Questus : Updated Appendix 4C Quarterly

1 February 2021

ASX Limited

Level 40 Central Park

152-158 St Georges Terrace

PERTH WA 6000

Updated Appendix 4C

Questus Limited (Questus or Company) (ASX code: QSS) released an Appendix 4C on 29 January 2021. The Appendix 4C as released, contained a typographical error at item 7.5 Total Financing Facilities.

Please find attached an Updated version of the Appendix 4C.

This announcement has been authorised by Director and Chief Financial Officer, Mr Graeme Goff.

ENDS

For further information please contact:

Graeme Goff Director

[phone]

Elizabeth Lee Company Secretary [phone]

Rule 4.7B

Appendix 4C

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

Name of entity

Questus Limited

ABN	Quarter ended ("current quarter")
26 100 460 035	31 December 2020

Consolidated statement of cash flows	Current quarter	Year to date
		$A'000	(.......months)
			$A'000
1.	Cash flows from operating activities
1.1	Receipts from customers	470	1,727
1.2	Payments for
	(a) research and development

1. product manufacturing and operating costs

	(c)	advertising and marketing
	(d)	leased assets
	(e)	staff costs	(344)	(857)
	(f) administration and corporate costs	(90)	(330)
1.3	Dividends received (see note 3)
1.4	Interest received
1.5	Interest and other costs of finance paid	(107)	(440)
1.6	Income taxes paid
1.7	Government grants and tax incentives
1.8	Other (provide details if material)
1.9	Net cash from / (used in) operating	(71)	100
	activities

2.	Cash flows from investing activities
2.1	Payments to acquire:
	(a)	entities
	(b)	businesses
	(c)	property, plant and equipment	-	(1)
	(d)	investments
	(e)	intellectual property
	(f)	other non-current assets

ASX Listing Rules Appendix 4C (01/12/19)	Page 1
+ See chapter 19 of the ASX Listing Rules for defined terms.

Appendix 4C

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

Consolidated statement of cash flows	Current quarter	Year to date
			$A'000	(.......months)
				$A'000
2.2	Proceeds from disposal of:
	(a)	entities
	(b)	businesses
	(c)	property, plant and equipment
	(d)	investments
	(e)	intellectual property
	(f)	other non-current assets
2.3	Cash flows from loans to other entities		8
2.4	Dividends received (see note 3)
2.5	Other (provide details if material)
2.6	Net cash from / (used in) investing	0	7
	activities

3. Cash flows from financing activities

1. Proceeds from issues of equity securities (excluding convertible debt securities)
2. Proceeds from issue of convertible debt securities

3.3 Proceeds from exercise of options

3.4 Transaction costs related to issues of equity securities or convertible debt securities

3.5	Proceeds from borrowings
3.6	Repayment of borrowings	(23)	(44)

3.7 Transaction costs related to loans and borrowings

3.8	Dividends paid
3.9	Other (provide details if material)
3.10	Net cash from / (used in) financing	(23)	(44)
	activities

4. Net increase / (decrease) in cash and cash equivalents for the period

4.1	Cash and cash equivalents at beginning of	666	509
	period
4.2	Net cash from / (used in) operating	(71)	100
	activities (item 1.9 above)
4.3	Net cash from / (used in) investing activities	0	7
	(item 2.6 above)

ASX Listing Rules Appendix 4C (01/12/19)	Page 2
+ See chapter 19 of the ASX Listing Rules for defined terms.

Appendix 4C

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

Consolidated statement of cash flows	Current quarter	Year to date
		$A'000	(.......months)
			$A'000
4.4	Net cash from / (used in) financing activities	(23)	(44)
	(item 3.10 above)

4.5 Effect of movement in exchange rates on cash held

4.6	Cash and cash equivalents at end of	572	572
	period

5.	Reconciliation of cash and cash	Current quarter	Previous quarter
	equivalents	$A'000	$A'000
	at the end of the quarter (as shown in the
	consolidated statement of cash flows) to the
	related items in the accounts
5.1	Bank balances	475	569
5.2	Call deposits	97	97
5.3	Bank overdrafts
5.4	Other (provide details)
5.5	Cash and cash equivalents at end of	572	666
	quarter (should equal item 4.6 above)

6.	Payments to related parties of the entity and their	Current quarter
	associates	$A'000
6.1	Aggregate amount of payments to related parties and their	385
	associates included in item 1
6.2	Aggregate amount of payments to related parties and their	0
	associates 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

The Company has engaged the services of Questus Securities Pty Ltd, a Director Related Entity to provide employee related services, and premises to the Company. The services include the provision of office premises, administration staff, compliance staff and directors.

ASX Listing Rules Appendix 4C (01/12/19)	Page 3
+ See chapter 19 of the ASX Listing Rules for defined terms.