Investor Presentaiton
NET PROFIT SUMMARY/ EBITDAF RECONCILATION
•
Revenue of $12.4m down 52% (Slide 8)
Net Profit Summary
EBITDAF Reconciliation
Total income (including grants) down 37% to $16.9m
Operating expenses of $44.9m up 21% (Slide 9)
EBITDAF loss of ($22.3m) versus ($6.1m) in prior year
Net loss for the period of ($29.4m) includes:
•
.
Depreciation and amortisation of $5.6m, up
$2.5m
Foreign exchange losses of ($1.3m) versus prior
year gain of $0.7m
No fair value measurement adjustments in the
current year
FY21
FY20
change
change
$000
$000
$000
%
Revenue
12,420
25,869
(13,449)
-52%
Other income (including grants)
4,476
922
3,554
385%
Total income
16,896
26,791
(9,895)
-37%
Operating expenses (excluding FX)
Percentage of operating revenue
Net foreign exchange gains/(losses)
Net finance income
(44,854)
(37,092)
(7,762)
-21%
-361%
-143%
(1,337)
718
(2,055)
-286%
247
257
(10)
-4%
Net profit before tax
Percentage of operating revenue
(29,048)
-234%
(9,326)
-36%
(19,722)
-211%
Income tax (expense)/benefit
(341)
(38)
(303)
-797%
Net (loss)/profit after tax
(29,389)
(9,364)
(20,025)
-214%
Add back (deduct): income tax expense (benefit)
341
38
303
797%
Add back (deduct): FX/finance income
1,090
(975)
2,065
212%
Add back: depreciation and amortisation¹
5,633
3,156
2,477
78%
Add back: fair value measurement²
EBITDAF
EBITDAF margin
1,056
(1,056)
-100%
(22,325)
(6,089)
(16,236)
-267%
-180%
-24%
1 Depreciation includes right-of-use assets (leased premises) under IFRS-16 (Leases) adoption of $1.1 million (FY20 $1 million)
2 Fair value remeasurement of contingent consideration on deferred consideration for InterplX acquisition added to EBITDAF as non-cash expense
7
serkoView entire presentation