VINYL GROUP LTD — Interim / Quarterly Report 2015

Oct 30, 2014

ASX CODE: MBO

==> picture [175 x 109] intentionally omitted <==

ASX ANNOUNCEMENT AND MEDIA RELEASE

Date: 31 October 2014

**Mobilarm

on
path
to
record
year**

• Record
  order
  performance
  of
  $3.9M
  for
  the
  quarter.

• Revenues
  and
  receipts
  from
  customers
  of
  $1.8M
  each.

Global
marine
safety
equipment
provider
Mobilarm
Limited
(ASX:
MBO)
today
reported
first
quarter
orders reached
$3,813,198,
along
with
revenues
of
$1,777,796
and
receipts
from
customers
of
$1,826,145.
The
order total
represents
a
54%
increase
from
last
year.
The
Company
had
receipts
from
customers
for
the
three-­‐month period
ended
30
September
2014
of
$1,826,145,
a
28%
increase
over
the
same
quarter
last
year.

Mobilarm
Chief
Executive
Officer
Ken
Gaunt
commented:
“We
had
a
stellar
first
quarter
to
start
the
year.
We continue
to
grow
the
rental
book
on
a
quarterly
basis.

This
builds
the
long-­‐term
recurring
cash
flows
for
the business.
We
continue
to
augment
our
rentals
with
a
number
of
outright
purchase
sales
and
increasing
service revenues, properly
balancing
the
results
for
the
business.

Our
latest
generation
products
have
been
proven
to be
market
leaders
and
our
rental
model
is
a
proven
solution
for
customers
and
for
the
Company.
Our
focus
now is
to
accelerate
our
growth
to
meet
the
market’s
needs.
Our
pipeline
going
to
the
rest
of
the
year
is
very
strong which
will
deliver
both
a
profitable
and
record
year.”

Mobilarm
Chief
Financial
Officer
Jorge
Nigaglioni
commented:
“Our
first
quarter
set
the
Company
to
achieve
its profitable
goal
for
the
year.

We
exit
the
quarter
with
a
$3.2M
rental
book
that
will
yield
approximately $640,000
in
revenue
per
annum.
We
also
have
a
backlog
of
purchase
and
service
orders
of
over
$600,000
that will
be
delivered
during
our
second
quarter,
in
addition
to
the
orders
taken
during
the
second
quarter.
We
also purchased
more
stock
during
this
quarter
to
deliver
on
our
existing
rental
commitments
and
future
pipeline
of opportunities.
The
first
quarter
was
not
a
one
off
result.

As
we
keep
growing
our
business,
our
results
will continue
to
improve.
Each
new
rental
contract
improves
our
future
quarters
performance.”

Our
results
for
the
quarter
and
our
ongoing
rental
results
are
outlined
in
the
following
table:

	Orders Received in Prior Periods, not shipped nor amortised.	Orders booked during the period to date	Orders shipped during the period to date	Portion of Rental or Service Order amortised during the period to date	Ending Order Book at Period End
Outright Purchases	$87,182	$1,865,094	($1,460,988)		$491,288
Rentals	$1,503,483	$1,851,272		($144,997)	$3,209,758
Service Orders	$98,919 $1,515,220	$185,044 $3,901,410	($1,460,988)	($171,811) ($316,808)	$112,152 $3,813,198
Total
			($1,460,988)	($316,808) $1,777,796
				$1,826,145

TEL. +61 8 9315 3511 MOBILARM LIMITED (ABN 15 106 513 580) FAX. +61 8 9315 3611 38 GUTHRIE STREET PO BOX 1837 OSBORNE PARK 6916 WESTERN AUSTRALIA WWW.MOBILARM.COM INFO@MOBILARM.COM

-­‐Ends-­‐

Further details

Ken Gaunt Chief Executive Officer

Email: keng@mrtsos.com Tel.: +61 417 961 770 Tel.: +44 782 731 4442 www.mobilarm.com

MOBILARM MEDIA ANNOUNCEMENT

2

Appendix 4C Quarterly report for entities admitted on the basis of commitments

Rule 4.7B

Appendix 4C

Quarterly report for entities admitted on the basis of commitments

Introduced 31/3/2000. Amended 30/9/2001

Name of entity

Mobilarm Limited

ABN 15 106 513 580	Quarter ended (“current quarter”)
15 106 513 580	30 September 2014

Consolidated statement of cash flows

	Consolidated statement of cash flows
	Cash flows related to operating activities 1.1 Receipts from customers 1.2 Payments for (a) staff costs (b) advertising & marketing (c) research & development (d) leased assets (e) Other working capital 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes (paid)/received 1.7 Rental recoveries 1.7 Purchases of inventory Net operating cash flows	Current quarter $	Year to Date (3 Months) $
		1,826,145 (548,857) (23,412) (21,301) - (657,498) - 858 (724) - - (967,031)	1,826,145 (548,857) (23,412) (21,301) - (657,498) - 858 (724) - - (967,031)
		(391,820)	(391,820)

• See chapter 19 for defined terms.

