AI assistant
PRAEMIUM LIMITED — Earnings Release 2018
Aug 12, 2018
65606_rns_2018-08-12_ecbd5520-107e-483a-9ef1-b1094bf9956e.pdf
Earnings Release
Open in viewerOpens in your device viewer
Appendix 4E
Rule 4.3A
Appendix 4E
Preliminary Final Report – Results for Announcement to the Market
Name of entity
PRAEMIUM LIMITED
ABN 74 098 405 826
1. Reporting period:
| 1. Reporting period: | |
|---|---|
| Report for the financial year ended: | 30 June 2018 |
| Previous corresponding period is the financial year ended: | 30 June 2017 |
2. Results for announcement to the market:
Revenues from ordinary activities ( item 2.1 ) up 23.8% to $42,193,434
Net Profit before income tax expense up 120.9% to $4,902,617
Profit from ordinary activities after tax attributable up 105.5% to $1,414,541 to members ( item 2.2 ) Net Profit for the period attributable to members up 3,557.20% to $1,717,678 ( item 2.3 )
| Dividends (**item 2.4) ** | Amount per security |
Franked amount per security |
|---|---|---|
| Interim dividend | -cents | -cents |
| Final dividend | -cents | -cents |
| Record datefordetermining entitlements to the dividend (item 2.5) | ||
| Brief explanation of any of the figures reported above necessary to enable the figures to be understood (item 2.6): |
3. Statement of Comprehensive Income
Refer attached audited financial report
4. Statement of Financial Position
Refer attached audited financial report
5. Statement of Changes in Equity
Refer attached audited financial report
6. Statement of Cash Flows
Refer attached audited financial report
Page 1/3
Appendix 4E
Appendix 4E
7. Dividends ( item 7 ):
| Interim dividend-year ended 30 June 2018 Final dividend-year ended 30 June 2018 Amount per security |
Date of payment | Total amount of dividend | ||
|---|---|---|---|---|
| Interim dividend-year ended 30 June 2018 | N/A | $0.00 | ||
| Final dividend-year ended 30 June 2018 | N/A | $0.00 | ||
| Amount per security |
Franked amount per security |
Amount per security of foreign sourced dividend |
||
| Total dividend: Current Year | -cents | -cents | -cents | |
| Total dividend: Previous Year | -cents | -cents | -cents |
8. Details of dividend or distribution reinvestment plans in operation are described below (item 8):
| Not applicable. | ||||
|---|---|---|---|---|
| The last date(s) for receipt of election notices for participation in distribution reinvestment plan |
the dividend or | Not applicable. | ||
| 9. Statement of retained earnings (item 9) | ||||
| Consolidated Entity | 2018 | 2017 | ||
| Balance at the beginning of the year | (47,707,331) | (48,395,595) | ||
| Net profit (loss) attributable to members of the parent entity | 1,414,541 | 688,269 | ||
| Adjustment on introduction to Australian Equivalent to IFRS | ||||
| Total available for appropriation | ||||
| Dividends paid | ||||
| Lapsing of Options | 35 | (5) | ||
| Balance at end of year | (46,292,755) | (47,707,331) | ||
| 10. Net tangible assets per security**(item10) ** | ||||
| Current period | Previous corresponding period |
|||
| Net tangible asset backing per ordinarysecurity | $0.035 | $0.032 |
11. Details of entities over which control has been gained or lost during the period: ( item 11 )
Control gained over entities/acquisitions
| Name of entities | Date(s) of gain of control |
|---|---|
| Not applicable |
Loss of control of entities/Disposals
| Name of entities | **Date(s) of loss of control ** |
|---|---|
| Not applicable |
12. Details of associates and joint venture entities ( item 12 )
| Name of associate or joint venture entity(item 12.1) | % Securities held(item 12.2) |
|---|---|
| Not applicable |
Aggregate share of profits (losses) of associates and joint venture entities ( item 12.3 ): Not applicable
Page 2/3
Appendix 4E
Appendix 4E
13. Details significant information relating to the entity’s financial performance and financial position.
Refer attached audited financial report
14. This item relates to foreign entities and is not applicable to the company ( item 14 ): Not applicable
15. Commentary on the results for the period ( item 15 ) .
Refer attached audited financial report for detailed commentary on the results for the period.
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. The preliminary financial report is a general purpose financial report that has been prepared in accordance with Australian Accounting Standards, including Australian Accounting Interpretations, other authoritative pronouncements of the Australian Accounting Standards Board and the Corporations Act 2001.
The preliminary financial report covers the consolidated group of Praemium Limited and its controlled entities. Praemium Limited is a listed public company, incorporated and domiciled in Australia. The preliminary financial report of Praemium Limited and its controlled entities complies with all International Financial Reporting Standards (IFRS) in their entirety.
Reporting Basis and Conventions
The preliminary financial report has been prepared on an accruals basis and is based on historical costs modified by the revaluation of selected non-current assets, and financial assets and financial liabilities for which the fair value basis of accounting has been applied.
15. Audit of the financial report ( item 15 )
Refer attached audited financial report.
16. Are the audited accounts subject to review and are subject to dispute or qualification? ( Item 16 )
No.
Sign here:
Date: 13 August 2018
==> picture [168 x 64] intentionally omitted <==
Print name: Paul Gutteridge (CFO & Company Secretary)
Page 3/3
Appendix 4E