Tambla Limited FY20 H1 – Chairman’s letter


Your company, Tambla Limited, delivered FY20 first half results of a $84,499 Net Profit After Tax (NPAT), up
from $12,442 in the previous corresponding period. Overall a good result in the challenging environment we are
all in and another step forward in the journey we are on, towards delivering a sustainably profitable, growing and
more valuable company.

The financial highlights are:

  • NPAT increasing to $84,499
  • EBITDA up 75% to $0.9m (FY19 H1 $0.5m)
  • Operating Cash flows up 319% to $0.87m (FY19 H1 $0.27m), with investing cash flows steady at $1.1m and net cash surplus generated of $0.15m after the raising of new convertible notes
  • Government grants relating to COVID-19 were $0.5m
  • Revenue from customers was down by 6% to $4.24m in H1, though down over 30% in March 2020
  • Recurring revenue steady at c. 66% of total revenue
  • Continued investment in new technology solutions, with appropriate capitalisation
  • New capital raised from new and existing shareholders by Convertible Note

You can read the full announcement at the link here