Firstwave Cloud Technology Limited (FCT) 2016年年度报告「ASX」.pdf

1、 Ann nualReFirstWaveport2veCloud016TechnolABN ogyLimi35144733ted3595 FirstWave Cloud Technology Limited Annual Report 2016 1 Contents 1.ChairmansLetter22.ManagingDirectorsReviewofOperations33.DirectorsReport&RemunerationReport54.AuditorsIndependenceDeclaration165.FinancialStatements176.DirectorsDecl

2、aration527.IndependentAuditorsReport538.CorporateDirectory559.ShareholderInformation561.Chairmans Letter FirstWave Cloud Technology Limited Annual Report 2016 2 Dear Fellow Shareholders,I have great pleasure presenting to you the first annual report of FirstWave Cloud Technology Limited(FirstWave or

3、 Company)as a publicly listed company.In May of this year,FirstWave celebrated its listing on the Australian Securities Exchange(ASX)through the former listed entity,Crestal Petroleum.This represented not only a key milestone in FirstWaves history,but a strong endorsement of the Companys products an

4、d the increasingly positive future ahead of us.2016 was an exciting year for FirstWave in which the Company witnessed significant growth and development culminating in its successful ASX listing.During the course of the year,the Board and Management delivered a number of highly strategic achievement

5、s,including:Completion of the acquisition of FirstWave by Crestal Petroleum and the renaming of the entity to FirstWave Cloud Technology Limited;A strongly oversubscribed capital raising of$8 million in conjunction with the Companys ASX listing;The appointment of a highly experienced board of direct

6、ors made up of relevant industry and business experience matched with corporate governance skills and a perspective of independence;Strengthening of the Companys relationship with Telstra through the execution of a new Product Supply Agreement(PSA or Agreement)for Telstra Cloud Gateway Protection Ad