Hipages : HPG Half Year Financial Report FY22 and Appendix 4D

Appendix 4D

hipages Group Holdings Limited ABN 67 644 430 839

onlyReporting period Previous reporting period

Results for announcement to market

useRevenue

Revenue from continuing ordinary activities

Total sales revenue

Total revenue

The half year ended 31 December 2021

The half year ended 31 December 2020

	31/12/2021		Change	31/12/2020
	A$'000	A$'000	%	A$'000
up	30,137	3,195	12%	26,942
up	30,137	3,195	12%	26,942
up	30,137	3,195	12%	26,942

personalReview of Operations
	Net loss for the period attributable to members	down	(830)	5,026	(86%)	(5,856)
	Net Tangible Assets			$ per share		$ per share
	Net tangible asset backing per ordinary security(1)	down	(0.037)	(0.193)	(124%)	0.156

Dividends

No dividend will be paid for the half year ended 31 December 2021

1. Net tangible assets represents Net asset less Right-of-Use assets, Intangible assets, and Deferred tax assets. The calculation is based upon the weighted average number of shares on issue during the period.

A review of the Group's operations during the half year ended 31 December 2021 and the results of those operations are included in the For31 December 2021 Directors' report.

Change in ownership of controlled entities and associates

Effective 8 December 2021, the Group acquired 100% of the issued share capital of the New Zealand domiciled MyQuote Limited, trading as Builderscrack for $11.8m funded through cash reserves and an equity component.

There were no other changes in ownership of controlled entities.

Effective 3 November 2021, the Group acquired 25% of the issued share capital of Bricks+Agent for $6.25m plus acquisition costs funded through cash reserves. Bricks+Agent is one of Australia's leading property management technology platforms.

hipages Group ● Appendix 4D >i

Appendix 4D

Dividend reinvestment plans

onlyThere are no dividend reinvestment plans in place.

Additional Appendix 4D disclosures

Additional Appendix 4D disclosure requirements can be found in the attached Consolidated interim financial report and the Directors report for the half year ended 31 December 2021.

The report is based on the Consolidated Interim Financial Report for the half year ended 31 December 2021 which has been reviewed by PwC with the independent Auditors Review Report included in the Interim financial report.

For usepersonal

1. > hipages Group ● Appendix 4D

hipages Group Holdings Limited onlyInterim Financial Report

for the half year ended 31 December 2021

ABN 67 644 430 839

For usepersonal

Directors' report (continued)

Contents
only
Directors' report �������������������������������������������������������������	1
Auditor's Independence Declaration �������������������������������	7
Consolidated Interim financial statements����������������������	8
	Consolidated statement of profit or loss �����������������	9
	Consolidated statement of
use	comprehensive income ��������������������������������������	10
	Consolidated statement of financial position ��������	11
personal
	Consolidated statement of changes in equity��������	12
	Consolidated statement of cash flows�������������������	13
	Section 1: Basis of preparation�����������������������������	14
	Section 2: Business performance �������������������������	16
	Section 3: Capital and financing���������������������������	19
	Section 4: Other disclosures���������������������������������	25
Directors' declaration ���������������������������������������������������	30
Independent auditor's review report to the
members of hipages Group Holdings Limited��������������	31
Corporate directory ������������������������������������������������������	33
For

1. > hipages Group ● Interim Financial Report 31 December 2021

Interim Financial Report 31 December 2021 ● hipages Group >

Oonagh McEldowney

Appointed 18 September 2020 - Resigned 6 August 2021

Andrew Whitten

Appointed 15 December 2020 - Resigned 30 November 2021

Kylie Quinlivan

Appointed 28 October 2021

Inese Kingsmill

Non-ExecutiveDirector

Appointed 1 October 2020

Nicholas Gray

Non-ExecutiveDirector

Appointed 2 October 2020

Stacey Brown

Non-ExecutiveDirector

Appointed 18 September 2020

Robert Sharon-Zipser

Appointed 18 September 2020

Co-founder,Chief Executive Officer and Director

Chris Knoblanche

Appointed 18 September 2020

Chairman and Non-ExecutiveDirector

Directors

personalThe names of the directors of hipages Group Holdings Limited in office during the period ended 31 December 2021 and until the date of this report are set out below. Directors were in office for this entire period unless otherwise stated.

Company secretary For

Directors' report

The Directors of hipages Group Holdings Limited present their report together with the consolidated financial statements of hipages Group Holdings Limited (referred to hereafter as hipages, the Company or the Group) consisting of hipages Group Holdings Limited and

onlythe entities it controlled at the end of, or during, the half year ended 31 December 2021 and the independent auditor's report thereon.

Company restructure

During the half year ended 31 December 2020 hipages Group Holdings Limited was incorporated on 18 September 2020 and became the parent company of hipages Group Pty Limited in a restructure where existing shareholders exchanged their shares in hipages Group Pty Limited for shares in the Company.

Prior to the restructure, hipages Group Pty Limited was the parent company of the Group. The restructure has been accounted for as a usecapital reorganisation and did not result in a business combination for accounting purposes. Financial information of the Company has

been presented as a continuation of hipages Group Pty Limited. Accordingly, the assets and liabilities continued to be recorded at their existing values in the Consolidated statement of financial position. In addition, the Consolidated statement of profit and loss for hipages Group Holdings Limited is a continuation of the existing Consolidated statement of profit an loss for hipages Group Pty Limited.

Prior period financial information contained within this report represents the consolidated historical financial information for hipages Group Pty Limited.

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