Titomic : FY22 Appendix 4D and Half-Year Financial Statements

APPENDIX 4D

For personal use only

1. COMPANY DETAILS

Name of Entity	Titomic Limited
ABN	77 602 793 644
Half-Year Ended	31 December 2021
Previous Period	31 December 2020

2. RESULTS FOR ANNOUNCEMENT TO THE MARKET

Revenue from Ordinary Activities

Up

478.5%

to

$2,309,755

Loss from ordinary activities after tax attributable

Up

7.9%

to

($7,511,182)

to the Owners of Titomic Limited

Loss for the half-year attributable to the Owners of Titomic Limited Up

7.9%

to

($7,511,182)

3. NET TANGIBLE ASSETS

Reporting period

Previous period

Cents

Cents

Net Tangible Assets per Ordinary Security

6.08

6.37

4. CONTROL GAINED OVER ENTITIES

Name of entity

Dycomet Europe B.V.

Date control acquired

30 November 2021

Name of entity

Tri-D Dynamics Inc.

Date control acquired

09 July 2021

$

Contribution of such entities to the reporting entity's profit/(loss) from ordinary		(371,126)
activities before income tax during the period (where material)
Profit/(loss) from ordinary activities before income tax of the controlled entity
	-
(or group of entities) for the whole of the previous period (where material).

5. AUDIT QUALIFICATION OR REVIEW

The financial statements were subject to a review by the auditors and the review report is attached as part of the Interim Report.

APPENDIX 4D

For personal use only

6. EXPLANATION OF RESULTS

Refer to the Directors' Report.

7. ATTACHMENTS

The Interim Report of Titomic Limited for the half-year ended 31 December 2021 is attached.

8. SIGNED

Humphrey Nolan

Chairman

28 February 2022

For personal use only

For the half year ended 31 December 2021

CONTENTS

Corporate directory

1

For personal use only

Directors' report	2
Auditors' independence declaration	6
Consolidated statement of profit or loss and other comprehensive income	7
Consolidated statement of financial position	8
Consolidated statement of changes in equity	9
Consolidated statement of cash flows	10
Notes to the consolidated financial statements	11
Directors' declaration	24
Independent auditors' review report	25

General information

The financial statements cover Titomic Limited as a Consolidated entity consisting of Titomic Limited and the entities it controlled at the end of, or during, the half-year. The financial statements are presented in Australian dollars, which is Titomic Limited's functional and presentation currency.

Titomic Limited is a listed public company limited by shares, incorporated and domiciled in Australia. Its registered office and principal place of business is:

Ground Floor, 365 Ferntree Gully Road

Mount Waverley Victoria 3149 AUSTRALIA

A description of the nature of the Consolidated entity's operations and its principal activities are included in the Directors' report, which is not part of the financial statements.

The financial statements were authorised for issue, in accordance with a resolution of Directors, on 28 February 2022.

CORPORATE DIRECTORY

DIRECTORS

only
Mr Humphrey Nolan
	(Independent Non-Executive Chairman)
	Mr Jeffrey Lang
	(Executive Director)
	Mr Dag W.R Stromme
	(Independent Non-Executive Director)
use	Ms Mira Ricardel
(Independent Non-Executive Director)
Mr Richard Willson
	(Independent Non-Executive Director)
	Mr Herbert Koeck
	(Managing Director)
	Dr Andreas Schwer
	(Independent Non-Executive Director)
personal	COMPANY SECRETARY
Mr Richard Willson
	PRINCIPAL PLACE OF BUSINESS
	Ground Floor, 365 Ferntree Gully Road
	Mount Waverley, Victoria 3149 AUSTRALIA
	Ph: 03 9558 8822
	REGISTERED OFFICE IN AUSTRALIA
	Ground Floor, 365 Ferntree Gully Road
For	Mount Waverley, Victoria 3149 AUSTRALIA
Ph: 03 9558 8822

WEBSITE

www.titomic.com

SHARE REGISTRY

COMPUTERSHARE

GPO Box 3224

Melbourne VIC 3001

AUSTRALIA

AUDITORS

BDO AUDIT PTY LTD

Tower 4, 727 Collins Street

Docklands VIC 3008

AUSTRALIA

SOLICITORS

K&L GATES

GPO Box 4388

Melbourne VIC 3001

AUSTRALIA

BANKERS

NATIONAL AUSTRALIA BANK

Level 2 330 Collins Street

Melbourne VIC 3000

AUSTRALIA

SECURITY QUOTED

AUSTRALIAN SECURITIES EXCHANGE

Ordinary Fully Paid Shares (Code: TTT)

Listed Options (Code: TTTO)

1