Ann: November Trading Update, page-2

14 December 2020
November Trading Update
• November revenue (unaudited) of $14.78m, up 27% year-on-year
• November net profit before tax (unaudited) of $1.19m, up 174% year-on-year
• YTD net profit before tax (unaudited) of $2.79m, up $2.04m on same period last year
• Continued retail momentum including iPhone 12 and console gaming accessories
Cellnet Group Limited (‘Cellnet” or the “Company”) has previously advised that it is experiencing strong trading
conditions, with (unaudited) net profit before tax of $1.6 million in the July to October period.
Cellnet is pleased to announce that this momentum has continued, with (unaudited) net profit before tax of $1.19
million for November 2020, up 174% on the corresponding period last year.
Commenting on the announcement, Cellnet’s Chief Executive, Dave Clark, stated, “We continue to be positive about
the current financial year, with the business performing very well across all categories and strong demand being
experienced in the lead-up to Christmas.”
Ends