INFOMEDIA LTD Appendix 4D | 1
Infomedia Ltd and controlled entities
Appendix 4D | |||||||||
Interim report for the half-year ended 31 December 2021 | |||||||||
only | |||||||||
use | Results for announcement to the market | ||||||||
(All comparisons to half-year ended 30 December 2020) | |||||||||
31 December 2021 | Up / (Down) | Movement | |||||||
$'000 | $'000 | % | |||||||
Revenue from ordinary activities | 58,955 | 11,266 | 24% | ||||||
Reported net profit from ordinary activities after | |||||||||
income tax attributable to shareholders | 3,500 | (5,831) | (62%) | ||||||
personal | Net profit for the period attributable to shareholders | 3,500 | (5,831) | (62%) | |||||
Dividend information | |||||||||
Franked amount | |||||||||
Amount per share | per share | Franking credit | |||||||
cents | cents | ||||||||
2021 Final dividend per share paid during the half-year | 2.30 | 1.61 | 70% | ||||||
ended 31 December 2021 | |||||||||
2022 Interim dividend per share | 2.60 | 1.82 | 70% | ||||||
Interim dividend dates | |||||||||
Ex-dividend date | 3 March 2022 | ||||||||
Record date | 4 March 2022 | ||||||||
Payment date | 22 March 2022 | ||||||||
The Company's Dividend Reinvestment Plan ('DRP') has been suspended since 31 October 2019. | |||||||||
For | Net tangible assets | ||||||||
31 December 2021 | 31 December 2020 | ||||||||
cents | cents | ||||||||
Net tangible assets per ordinary share(a) | 19.31 | 25.55 | |||||||
(a) The net tangible assets ('NTA') per ordinary share as at 31 December 2021 is calculated as net assets adjusted for intangible assets including goodwill, right-of-use assets, lease liabilities and net deferred tax liabilities.
Other information
The Company did not gain or lose control of any entities during the period and did not maintain any joint venture interests.
Appendix 4D | 2
Other information (continued)
onlyAdditional Appendix 4D disclosure requirements (including explanation of the figures reported above) can be found in the Interim Report for the half-year ended 31 December 2021 which contains the directors' report and the 31 December 2021 financial statements and accompanying notes.
This report is based on the consolidated financial statements which have been reviewed by Deloitte Touche Tohmatsu, with an unqualified review report issued.
For usepersonal
onlyI fomedia Ltd
ABN 63 003 326 243
useInterim Report - 31 December 2021 personalFor
Infomedia Ltd
Contents
For the half-year ended 31 December 2021
Directors' report
Auditor's independence declaration
Condensed consolidated statement of profit or loss and other comprehensive income Condensed consolidated statement of financial position
onlyCondensed consolidated statement of changes in equity Condensed consolidated statement of cash flows Notes to the condensed consolidated financial statements Directors' declaration
I dependent auditor's review report to the members of Infomedia Ltd
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Infomedia Ltd
Directors' report
For the half-year ended 31 December 2021
The directors present their report, together with the financial statements, of the consolidated entity (referred to hereafter as the 'Group' or 'Infomedia') consisting of Infomedia Ltd (referred to hereafter as the 'Company' or 'parent entity') and the entities it controlled at the end of, or during, the half-year ended 31 December 2021.
onlyDirectors
The following persons were directors of Infomedia Ltd during the whole of the financial half-year and up to the date of this report, unless otherwise stated:
Bart Vogel
J nathan Rubinsztein
Jim Hassell
Kim Anderson useAnne O'Driscoll
Principal activities
Infomedia Ltd (ASX: IFM) is an Australian-based SaaS platform provider in parts, service, e-commerce and data analytics sol tions to the global automotive industry. Infomedia has led innovation in aftersales technology within global automotive distribution networks for more than 25 years and continues to expand its reach within the three regions in which it operates.
The company's platforms support customers to meet their key objectives to sell more branded parts and retain customer loyalty to their brands through competitive pricing and elevated customer service.
The company is headquartered in Sydney, NSW (Australia) with regional offices in Melbourne, VIC (Australia), Cambridge (U ited Kingdom), Cologne (Germany), Atlanta, GA (USA) and Plymouth, MI (USA) serving the aftersales segment of global automakers and their aligned distributors.
There were no significant changes in these activities during the first half of the 2021/2022 financial year (FY22).
Dividends | |||
Consolidated | |||
Dividends paid during the financial half-year were as follows: | 31 Dec 2021 | 31 Dec 2020 | |
$'000 | $'000 | ||
Final dividend for the year ended 30 June 2021 (30 June 2020) | 8,643 | 8,051 | |
On 25 February 2022, the directors declared a 70% franked interim dividend of 2.60 cents per share to be paid on 22 | |
personal | |
March 2022. As this occurred after the reporting date, the dividends declared have not been recognised in this | |
financial report. | |
Financial and Operating Review | |
For | 1 |
Inf media delivered a strong financial result for the six months ended 31 December 2021 (1H22) driven by sales growth in core products and good contribution from our latest acquisition, SimplePart, which is included for the full six months.
Revenue in 1H22 was $59.0 million, up 24% on the previous corresponding period (pcp) with underlying cash EBITDA up 45% pcp to $13.3 million.
Revenue growth for the Group, excluding SimplePart, was up 7% pcp, with underlying cash EBITDA excluding SimplePart, up 25% pcp.
- Infomedia uses certain non-IFRS measures that are useful in understanding the company's operating performance. These are consistent with the internal measures disclosed in Infomedia's Operating Segment Note (note 3 to the interim financial report) and are directly reconciled to the company's statutory reported IFRS financial
information within note 3.
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Infomedia Ltd. published this content on 24 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 February 2022 22:06:22 UTC.
