M8 Sustainable Limited (M8S) 2022年年度报告「ASX」.pdf

1、A N N U A L R E P O R T2 0 2 2S U S T A I N A B L E R E C Y C L I N GM8 SUSTAINABLEContents2022 In Brief01Chairmans Letter02Managing Directors Report03Financial Report Detailed Index05Independent Auditors Report24Auditors Independence Declaration29Shareholder Information71Corporate Directory73M8 Sus

2、tainable Annual Report 2022 ContentsM8 Sustainable Limited(ACN 620 758 358)(M8S)is an ASX listed company,based in Western Australia,that owns and operates a high-quality waste recycling and disposal portfolio.Its activities include:recycling of construction&demolition,commercial&industrialwaste and

3、metals commercial and residential skip bin operations operations and management services to third parties construction of a landfill facility2022 IN BRIEF revenue from contracts with customers-$8.4M(prior year-$8.0M)loss after tax of$11.4M(prior year-$10.5M)loss impacted by impairment charges of$5.1

4、M for FY22(prior year-$7.0M)successfully completed a$4.66M capital raising in August 2021 via a renounceable rights issue launched Access Waste,a commercial and residential skip bin collectionbusiness,in September 2021 with the establishment of a 50/50 joint venturecompany,IHub Technologies Pty Ltd,

5、securing marketing and logistics technology rights Gingin landfill construction nearing completion anticipated to occur in Q4of calendar year 2022 post FY22,executed a$10M convertible note facility with M8 Holding Limited,the Companys largest shareholder01M8 Sustainable Annual Report 2022 2022 In Br

6、iefCHAIRMANS LETTERDear ShareholderThe 2022 financial year has been challenging for the Company as it sought to establish itself as aleading participant in the waste recycling sector of Western Australia.The loss of$11.4M for FY22(prior year-$10.5M),which was significantly impacted by an impairment