Spirit Technology : Appendix 4D - Half Year Accounts

For personal use only

Appendix 4D

Half-year Report

31st December 2021

ASX:ST1

Spirit Technology Solutions Ltd

Appendix 4D

Half-year report

	1. Company details
	Name of entity:	Spirit Technology Solutions Ltd
only	73 089 224 402
	ABN:
	Reporting period:	For the half-year ended 31 December 2021
	Previous period:	For the half-year ended 31 December 2020
	2. Results for announcement to the market
					$'000
	R venue from ordinary activities	up	54%	to	65,886
	Underlying EBITDA*	down	5%	to	4,224
	Profit from ordinary activities after tax attributable to the owners of Spirit
useTechnology Solutions Ltd	down	99%	to	3
	Profit for the half-year attributable to the owners of Spirit Technology
personal	down	99%	to	3
	Solutions Ltd
	Dividends

There were no dividends paid, recommended or declared during the current financial period.

Comments

The profit for the Consolidated Entity after providing for income tax amounted to $3,000 (31 December 2020: $508,000).

Further details of the results for half year can be found in the 'Review of operations and financial position' section of the Directors' report in the attached Interim Report.

* EBITDA is a financial measure which is not prescribed by Australian Accounting Standards ('AAS') and represents the profit/(loss) under AAS adjusted for depreciation, amortisation, interest and tax. Underlying EBITDA is EBITDA adjusted to xclude business acquisition, divestment & integration costs, net fair value loss on remeasurement of contingent consideration on business combinations, business restructuring costs and share-based payments. Underlying EBITDA for the half-year ended 31 December 2021 also excludes profit on divestment of consumer assets. The Directors consider that these measures are useful in gaining an understanding of the performance of the entity, consistent with internal reporting.

	3. Net tangible assets
For	Reporting		Previous
period		period
Cents		Cents
	Net tangible assets per ordinary security	(2.45)	0.61

4. Control gained over entities

Not applicable.

Spirit Technology Solutions Ltd

Appendix 4D

Half-year report

5. Loss of control over entities

Not applicable. only6. Dividends

Current period

There were no dividends paid, recommended or declared during the current financial period.

Previous period

There were no dividends paid, recommended or declared during the previous financial period.

use7. Dividend reinvestment plans Not applicable.

personal8. Details of associates and joint venture entities Not applicable.

9. F reign entities

Details of origin of accounting standards used in compiling the report:

Not applicable.

10. Audit qualification or review

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

ForThe financial statements were subject to a review by the auditors and the review report is attached as part of the Interim Report.

11. Attachments

Details of attachments (if any):

The Interim Report of Spirit Technology Solutions Ltd for the half-year ended 31 December 2021 is attached.

Spirit Technology Solutions Ltd

Appendix 4D

Half-year report 12. Signed

personalForuse only	Date: 24 February 2022
Signed ___________________________
James Joughin
Non-Executive Chairman

onlySpirit Technology Solutions Ltd

ABN 73 089 224 402

useInterim Report - 31 December 2021 personalFor