IMDEX LIMITED

ABN 78 008 947 813

RESULTS COMMENTARY AND APPENDIX 4E

PRELIMINARY FINAL REPORT

FOR THE FINANCIAL YEAR ENDED

30 JUNE 2020

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Imdex Limited

ASX Appendix 4E

30 June 2020

Results for Announcement to the Market

For the Financial Year Ended 30 June 2020

Company Details

Name of Entity:

Imdex Limited

ASX Code:

IMD

ABN:

78 008 947 813

Current Reporting Period:

Financial Year ended 30 June 2020

Prior Reporting Period:

Financial Year ended 30 June 2019

Revenue and Net Profit

Change

2020

2019

Movement

%

$'000

$'000

Revenue from ordinary activities

Down

2%

237,691

243,655

Profit from ordinary activities after tax

Down

attributable to members

21%

21,758

27,608

Net profit attributable to members

Down

21%

21,758

27,608

Dividends Distribution

Franked

Amount per

amount per

Record date

security

security

Special dividend paid on 1 November 2019

18 October 2019

2.00 cents

0.86 cents

Interim dividend paid on 24 March 2020

10 March 2020

1.00 cents

0.43 cents

Final dividend payable on 13 October 2020

29 September 2020

0.70 cents

0.30 cents

Total distribution for the year

3.70 cents

1.59 cents

Earnings per security

2020

2019

Basic profit per share

5.64 cents

7.37 cents

Diluted profit per share

5.46 cents

7.01 cents

Net tangible assets (NTA) backing per ordinary security

20202019

Net tangible assets per security

35.57 cents

42.36 cents

Results commentary

Commentary on the results is contained in the media release and the results presentation dated 17 August 2020 accompanying this statement.

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Imdex Limited

ASX Appendix 4E

30 June 2020

1. Basis of Preparation

This Preliminary Final Report has been prepared in accordance with ASX Listing Rule 4.3A and the disclosure requirements of ASX Appendix 4E.

The accounting policies adopted in the preparation of the Financial Report are consistent with those adopted and disclosed in the Financial Report for the half-year ended 31 December 2019.

2. Details of Entities Over Which Control Has Been Gained or Lost

Control lost over entities

Name of entity (or group of entities)

Date control gained

Date control lost

2020

Reflex Do Brasil Serviços Para Mineração Ltda

31 December 2019

Flexidrill Limited

6 January 2020

Flexidrill Constructions Limited

6 January 2020

AMC North America Ltd

22 April 2020

Reflex Technology International Pty Ltd

19 September 2019

2019

Reflex Sweden AB

16 January 2019

Imdex Sweden AB

30 January 2019

3. Other Significant Information

As per the Financial Report

4. Information on Audit or Review

This preliminary final report is based on accounts which have been audited. The accounts contain an independent audit report that is not subject to a modified opinion, emphasis of matter or other matter paragraph.

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Disclaimer

Imdex Limited published this content on 16 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 August 2020 22:47:15 UTC