Peppermint Innovation : Half Yearly Report and Accounts

For personal use only

	Appendix 4D
	(Rule 4.2A.3)
	Half-year Report
Name of entity
Peppermint Innovation Limited		56 125 931 964

1. Details of the Reporting Period and the Previous Corresponding Period

Financial period ended ("current period")	Financial period ended ("previous period")
31 December 2021	31 December 2020

2. Results for Announcement to the Market

					$'000
2.1	Revenue from ordinary activities	down	25%	to	935
2.2	Loss from ordinary activities after tax	up	52%	to	1,651
attributable to members
2.3	Net loss for the period attributable to	up	52%	to	1,651
members

2.4 Brief explanation of results

Peppermint delivered several significant achievements for the half-year ended 31 December 2021.

The Company launched its alternative non-bankmicro-enterprise loan offering - bizmoPay - after being granted a financial licence by the Philippines Securities Exchange ("PSX"); secured another cash-in, fund transfers and payments agreement with Dragonpay, one of the Philippines' largest and most reliable online gateway platforms and advanced to "Stage 3" of its Electronic Money Issuer (EMI) licence application with the PSX.

Peppermint also successfully placed 250 million shares at $0.02 per share to raise A$5 million (before costs), with strong support received from existing and new investors.

Peppermint ended the half-year period in a strong cash position, with $6.9M at bank and is well funded to continue along its exciting growth trajectory, consider new opportunities that may present and satisfy all associated working capital requirements.

For further details, please refer to the half-year report.

For personal use only

3.	NTA Backing
		Current period	Previous corresponding
		period
Net tangible asset backing per ordinary security	($0.003)	($0.001)

4 Control gained or lost over entities having material effect

During the period the Group established Peppermint Financing Inc. in The Philippines, which has now started to work on pilots and different finance packages focused on providing short term loans to its agents to encourage utilisation of the Peppermint Platform.

1. Dividends
   There were no dividends declared or paid during the period and the do not recommend that any dividends be paid.
2. Dividend Reinvestment Plans Not applicable.
3. Material interest in entities which are not controlled entities Not applicable.
4. Independent Review Report
   Refer to the attached Half Year Financial Report for the half-year ended 31 December 2021.
5. Compliance Statement
   This report should be read in conjunction with the attached Half Year Financial Report for the half-year ended 31 December 2021.

Signed here:

Date: 28 February 2022

Print name: Anthony Kain

Executive Director

Peppermint Innovation Limited Appendix 4D 31 December 2021	2

For personal use only

Peppermint Innovation Limited

(ACN 125 931 964)

INTERIM FINANCIAL REPORT FOR THE HALF-YEAR ENDED

31 DECEMBER 2021

For personal use only

COMPANY DIRECTORY
Directors	Auditors
Mr Christopher Kain	RSM Australia Partners
Managing Director	Level 32 Exchange Plaza
Mr Anthony Kain	2 The Esplanade
Perth, WA 6000
Executive Director
Mr Mathew Cahill
Non-executive Director
Company Secretary	Solicitors
Mr Anthony Kain	Steinepreis Paganin
	Level 4, The Read Buildings
	16 Milligan Street
	Perth, WA 6000
Registered Office	Share Registry
Level 2 East, The Wentworth Building	Computershare Investor Services Pty Ltd
300 Murray Street, Off Raine Lane	Level 11, 172 St Georges Terrace
Perth WA 6000	Perth WA 6000
Tel: [phone]	Tel: [phone]
	Fax: [phone]
	Web: www.computershare.com.au
Web Address	ASX Code:
www.pepltd.com.au	PIL

For personal use only

CONTENTS

CONTENTS

Directors' Report

Auditor's Independence Declaration

Consolidated Statement of Profit or Loss and Other Comprehensive Income

Consolidated Statement of Financial Position

Consolidated Statement of Changes in Equity

Consolidated Statement of Cash Flows

Notes to the Financial Statements

Directors' Declaration

Independent Auditor's Review Report

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Interim Financial Report for the half-year ended 31 December 2021 Peppermint Innovation Ltd Page | 1