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STRAKER LIMITED Earnings Release 2021

May 24, 2021

65867_rns_2021-05-24_fa54d4c1-4c72-47bb-a559-9410d4c3410a.pdf

Earnings Release

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Appendix 4E

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25[th] May 2021

Straker Translations Limited

ARBN: 628 707 399 (incorporated in New Zealand)

Reporting period 12 months to 31 March 2021 Previous corresponding period 12 months to 31 March 2020

Results for announcement to the market

31 March 2021 Change Change
(000’s) (000’s) %
Revenues from ordinary activities NZ$31,322 NZ$3,586 up 13%
Net loss from ordinary activities NZ$6,016 NZ$3,494 up 139%
Net loss attributable to security NZ$6,016 NZ$3,494 up 139%
holders

The Company does not propose to pay a dividend and no dividends were declared or paid for the reporting period.

Net tangible assets per share was NZ$(0.16) per share at 31 March 2021 (31 March 2020: NZ$0.19 per share).

On 1 February 2021, Straker Translations Limited, the acquirer, obtained control of the assets and business of Lingotek, Inc. and transferred these into newly formed subsidiary Straker Lingotek LLC. Please refer to note 12 of the financial statements for further information.

For additional explanatory information and other Appendix 4E disclosure requirements please refer to Straker Translations Limited’s 2021 Annual Report.

This report is based on the 2021 Annual Financial Report, which has been audited by BDO. The audit report is included as part of this results announcement.

Authorised for release to the ASX by the Board of Straker Translations Limited.

Straker Translations (STG) NZ Company no. 1008867 ARBN: 628 707 399

Registered Address Level 2, 49 Parkway Drive Rosedale, Auckland 0632

www.strakertranslations.com [email protected]

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