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1、A N N UA LR E P O R T2018“FirstWave Cloud Technology LimitedABN 35 144 733 595In an increasingly vulnerable digital world,we develop technology that enables everyone to be cyber-secure.All businesses should have access to enterprise-quality cybersecurity.DAVID KIRTONCEO,FirstWave“This Annual Report
2、is a summary of FirstWave Cloud Technology Limiteds operations,activities and financial performance and position as at 30 June 2018.In this Annual Report,references to FirstWave,the company,we,us and our refer to FirstWave Cloud Technology Limited(ABN 35 144 733 595),unless otherwise stated.Referenc
3、es in this Annual Report to a year are to the financial year ended 30 June 2018,unless otherwise stated.All dollar figures are expressed in Australian dollars(AUD)unless otherwise stated.01 CHAIRMANS LETTER02 HIGHLIGHTS03 FROM THE CEOS DESK04 BOARD UPDATE TO SHAREHOLDERS05 DIRECTORS REPORT&REMUNERAT
4、ION REPORT06 FINANCIAL REPORT-AUDITORS INDEPENDENCE DECLARATION-FINANCIAL STATEMENTS-DIRECTORS DECLARATION-INDEPENDENT AUDITORS REPORT07 SHAREHOLDER INFORMATION08 CORPORATE DIRECTORY2CONTENTS4681128293069707477FirstWave Cloud Technology LimitedDear Shareholders2018 has been an important year for Fir
5、stWave Cloud Technology as we reflect on the completion of the“Enable”phase of our three phase strategy “Enable”,“Expand”and“Scale”.This strategy has seen the launch of a global cybersecurity platform,establish a strategic presence across global markets and sign software distribution and reseller ag
6、reements with some of the most prominent companies in the industry.Our purposeWith the explosion in popularity of cloud-based computing and Software as a Service(SAAS),the risk of malicious cybercrime has increased exponentially.Reports continuously confirm cybercrime is one of the primary threats t