3D Metalforge : Appendix 4E Preliminary Financial Report

3D Metalforge Limited Appendix 4E Preliminary final report

	1. Company details
	Name of entity:	3D Metalforge Limited
	ABN:	53 644 780 281
	Reporting period:	For the year ended 31 December 2021
	Previous period:	For the year ended 31 December 2020
	2. Results for announcement to the market
only				$
	Up	100% to	956,335
	Revenues from ordinary activities
	Loss from ordinary activities after tax attributable to the owners	Up	993% To	(5,140,484)
	of 3D Metalforge Limited
	Loss for the year attributable to the owners of 3D Metalforge	Up	993% to	(5,140,484)
	Limited
	Dividends
useNo dividend has been declared or paid for the year ended 31 December 2021 (31 December 2020: $nil).

Brief explanation of any of the figures reported above

personal3D Metalforge Limited was incorporated on 1 October 2020. In February 2021, the Company completed the 100%

cquisition of ordinary shares of 3D Infra Pte Ltd ("3D Infra") and commenced trading on the ASX following a successful Initial Public Offering ('IPO'). The Appendix 4E and attached preliminary financial report includes the performance of

3D Infra from 17 February 2021, when the acquisition was completed.

Since listing on the ASX, the Group has been focused on expanding in Australia and Houston, continuing to c mmercialise the Group's offerings to leading companies such as Par Pacific and PSA as well as developing the Groups technology for example installing the new H-WAAM printer in the facility in the Port of Singapore.

The loss for the Group after providing for income tax, amounted to $5,140,484 (31 December 2020: loss $470,305).

	3. Net tangible assets
		Reporting		Previous
		period		period
		Cents		Cents
	Net tangible assets per ordinary security	(0.88)	3.85
For

3D Metalforge Limited Appendix 4E Preliminary final report

4. Control gained over entities

	Name of Entities		Date Control Gained / Loss
only
	Control Gained
	3DInfra Pte Ltd
	3D	Metalforge Pte Ltd		17 February 2021 for all entities
	3D	Matters Pte Ltd
	3D	Metalforge (USA) Pte Ltd
	3D	Metalforge LLC

$

Contribution of such entities to the Group's loss from ordinary activities before

useThere have been no other entities over which control has been gained during the period or previous reporting period.

income tax during the reporting period

(4,124,795)

Contribution of such entities to the Group's loss from ordinary activities before

income tax during the previous period

-

5. Loss of control over entities

personalThere have been no entities over which control has been lost during the period or previous reporting period.

6. Details of associates and joint venture entities

There were no associates or joint ventures during the period or previous reporting period.

7. Audit qualification or review

The financial statements are in the process of being audited.

Details of audit/review dispute or qualification (if any):

Not applicable

8. Attachments

Details of attachments (if any):

ForThe preliminary final report of 3D Metalforge Limited for the year ended 31 December 2021 is attached.

Signature:

___________________________

Matthew Waterhouse

Chairman, Managing Director and CEO Singapore

28 February 2022

For personal use only

3D Metalforge Limited and Its Controlled Entities

ABN 53 644 780 281

Preliminary Final Report

For the Year Ended 31 December 2021

3D Metalforge Limited

Consolidated Statement of Profit or Loss and Other Comprehensive Income For the year ended 31 December 2021

For personal use only

			Company
		Consolidated	1 Oct - 31
		31 Dec 2021	Dec 2020
	Note	$	$
Revenue	3	956,335	-
Other income	4	343,590	-
Interest income		671	18
Consulting fees		-	(207,146)
Cost of materials		(911,748)	-
Depreciation and amortisation expense		(1,052,290)	-
Employee expenses	5	(2,041,951)	-
Finance costs		(189,521)	(18)
Legal and professional fees		(709,986)	-
Listing costs		(4,079)	(107,608)
Share-based payments expense	12,13	(30,602)	(148,257)
Other expenses	5	(1,500,903)	(7,294)
Total Expenses		(6,441,080)	(470,323)
Loss before income tax expenses		(5,140,484)	(470,305)
Income tax expense			-
Loss after income tax for the year		(5,140,484)	(470,305)
Other comprehensive income for the year
Other comprehensive income, net of income tax		(97,257)	-
Total comprehensive loss for the year		(5,237,741)	(470,305)
Basic and diluted loss per share (cents)		(3.09)	(12.71)

The above statement should be read in conjunction with the accompanying notes

2

For personal use only

3D Metalforge Limited

Consolidated Statement of Financial Position

As at 31 December 2021

Assets

Current assets

Cash and cash equivalents

Trade and other receivables

Inventories

Prepayments

Other current assets

Total current assets

Non-current assets

Property, plant and equipment

Right-of-use asset

Intangible assets

Other receivables

Total non-current assets

Total assets

Liabilities

Current liabilities

Trade and other payables

Lease liabilities

Loans and borrowings

Total current liabilities

Non-current liabilities

Lease liabilities

Other payables

Loans and borrowings

Total non-current liabilities

Total liabilities

Net assets

Equity

Issued capital

Reserves

Accumulated losses

Total equity

	Consolidated	Company
	31 Dec 2021	31 Dec 2020
Note	$	$
	2,073,141	53,509
	377,061	510,761
	307,697	-
	327,832	-
6	689,924	-
	3,775,655	564,270
7	631,637	-
8	1,765,596	-
9	527,128	-
	280,184	-
	3,204,545	-
	6,980,200	564,270
	1,616,907	193,509
	591,838	-
10	1,299,297	-
	3,508,042	193,509
	1,200,435	-
	206,916	-
10	1,447,172	-
	2,854,523	-
	6,362,565	193,509
	617,635	370,761
11	36,043,609	692,809
12	(29,815,185)	148,257
	(5,610,789)	(470,305)
	617,635	370,761

The above statement should be read in conjunction with the accompanying notes

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