Ann: Preliminary Final Report, page-5

Excellent during a tough year with Covid. If VMT can achieve these results during Covid I am very optimistic for 2021.

A lot of triple digit growth - NPAT, EBITDA, Cash Flows, Cash Position & Net Tangible Assets. Loan paid out in full.

Financial Overview for FY2020
o Total revenue of $61 million, up 34% on FY2019
o Net profit after tax (NPAT) of $3.7 million, up 174% on FY2019
o Earnings before interest, tax, depreciation and amortisation (EBITDA) of $5.8 million, up 102% on FY2019 1
o Strong positive cash flows from operating activities of $4 million, up 139% on FY2019
• Strong cash position of $15 million as at 31 December 2020, up 126% from $6.6 million as at 31 December 2019
• No bank debt as at 31 December 2020, having paid out the operating facility in full
• Net tangible assets of $32.7 million at 31 December 2020, up 103% on FY2019