IMPELUS For personal use only
ASX ANNOUNCEMENT
19 January 2022
IMPELUS LIMITED JUNE 2021 QUARTERLY ACTIVITIES REPORT AND APPENDIX 4C
Highlights
- On 5 May 2021, Impelus Limited entered into a Deed o Company Arrangement. The Deed Proposal was received from Benelong Capital Partners Pty Ltd. A condition of the Deed Proposal by Benelong is that the shareholders of Impelus approve various resolutions including a change of the Board as well as the issue of shares to Benelong and its nominees.
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Cash and cash equivalents at the end of the June were $205,368 - a reduction of $64,063 from the previous quarter.
Principal Activities
Impelus Limited (ASX:IMS) is a technology led Digital Customer Acquisition company that is building out its Digital Performance Marketing (DPM) Platforms and infrastructure globally. This infrastructure employs its proprietary technology, tools and data assets in the UK, Australia and New Zealand to seamlessly connect and engage consumers with sought-after products, thereby enabling better customer accumulation at scale via digital channels and devices.
Impelus is expanding its catalogue of Digital Performance Marketing products to provide increased value and market opportunity to its clients and partners.
Businesses globally are urgently seeking to combat the growing complexities of marketing through digital channels - such as advertising fraud, viewability, transparency, brand safety and overall marketing spend wastage. Impelus empowers businesses, through its technology, engagement mechanics and data assets, to measure ROI (Return on Investment) for every dollar spent, thus minimising these complexities and simplifying digital customer acquisition.
Businesses can reach and acquire their best customers, at scale, through digital channels and, most importantly, by means of devices on which consumers choose to spend more and more of their time.
Payments to related parties of the entity and their associates
During June 2021 Quarter, Impelus has not paid any director's fees or superannuation.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Mr Madhukar Bhalla Company Secretary Impelus Limited mbhalla@iinet.net.au
IMPELUS LIMITED (ABN 089 805 416)
For personal use only
Appendix 4C
Quarterly cash flow report for entities
subject to Listing Rule 4.7B
Name of entity
Impelus Limited | |
ABN | Quarter ended ("current quarter") |
24 089 805 416 | 30 June 2021 |
Consolidated statement of cash flows | Current quarter | Year to date (12 | ||
$A'000 | months) | |||
$A'000 | ||||
1. | Cash flows from operating activities | |||
1.1 | Receipts from customers | 65 | 4,566 | |
1.2 | Payments for | |||
(a) | research and development | 0 | ||
(b) product manufacturing and operating | (4) | (3,322) | ||
costs | ||||
(c) | advertising and marketing | 0 | 0 | |
(d) | leased assets | 0 | 0 | |
(e) | staff costs | (142) | (1,124) | |
(f) administration and corporate costs | 16 | (529) | ||
1.3 | Dividends received (see note 3) | 0 | 0 | |
1.4 | Interest received | 0 | 0 | |
1.5 | Interest and other costs of finance paid | 0 | (118) | |
1.6 | Income taxes paid | 0 | 0 | |
1.7 | Government grants and tax incentives | 0 | 267 | |
1.8 | Other (provide details if material) | 0 | 0 | |
1.9 | Net cash from / (used in) operating | (64) | (260) | |
activities |
For personal use only
Consolidated statement of cash flows | Current quarter | Year to date (12 | ||
$A'000 | months) | |||
$A'000 | ||||
2. | Cash flows from investing activities | |||
2.1 | Payments to acquire or for: | |||
(a) | entities | 0 | 0 | |
(b) | businesses | 0 | 0 | |
(c) | property, plant and equipment | 0 | 0 | |
(d) | investments | 0 | 0 | |
(e) | intellectual property | 0 | (85) | |
(f) | other non-current assets | 0 | 0 | |
2.2 | Proceeds from disposal of: | |||
(a) | entities | 0 | 0 | |
(b) | businesses | 0 | 0 | |
(c) | property, plant and equipment | 0 | 0 | |
(d) | investments | 0 | 0 | |
(e) | intellectual property | 0 | 0 | |
(f) | other non-current assets | 0 | 0 | |
2.3 | Cash flows from loans to other entities | 0 | 0 | |
2.4 | Dividends received (see note 3) | 0 | 0 | |
2.5 | Other (provide details if material) | 0 | 0 | |
2.6 | Net cash from / (used in) investing | 0 | (85) | |
activities |
3. Cash flows from financing activities
3.1 Proceeds from issues of equity securities
(excluding convertible debt securities) | 0 | 0 | |
3.2 | Proceeds from issue of convertible debt | 0 | 0 |
securities | |||
3.3 | Proceeds from exercise of options | 0 | 0 |
