8common : Appendix 4D and Half Yearly Financial Report

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8COMMON LIMITED & CONTROLLED ENTITIES

ABN 168 232 577

ASX APPENDIX 4D FOR THE SIX MONTHS ENDED 31 DECEMBER 2021

The following information should be read in conjunction with both the Financial Report for the year ended 30 June 2021 and the Interim Report for the half year ended 31 December 2021 and the attached auditors' review report.

This Appendix 4D is prepared in accordance with ASX Listing Rule 4.2A.3.

Reporting period:

Half-year from 1 July 2021 to 31 December 2021.

Previous corresponding period: Half-year from 1 July 2020 to 31 December 2020.

Results for announcement to the market

8common limited (8CO) and its controlled entities' (the 8common Group or Group) Results for Announcement to the Market are detailed below:

Financial Results

	Dec 2021	Dec 2020	$ Change	% Change
Revenue and other income	1,883,168	1,981,312	(98,154)	(5%)
EBITDA	(774,643)	(249,991)	(524,652)	(210%)
Loss before tax	(950,603)	(397,145)	(553,458)	139%
Loss after tax	(926,153)	(358,830)	(567,323)	158%

NTA backing	Dec 2021	Dec 2020
Net tangible asset backing per ordinary share	2.2 cents	1.7 cents

Explanation of results

Please refer to the 'Directors Report' for an explanation of the results.

This information should be read in conjunction with the Consolidated Annual Financial Report of the 8common Group for the year ended 30 June 2021.

This report should also be read in conjunction with any public announcements made by 8common in accordance with the continuous disclosure requirements arising under the Corporations Act 2001 and ASX Listing Rules.

The information provided in the report contains all the information required by ASX Listing Rule 4.2A.

For personal use only

Details of individual and total dividends and payment dates

No dividends have been declared by the Company.

Dates: 28 February 2022

Approved by

Board of Directors

8common

For personal use only

8common

8COMMON LIMITED AND ITS CONTROLLED ENTITIES ACN 168 232 577

INTERIM HALF YEARLY FINANCIAL REPORT FOR THE PERIOD ENDED

31 DECEMBER 2021

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Contents

Directors' Report___________________________________________________________ 3

Auditors' Independence Declaration __________________________________________ 8

Consolidated Statement of Profit or Loss and Other Comprehensive Income for the six months ended 31 December 2021 _______________________________________ 10

Consolidated Statement of Financial Position as at 31 December 2021 __________ 11

Consolidated Statement of Changes in Equity for the Half Year ended 31 December 2021 ____________________________________________________________________ 12

Consolidated Statement of Cash Flows for the Half Year ended 31 December 202113 Notes to the Financial Statements for the Half Year ended 31 December 2021 ____ 14

Directors' Declaration______________________________________________________ 24

Independent Auditors Review Report to the Members of 8common Limited _______ 25

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8common

Directors' Report

Your directors present their report on the Company 8common Limited and its controlled entities for the half-year ended 31 December 2021.

Directors and Company Secretary

The following persons were directors of 8common Limited during or since the end of the financial half year;

Kah Wui "Nic" Lim	Executive Chairman
Adrian Bunter	Non Executive Director
John Du Bois	Non Executive Director
Nyap Liou "Larry" Gan	Non Executive Director
Kok Fui Lau	Non Executive Director (Alternate to Nyap Liou "Larry" Gan)
David Hwang	Company Secretary (Joint)
Rebecca Woodman	Company Secretary (Joint)

Principal activities

8common operates Financial Transaction Management and Employee Performance technology platforms targeted at large enterprise and government segments. Its Financial Transaction Management products, being Expense8 (travel and expense management), PayHero (procurement payment gateway) and CardHero (payment and funds distribution cards) deliver closed loop solutions to support regulated, large network and high volume requirements.

Our platforms manage a growing client base of more than 173,000 platform users including enterprise customers Woolworths, Broadcast Australia, Amcor, and over 158 state and federal government entities.

More details of our 4 products are as follows:

Expense8

The Expense8 platform is a leading pureplay provider of end to end travel and expense management software, card application and management. The innovative software solutions improve an organisation's productivity, incorporate company organisational policies and expense auditing to reduce fraud and increase compliance. Expense8 by 8common was named a Major Player in the IDC MarketScape: Worldwide SaaS and Cloud-Enabled Travel and Expense Management Applications 2019 Vendor Assessment.

Notable clients include the whole of Northern Territory Government, Federal Department of the Prime Minister and Cabinet, Woolworths, NSW Department of Education. Approximately 22,000 NT Government employees, 87,000 employees within NSW Government and over 17,000 employees within the Australian Federal Government use Expense8.

PayHero

The PayHero platform brings together merchant facilities, payment gateway and selling online into an easy to operate package that helps businesses get paid faster. PayHero's platform lets businesses accept card payments online via their own secure mobile payments page. In combination with Expense8, this delivers a closed loop procurement payment to deliver an integrated procurement approval, payments and reconciliation platform.

CardHero

The CardHero platforms combine EML Payments (ASX:EML) issued pre-paid Mastercards with 8commons Expense8 spend reconciliation solution. This combination brings together card application,

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