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Half Yearly Reports to 30 September 2018

16/11/2018, 09:06 NZDT, INTERIM

Blis Technologies Limited - Update of the company performance. The Company releases the half year report for the six months ending 30 September 2018 (unaudited) (HY19). These results show an increase in total revenue for HY19 of 47% compared with the same period last year (HY19 $3.052m compared with HY18 $2.072m). The half year report outlines growth across all regions we report on (Asia, Australasia, Europe and North America). The Company has continued to invest in marketing activity including the expansion of our e-commerce channel, expanding our regulatory approvals and ensuring a robust pipeline. This has resulted in an EBITDA deficit of $0.248m and a Net Deficit before Tax of $0.500m which will be shown in the half year report. We reaffirm our existing market guidance on the basis of second half year sales aligning with the northern hemisphere winter and new customer/ market opportunities, including the first supply for an expanded Australia launch. Full financial year (FY19) Guidance - Revenue in excess of $7.0m, an EBITDA in excess of $0.6m and a small net surplus before tax. For further information please contact Brian Watson, CEO: 027 7059133 Brian Watson Chief Executive End CA:00326966 For:BLT Type:INTERIM Time:2018-11-16 09:06:28

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