3.4 | Transaction costs related to issues of | 0 | 0 |
equity securities or convertible debt | |||
securities | |||
3.5 | Proceeds from borrowings | 0 | 88 |
3.6 | Repayment of borrowings | 0 | (185) |
3.7 | Transaction costs related to loans and | 0 | 0 |
borrowings | |||
3.8 | Dividends paid | 0 | 0 |
For personal use only
Consolidated statement of cash flows | Current quarter | Year to date (12 | |
$A'000 | months) | ||
$A'000 | |||
3.9 | Finance Lease payment | 0 | (366) |
3.10 | Net cash from / (used in) financing | 0 | (463) |
activities |
4. Net increase / (decrease) in cash and cash equivalents for the period
4.1 Cash and cash equivalents at beginning of
period | 269 | 1,013 | |
4.2 | Net cash from / (used in) operating | (64) | (260) |
activities (item 1.9 above) | |||
4.3 | Net cash from / (used in) investing activities | 0 | (85) |
(item 2.6 above) | |||
4.4 | Net cash from / (used in) financing activities | 0 | (463) |
(item 3.10 above) |
4.5 Effect of movement in exchange rates on cash held
4.6 | Cash and cash equivalents at end of | 205 | 205 |
period |
5. | Reconciliation of cash and cash | Current quarter | Previous quarter |
equivalents | $A'000 | $A'000 | |
at the end of the quarter (as shown in the | |||
consolidated statement of cash flows) to the | |||
related items in the accounts | |||
5.1 | Bank balances | 205 | 269 |
5.2 | Call deposits | 0 | 0 |
5.3 | Bank overdrafts | 0 | 0 |
5.4 | Other (provide details) | 0 | 0 |
5.5 | Cash and cash equivalents at end of | 205 | 269 |
quarter (should equal item 4.6 above) |
6. | Payments to related parties of the entity and their | Current quarter |
associates | $A'000 | |
6.1 | Aggregate amount of payments to related parties and their | 0 |
associates included in item 1 | ||
6.2 | Aggregate amount of payments to related parties and their | 0 |
associates included in item 2 |
Note: if any amounts are shown in items 6.1 or 6.2, your quarterly activity report must include a description of, and an explanation for, such payments.
only
7. Financing facilities
Note: the term "facility' includes all forms of financing arrangements available to the entity.
Add notes as necessary for an understanding of the sources of finance available to the entity.
- Loan facilities
- Credit standby arrangements
- Personal Loan
- Total financing facilities
Total facility | Amount drawn at |
amount at quarter | quarter end |
end | $A'000 |
$A'000 | |
4,380 | 4,380 |
0 | 0 |
1,650 | 1,650 |
6,030 | 6,030 |
personal use
7.5 | Unused financing facilities available at quarter end | 0 |
7.6 Include in the box below a description of each facility above, including the lender, interest rate, maturity date and whether it is secured or unsecured. If any additional financing facilities have been entered into or are proposed to be entered into after quarter end, include a note providing details of those facilities as well.
- AUD$4,175,000 facility from Commonwealth Bank of Australia at 4.25% interest rate, maturing at 22/06/2022
- AUD$204,749 facility from Commonwealth Bank of Australia at 5.34% interest rate, maturing at 01/04/2021
- Director's loan $500,000 from chairman Mr Brendan Birthistle at 14.71% interest rate, maturing at 15/12/2021
- Director's loan $500,000 from chairman Mr Brendan Birthistle at 15.71% interest rate, maturing at 15/12/2022
- Director's loan $500,000 from chairman Mr Brendan Birthistle at 15.71% interest rate, maturing at 15/12/2022
- Director's loan $150,000 from chairman Mr Brendan Birthistle at 13.71% interest rate, maturing at 15/12/2022
8. Estimated cash available for future operating activities
8.1 Net cash from / (used in) operating activities (Item 1.9)
8.2 Cash and cash equivalents at quarter end (Item 4.6)
8.3 Unused finance facilities available at quarter end (Item 7.5)
8.4 Total available funding (Item 8.2 + Item 8.3)
8.5 Estimated quarters of funding available (item 8.4 divided by item 8.1)
$A'000
(64) 205 0
205
3
For
Note: if the entity has reported positive net operating cash flows in item 1.9, answer item 8.5 as "N/A". Otherwise, a figure for the estimated quarters of funding available must be included in item 8.5.
8.6 If item 8.5 is less than 2 quarters, please provide answers to the following questions:
8.6.1 Does the entity expect that it will continue to have the current level of net operating cash flows for the time being and, if not, why not?
Answer:
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Impelus Limited published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 00:31:05 UTC.