30/9/2001

Appendix 4C Page 1

Appendix 4C Quarterly report for entities admitted on the basis of commitments

	Current quarter $	Year to Date (3 Months) $
1.8 Net operating cash flows (carried forward)	(391,820)	(391,820)
Cash flows related to investing activities 1.9 Payment for acquisition of: (a) Net cash acquired on acquisition( item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) other non-current assets 1.10 Proceeds from disposal of: (a) businesses (item 5) (b) equity investments (c) intellectual property (d) physical non-current assets (e) other non-current assets 1.11 Loans to other entities 1.12 Loans repaid by other entities 1.13 Other (provide details if material) Net investing cash flows 1.14 Total operating and investing cash flows	- - - (9,970) - - - - - - - - -	- - - (9,970) - - - - - - - - -
	(9,970)	(9,970)
	(401,789)	(401,789)
Cash flows related to financing activities 1.15 Proceeds from issues of shares, options, etc. 1.16 Proceeds from sale of forfeited shares 1.17 Proceeds from borrowings 1.18 Repayment of borrowings 1.19 Dividends paid 1.20 Share issue expenses Net financing cash flows	- - 140,456 - - -	- - 140,456 - - -
	140,456	140,456
Net increase (decrease) in cash held 1.21 Cash at beginning of quarter/year to date 1.22 Exchange rate adjustments to item 1.20 1.23 Cash at end ofquarter	(261,333) 890,436 -	(261,333) 890,436 -
	629,103	629,103

• See chapter 19 for defined terms.

Appendix 4C Page 2

30/9/2001

Appendix 4C Quarterly report for entities admitted on the basis of commitments

Payments to directors of the entity and associates of the directors Payments to related entities of the entity and associates of the related entities

1.24 1.25	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.11	Current quarter $A
		(137,598)
		-

• 1.24 Aggregate amount of payments to the parties included in item 1.2 1.25 Aggregate amount of loans to the parties included in item 1.11

• 1.26 Explanation necessary for an understanding of the transactions Payments were for salaries and director fees and travel.

Non-cash financing and investing activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows

The Company has equity investments with a value of $590,982 as at 30 September 2014 that can be converted to cash as part of a convertible note facility. The final realised value is to be determined at the time of the sale. The convertible note expires on the 7[th] of March 2015 and carries an interest rate of 6.0%. The note is convertible by the noteholder upon giving the Company thirty days notice at the lower of $0.04 per share or the price of any new Entitlements Issue. The note can be converted by the Company at the expiration date at a price that equals 80% of the trailing 30 day VWAP at the time of expiry.

• 2.2 Details of outlays made by other entities to establish or increase their share in businesses in which the reporting entity has an interest

Nil

Financing facilities available

Add notes as necessary for an understanding of the position. (See AASB 1026 paragraph 12.2).

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A	Amount used $A
	$590,982	$590,982
	-	-

• See chapter 19 for defined terms.

30/9/2001

Appendix 4C Page 3

Appendix 4C Quarterly report for entities admitted on the basis of commitments

Reconciliation of cash

Reconciliation of cash
Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $A	Previous quarter $A
4.1 Cash on hand and at bank 4.2 Deposits at call 4.3 Bank overdraft 4.4 Deposits securing guarantees	580,886	842,219
	-	-
	-	-
	48,217	48,217
Total: cash at end of quarter(item 1.22)	629,103	890,436

Acquisitions and disposals of business entities

5.1 Name of entity 5.2 Place of incorporation or registration 5.3 Consideration for acquisition or disposal 5.4 Total net assets 5.5 Nature of business	Acquisitions (Item 1.9(a))	Disposals (Item 1.10(a))
	Nil	Nil

Compliance statement

• 1 This statement has been prepared under accounting policies, which comply with accounting standards as defined in the Corporations Act (except to the extent that information is not required because of note 2) or other standards acceptable to ASX.

• 2 This statement does give a true and fair view of the matters disclosed.

Sign here: Director Date: 31 October 2014 Print name: Jorge Nigaglioni

• See chapter 19 for defined terms.

Appendix 4C Page 4

30/9/2001

Appendix 4C Quarterly report for entities admitted on the basis of commitments

Notes

1. The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

2. The definitions in, and provisions of, AASB 1026: Statement of Cash Flows apply to this report except for the paragraphs of the Standard set out below.

3. 6.2 - reconciliation of cash flows arising from operating activities to operating profit or loss

4. • 9.2 - itemised disclosure relating to acquisitions • 9.4 - itemised disclosure relating to disposals • 12.1(a) - policy for classification of cash items • 12.3 - disclosure of restrictions on use of cash • 13.1 - comparative information

5. Accounting Standards. ASX will accept, for example, the use of International Accounting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

6. See chapter 19 for defined terms.

30/9/2001

Appendix 4C Page 5