Aspermont FY22-Q1 Financial Result

27 January 2022 – Aspermont (ASX:ASP, FRA:00W), the market leader in B2B media for the global resource sectors, is pleased to announce continued growth momentum and a strong performance for the first quarter of FY22.

Highlights; Q1 22 versus Q1 21

-          Total revenue grew by 10% to $4.2m

-          XaaS revenue grew by 18% to $2.0m

-          Gross profit grew by 25% to $2.8m, with gross margins up from 60% to 68%

-          Earnings grew 10% to $0.5m on a reported basis but increased 160% to $0.6m on a normalized basis

Managing Director Alex Kent said:

“Aspermont’s growth momentum has continued to build through the first quarter of the new financial year in line with our expectations.

While Covid is still impacting some areas, this has already been factored in and expect significant new growth as conditions normalize and Live Events resume.

We were delighted to enter a corporate partnership with Soochow Securities intended to expand and develop our Asian operational and investor base.”

This announcement has been authorised by the Board of Directors. For further information please contact:

Aspermont Limited

Alex Kent, Managing Director +44 207 216 6060

Tim Edwards, Company Secretary +61 8 6263 9100

About Aspermont

Aspermont is the leading media services provider to the global resource industries. Aspermont has built a commercial XaaS model for B2B media which distributes high value content to a growing global audience. This versatile model can be scaled to serve new business sectors in new countries and languages. Aspermont’s increasing size of (paid) audiences has opened a data monetization opportunity that the company is now developing.

Aspermont is listed on the ASX and on the Frankfurt Stock Exchange. It is also quoted on Tradegate and other regional German exchanges. The company has offices in UK, Australia, Brazil, USA, Canada, Singapore and the Philippines.

For more information please see: www.aspermont.com