Firstwave Cloud Technology Limited (FCT) 2022年年度报告「ASX」.pdf

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1、Firstwave Cloud Technology LimitedABN 35 144 733 595Financial StatementsFor the Year Ended 30 June 20222022 ANNUAL REPORT2FIR ST WAV E C LOU D T EC HN OLO G Y 2022 ANNUAL REPOR TContentsChairmans Letter 3CEOs Letter 5Directors Report and Remuneration Report 7Auditors Independence Declaration 26Finan

2、cial Report 27Directors Declaration 70Independent Auditors Report 71Shareholder Information 76Corporate Directory 79 3FIR ST WAV E C LOU D T EC HN OLO G Y 2022 ANNUAL REPOR TC HA IR M A N S L E T T E R C E OS L E T T E R DIRECTORS REPOR T FINANCIAL REPOR T SHA REH OL D ER IN F ORM AT IO N C OR PO R

3、AT E DIR EC T ORYFIR ST WAV E C LOU D T EC HN OLO G Y 2022 ANNUAL REPOR TChairmans Letter2022 was a year in which your Company asked for continuing patience from shareholders as it reset its product strategy and its path forward with the acquisition of Opmantek Ltd.Key aspects of the year:In July,a

4、change in leadership with CEO Neil Pollock standing down and my taking the role in the interim to appointing a replacement In July,informing shareholders in the FY21 Q4 Update that,while the strategic rationale for FirstWaves long term success remained intact,a review of operations had indicated the

5、re was a lack of organizational focus and friction in the product to adoption at scale for both the service provider and end user and that,until this was removed toward the end of Q3 in a new version of the software,we would not engage in new partner sales In October,following a review of internatio

6、nal contracts,two African based partners requested a pause in their contracts to review key terms related to their payments to FirstWave prior to receiving payments from their customers.The two contracts represented AU$1.95m of the AU$3.01m International Annualised Recurring Revenue(IARR)reported at