Patrys : Appendix 4D - Half Year Accounts - 31 December 2021

For personal use only

PATRYS LIMITED

ABN 97 123 055 363

APPENDIX 4D HALF YEAR REPORT

FOR THE SIX MONTHS ENDED 31 DECEMBER 2021

PROVIDED TO THE ASX UNDER LISTING RULE 4.2A.3

Patrys Limited

Appendix 4D

Half-year report

	1. Company details
	Name of entity:	Patrys Limited
	ABN:	97 123 055 363
only	For the half-year ended 31 December 2021
	Reporting period:
	Previous period:	For the half-year ended 31 December 2020
	2. Results for announcement to the market
						$
	Revenues from ordinary activities		up	671.1%	to	1,654,970
use
	Loss from ordinary activities after tax attributable to the Owners of Patrys
	Limited		up	125.0%	to	(4,509,693)
	Lo for the half-year attributable to the Owners of Patrys Limited	up	125.0%	to	(4,509,693)
				31 December 31 December
					2021	2020
					Cents	Cents
	Basic loss per share				(0.24)	(0.14)
personalterm deposits of $2,001,984 at 31 December 2021 (30 June 2021: $4,000,000). The working capital position as at 31
	Diluted earnings per share				(0.24)	(0.14)

Dividends

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

Comments

The loss for the Group after providing for income tax amounted to $4,509,693 (31 December 2020: $2,004,257).

During the period, the Group had total revenue of $1,654,970 (31 December 2020: $214,623), consisting of R&D incentive

income of $1,636,183 (31 December 2020: $82,324) licensing revenue of $13,750 (31 December 2020: $13,750), interest

income of $5,037 (31 December 2020: $1,549) and government grants and incentives nil (31 December 2020: $117,000).

The Group's research and development expenditure during the half-year was $5,206,939 (31 December 2020: $1,003,971). This includes direct research and development activities associated with pre-clinical and manufacturing work, as well as wages, salaries and other overheads associated with research and development.

Cash and cash equivalents at 31 December 2021 was $10,762,741 (30 June 2021: $6,916,604). In addition, the Group had

December 2021 of the Group results in an excess of current assets over current liabilities of $14,884,512 (30 June 2021: $11,554,489).

For3. Control gained over entities

Not applicable.

4. Loss of control over entities Not applicable.

Patrys Limited

Appendix 4D

Half-year report

5. Dividends

Current period

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

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

6. Dividend reinvestment plans N t applicable.

use7. Details of associates and joint venture entities Not applicable.

8. Foreign entities

Details of origin of accounting standards used in compiling the report: personalNot applicable.

9. Audit qualification or review

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

The financial statements were subject to a review by the auditors and the review report is attached as part of the Half-year financial report.

10. Attachments

D tails of attachments (if any):

The financial report of Patrys Limited for the half-year ended 31 December 2021 is attached.

11. Signed

For	Date: 24 February 2022
Signed ___________________________

onlyPatrys Limited

ABN 97 123 055 363

useHalf-year financial report - 31 December 2021 personalFor

Patrys Limited

Contents

For the half-year ended 31 December 2021

Corporate directory

Directors' report

Auditor's independence declaration

Statement of profit or loss and other comprehensive income onlyStatement of financial position

Statement of changes in equity Statement of cash flows Notes to the financial statements Directors' declaration

I dependent auditor's review report to the members of Patrys Limited

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