SIMBLE SOLUTIONS LIMITED — Interim / Quarterly Report 2020

Oct 14, 2020

Appendix 4C

Quarterly cash flow report for entities subject to Listing Rule 4.7B

Name of entity
Simble Solutions Limited
ABNQuarter ended ("current quarter")
17 608 419 656	30 September 2020

Consolidated statement of cash flows		Current quarter$A'000	Year to date(9months)$A'000
1.	Cash flows from operating activities
1.1	Receipts from customers	256	1,161
1.2	Payments for
	(a)research and development	0	0
	(b)product manufacturing and operatingcosts	(96)	(406)
	(c)marketplace and channel expansion	(49)	(184)
	(d)leased assets	-	-
	(e)staff costs	(38)	(162)
	(f)administration and corporate costs	(176)	(499)
1.3	Dividends received (see note 3)	-	-
1.4	Interest received	-	-
1.5	Interest and other costs of finance paid	-	-
1.6	Income taxes paid	-	-
1.7	Government grants and tax incentives	290	339
1.8	Other (provide details if material)Retirement of prior liabilities
	(a) marketplace and channel expansion	-	-
	(b) staff costs	-	-
	(c)administration and corporate costs	(113)	(354)
1.9	Net cash from / (used in) operatingactivities	74	(105)

2.		Cash flows from investing activities
2.1		Payments to acquire:
	(a)	entities	-
	(b)	businesses	-
	(c)	property, plant and equipment	-

		Consolidated statement of cash flows	Current quarter$A'000	Year to date(9months)$A'000
	(d)	investments	-	-
	(e)	Payments for software development,net of research and development taxoffsets	(97)	(658)
	(f)	other non-current assets	-	-
2.2		Proceeds from disposal of:
	(a)	entities	-	-
	(b)	businesses	20	20
	(c)	property, plant and equipment	-	-
	(d)	investments	-	-
	(e)	intellectual property	-	-
	(f)	other non-current assets	-	-
2.3		Cash flows from loans to other entities	-	-
2.4		Dividends received (see note 3)	-	-
2.5		Other (provide details if material)	-	-
2.6		Net cash from / (used in) investingactivities	(77)	(638)

3.	Cash flows from financing activities
3.1	Proceeds from issues of equity securities(excluding convertible debt securities)	-	597
3.2	Proceeds from issue of convertible debtsecurities	-	-
3.3	Proceeds from exercise of options	-	-
3.4	Transaction costs related to issues ofequity securities or convertible debtsecurities	-	-
3.5	Proceeds from borrowings	-	-
3.6	Repayment of borrowings	(55)	(212)
3.7	Transaction costs related to loans andborrowings	(8)	(8)
3.8	Dividends paid	-	-
3.9	Other (provide details if material)	-	-
3.10	Net cash from / (used in) financingactivities	(63)	377

	Consolidated statement of cash flows	Current quarter$A'000	Year to date(9months)$A'000
4.	Net increase / (decrease) in cash andcash equivalentsfor the period
4.1	Cash and cash equivalents at beginning ofperiod	434	734
4.2	Net cash from / (used in) operatingactivities (item 1.9 above)	74	(105)
4.3	Net cash from / (used in) investing activities(item 2.6 above)	(77)	(638)
4.4	Net cash from / (used in) financing activities(item 3.10 above)	(63)	377
4.5	Effect of movement in exchange rates oncash held
4.6	Cash and cash equivalents at end ofperiod	368	368

5.	Reconciliation of cash and cashequivalentsat the end of the quarter (as shown in theconsolidated statement of cash flows) to therelated items in the accounts	Current quarter$A'000	Previous quarter$A'000
5.1	Bank balances	318	384
5.2	Call deposits	50	50
5.3	Bank overdrafts
5.4	Securities on deposit	-	-
5.5	Cash and cash equivalents at end ofquarter (should equal item 4.6 above)	368	434

6.	Payments to related partiesof the entityand theirassociates	Current quarter$A'000
6.1	Aggregate amount of payments to related parties and theirassociates included in item 1	37
6.2	Aggregate amount of payments to related parties and theirassociates included in item 2	-

Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments

7. Financing facilities

• 7.2 Credit standby arrangements

7.	FinancingfacilitiesNote: the term "facility' includes all forms of financingarrangements available to the entity.Add notes as necessary for an understanding of thesources of finance available to the entity.	Total facilityamount at quarterend$A'000	Amount drawn atquarter end$A'000
7.1	Loan facilities	137	137
7.2	Credit standby arrangements
7.3	Trade Finance	200	0
7.4	Total financing facilities	337	137

7.5 Unused financing facilities available at quarter end 200

7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well.

Trade Finance facility to allow purchase of hardware for resale to meet increasing demand, and thereby managing payment cycle of creditors and then subsequent receipt of receivables. Lender: FIFO Capital. 2.65% per Month. Unsecured.

8.	Estimated cash available for future operating activities	$A'000
8.1	Net cash from / (used in) operating activities (Item 1.9)	74
8.2	Cash and cash equivalents at quarter end (Item 4.6)	368
8.3	Unused finance facilities available at quarter end (Item 7.5)	200
8.4	Total available funding (Item 8.2 + Item 8.3)	568
8.5	Estimated quarters of funding available (Item 8.4 divided byItem 8.1)	N/A

8.6 If Item 8.5 is less than 2 quarters, please provide answers to the following questions:

1. Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not?

Answer:

1. Has the entity taken any steps, or does it propose to take any steps, to raise further cash to fund its operations and, if so, what are those steps and how likely does it believe that they will be successful?

Answer:

1. Does the entity expect to be able to continue its operations and to meet its business objectives and, if so, on what basis?

Answer:

Compliance statement

• 1 This statement has been prepared in accordance with accounting standards and policies which comply with Listing Rule 19.11A.
• 2 This statement gives a true and fair view of the matters disclosed.

Date: 15 October 2020

Authorised by: By the Board