Appendix 4E FY2023
Released
Released
Announcement PDF
Ava Risk Group Limited
ABN 67 064 089 318
and controlled entities
Appendix 4E Preliminary Final Report
For the year ended 30 June 2023
Lodged with the ASX under Listing Rule 4.3A
Registered Office:
10, Hartnett Close, Mulgrave VIC 3170 Australia
www.theavagroup.com
Ava Risk Group Limited
Appendix 4E Preliminary Final Report
ABN 67 064 089 318
Details of the reporting period and the previous corresponding period
Reporting period
Year Ended
30 June 2023
Previous Corresponding Periods
Year Ended
30 June 2022
Results for announcement to the market
Amount
of
change
2023
30 June
$000
2022
30 June
$000
Change
%
movement
Consolidated revenue from operations
up
54%
9,980
28,601
18,621
(Loss) after tax attributable to shareholders
up
59%
(392)
(1,054)
(662)
-
-
33,794
47
1,411
1,364
Profit from Discontinued operations
EBITDA*
up
3%
* Earnings from continuing operations before interest, tax, depreciation and amortisation (unaudited).
Dividends and Distributions
Current reporting period
Amount per share
cents
Nil
No dividends proposed.
Previous corresponding period
Amount per share
cents
13c
Special dividend
Record date
28 February 2022
Details of dividends/distribution reinvestment plan
The Company does not have a dividend reinvestment plan.
Net tangible assets per security
Net tangible asset backing per ordinary security
2023
2022
30 June
30 June
cents
cents
6.03c
Page 2
8.13c
Ava Risk Group Limited
Appendix 4E Preliminary Final Report
ABN 67 064 089 318
Control gained or lost over entities during the period
On 2 August 2022, the Group acquired 100 % of the following entity. Refer to Note 6 Business Combinations in the Consolidated Financial
Statements.
MTD Holdings Limited (GJD)
$000
Contribution to consolidated loss from ordinary activities after tax by the controlled entities to date in
the current period when control was acquired
Details of associates and joint venture entities
The Company did not have any associated entities or joint ventures during the period.
Other significant information
Refer to the Directors' Report for details on other significant matters and information regarding the Consolidated Entity.
Commentary on significant features of operating performance
Commentary on results is included in the attached Directors' Report and the accompanying Group Financial Statements.
Compliance Statement
Audit/review of accounts upon which this report is based
This report is based on accounts to which have been audited (refer attached financial statements).
The financial report contains an independent audit report which is unmodified.
Signature
Date:
Name:
Position:
28 August 2023
Neville Joyce
Company Secretary
Page 3
(479)
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