For personal use only
QANTM Intellectual Property Limited ACN 612 441 326 and Controlled Entities
Financial report for Half Year ended 31 December 2021
Appendix 4D
Name of Entity: QANTM Intellectual Property Limited ACN 612 441 326
Current period: | Half Year ended 31 December 2021 |
Previous corresponding period: | Half Year ended 31 December 2020 |
Results for announcement to the market
31 Dec 2021 | 31 Dec 2020 | Change | |
$'000 | $'000 | % | |
Revenue from ordinary activities | 62,688 | 58,550 | 7.0% |
Statutory Profit from ordinary activities after tax | 3,408 | 5,984 | (43)% |
Distributions - current period (cents): | 3.0 | 4.0 | |
1H21 interim dividend (declared) | |||
Franked amount per share (cents) | 3.0 | 4.0 | |
Record date for determining entitlement to the | 3 March 2022 | ||
interim dividend | |||
Net tangible asset value per share (cents) | (0.0) | (0.0) | |
This information should be read in conjunction with the Consolidated Financial Report of QANTM Intellectual Property Limited for the year ended 30 June 2021, and any public announcements made in the period in accordance with the continuous disclosure requirements of the Corporations Act 2001 and ASX Listing Rules.
Entities over which control has been gained or lost during the period:
Control gained: Sortify.tm Limited (New Zealand Company Number 6293732) and its wholly owned subsidiary, Trademark Planet Ltd (New Zealand Company Number 8125586)
Audit Status
This report is based on the Consolidated Financial Report of QANTM Intellectual Property Limited ('the Company' or 'QANTM') for the Half Year ended 31 December 2021, which has been reviewed by Deloitte Touche Tohmatsu.
Other Significant Information and Commentary on Results
Additional Appendix 4D disclosure requirements can be found in the Directors' Report and the 31 December 2021 Half Year Financial Report.
For all other information required by Appendix 4D, including a results commentary, please refer to the following documents:
- Directors' Report
- Reviewed Half Year Financial Report
- Results Presentation
onlyuseQANTM Intellectual Property Limited and Controlled Entities
ACN: 612 441 326
personalCONSOLIDATED FINANCIAL REPORT
For the Half Year ended 31 December 2021
For
CONTENTS
for the Half Year ended 31 December 2021
onlyDirectors' Report
Auditor's Independence Declaration
Independent Auditor's Review Report
Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income Condensed Consolidated Statement of Financial Position
useCondensed Consolidated Statement of Changes in Equity Condensed Consolidated Statement of Cash Flows
Notes to the Condensed Consolidated Financial Statements
Directors' Declaration
personalFor
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DIRECTORS' REPORT
for the Half Year ended 31 December 2021
The directors of QANTM Intellectual Property Limited (the Company or QANTM) present the half year financial report of the Company and its controlled entities (the Group or QANTM Group) for the Half Year ended 31 December 2021
PRINCIPAL ACTIVITIES
QANTM is the owner of a group of leading intellectual property (IP) services businesses operating under five key brands: | |
Davies Collison Cave, including: | |
only• | Davies Collison Cave Pty Ltd - an incorporated patent and trademarks attorney business operating in Australia and New |
Zealand (DCC); | |
• | Davies Collison Cave Law Pty Ltd - an incorporated legal practice operating in Australia (DCC Law); |
• | Davies Collison Cave Asia Pte Ltd - an incorporated patent and trade mark attorney business operating in Singapore (DCC |
Asia); | |
FPA Patent Attorneys, including: | |
use• | FPA Patent Attorneys Pty Ltd - an incorporated patent attorney business operating in Australia and New Zealand (FPA); |
• | FPA Patent Attorneys Asia Pte Ltd - an incorporated patent attorney business operating in Singapore (FPA Asia); |
personal |
Advanz Fidelis IP Sdn Bhd - an incorporated intellectual property prosecution and advisory practice operating in Malaysia (AFIP); nd
Cotters Patent and Trade Mark Attorneys - an incorporated patent and trade mark attorney business operating in Australia (Cotters).
Sortify.tm - an incorporated trademark registration and automation business operating in Australia, New Zealand and the United Kingdom operating under the brands Trademarks Online, Trademark Planet and DIY trademarks.
QANTM generates revenue by providing services in relation to the creation, protection, commercialisation, enforcement and management of IP. In addition, QANTM generates revenue outside the IP application process, with clients engaging the QANTM businesses to provide strategic IP advice regarding their IP portfolio or that of their competitors. Such strategic advice assists clients in identifying potential opportunities for IP protection. DCC Law provides IP legal and litigation services, and corporate and commercial legal advice on mergers and acquisitions, governance and compliance, business structures and restructuring, capital raising, joint ventures, finance and asset protection. Sortify.tm provides trade mark registration and automation services operating direct to consumer trademark registration services and legal practice automation.
QANTM has a diverse client base ranging from start-up ventures and SMEs to Fortune 500 multinational corporations, public sector research institutions and universities. The majority of QANTM's clients are located in the US, Europe, Japan and Australia
Forand can be broadly divided into three groups:
• local clients, which include Australian, New Zealand, Singapore and Malaysia based corporates, public sector research institutions, universities, and private individuals; and
• international clients, which include:
− foreign corporates that engage directly with QANTM, including Fortune 500 companies and other foreign multinational corporations; and
− international clients referred to QANTM by IP practices based overseas (Foreign Associates).
QANTM businesses have relationships with a broad range of Foreign Associates internationally. These Foreign Associates engage the QANTM businesses to act on behalf of international clients where that client wishes to obtain IP protection in Australia, New Zealand, Singapore or Malaysia (often as part of the 'national phase entry' of applications made pursuant to the international Patent Cooperation Treaty (PCT)). Similarly, QANTM businesses will engage a Foreign Associate to act on behalf of a QANTM client in Australia, New Zealand, Singapore or Malaysia that wishes to obtain IP protection in the Foreign Associate's jurisdiction.
QANTM Intellectual Property Limited and Controlled Entities | 1 |
Half Year Financial Report, 31 December 2021 |
DIRECTORS' REPORT
for the Half Year ended 31 December 2021
This reciprocity between QANTM businesses and their networks of Foreign Associates is important in generating incoming referrals of international clients and revenue for the businesses.
DIRECTORS
The names and particulars of the directors in office at any time during the financial half year up to the date of this report are:
Name | Office | |
only | ||
For personal use | Mr Richard England | Non-Executive Chairman |
Mr Leon Allen | Non-Executive Director | |
Mr Craig Dower | Managing Director and Chief Executive Officer | |
Ms Sonia Petering | Non-Executive Director | |
QANTM Intellectual Property Limited and Controlled Entities | 2 |
Half Year Financial Report, 31 December 2021 |
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QANTM Intellectual Property Ltd. published this content on 23 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2022 22:34:19 UTC.