period on which control was acquired

Date from which such loss has been calculated

Loss from ordinary activities after tax of the controlled entity (or group of entities) for the whole of the previous corresponding period

N/A N/A N/A

Loss of control of entities having material effect

Name of entity (or group of entities) N/A

Consolidated profit (loss) from ordinary activities after tax of the controlled entity (or group of entities) for the current period to the date of loss of control

Date to which the profit (loss) has been calculated

Consolidated profit (loss) from ordinary activities after tax of the controlled entity (or group of entities) while controlled during the whole of the previous corresponding period

Contribution to consolidated profit (loss) from ordinary activities from sale of interest leading to loss of control

N/A N/A N/A N/A

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Appendix 4E Preliminary final report Year ended 30 June 2019

11. Material interests in entities which are not controlled entities

The economic entity has an interest (that is material to it) in the following entities. (If the interest was acquired or disposed of during either the current or previous corresponding period, indicate date of acquisition “from dd/mm/yy” or disposal “to dd/mm/yy”)

Name of entity	Percentage of ownership interest held at end of period or date of disposal	Percentage of ownership interest held at end of period or date of disposal	Contribution to net profit (loss)	Contribution to net profit (loss)
Equity accounted associates and joint venture entities	Current period	Previous corresponding period	Current period $	Previous corresponding period $
Total	N/A	N/A	N/A	N/A
Other material interests
Total	N/A	N/A	N/A	N/A

12. Significant information

Any other significant information needed by an investor to make an informed assessment of the entity’s financial performance and financial position:

N/A

13. Foreign entities set of accounting standards used in compiling the report (IAS)

The consolidated financial statements comply with International Financial Reporting Standards (IFRS) adopted by the International Accounting Standards Board (IASB). A statement of significant accounting policies is detailed in the Annual Report which is in the process of being audited.

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Appendix 4E Preliminary final report Year ended 30 June 2019

14. Commentary on the results for the period

14.1 Earnings per security (EPS)

	Current Period 30 June 2019	Previous Corresponding Period 30 June 2018
Basic EPS (cents per share)	(0.37)	(0.41) (0.41)
Diluted EPS(centsper share)	(0.37)

14.2 Returns to shareholders (Including distributions and buy backs)

Ordinary securities Preference securities Other equity instruments Total	Current Period 30 June 2019 $	Previous Corresponding Period 30 June 2018 $
	N/A N/A **N/A **	N/A N/A N/A
	**N/A **	N/A

The dividend or distribution plans shown below are in operation. N/A

The last date(s) for receipt of election notices for the dividend or distribution plans N/A

Any other disclosures in relation to dividends (distributions).

N/A

14.3 Significant features of operating performance

N/A

14.4 Segment Information

The Group has only one reportable segment, being the development and commercialisation of its unique 3D geospatial data technology.

14.5 Report on trends in performance

N/A

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Appendix 4E Preliminary final report Year ended 30 June 2019

• 14.6 Report any factors which have affected the results during the reporting period or which are likely to affect results in the future, including those where the effect could not be quantified.

N/A

15. Compliance statement

This report is based on accounts to which one of the following applies. (Tick one)

¨ The accounts have been audited. ¨ The accounts have been subject to review.

ü The accounts are in the process of ¨ The accounts have not yet been being audited or subject to review. audited or reviewed.

16. If the accounts have not yet been audited or subject to audit review and are likely to be subject to dispute or qualification, a description of the likely dispute or qualification:

N/A

17. If the accounts have been audited or subject to review and are subject to dispute or qualification, a description of the dispute or qualification:

N/A

Sign here: ............................................................ Date: 30 August 2019 (Director)

Print name: Ian Olson

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