Communicators

November 28th 2024, Aspermont (ASX:ASP, FRA:00W), the market leader in B2B media for the global resource sectors is pleased to announce its results for FY24.

To view Presentation in English language, please click here:

https://announcements.asx.com.au/asxpdf/20241128/pdf/06byy7mf63twxx.pdf

To view Annual Report in English language, please click here:

https://announcements.asx.com.au/asxpdf/20241128/pdf/06byxntvh2v91c.pdf

PERFORMANCE HIGHLIGHTS

1. Consistent Subscriptions growth over 8 consecutive years although challenging market conditions and staff shortages impacted our first half performance. Growth rates accelerated in the second half with rising momentum into the new financial year.
2. Other revenues, in Nexus and Events, were volatile in line with market conditions. The junior mining sector malaise has significantly impacted these revenues lines this year, but with an expected cyclical rebound in the second half of 2025 Nexus and Events should be beneficiaries.
3. Several legacy products were shut down in FY24, as we focused on high quality revenue. We wrote off $1.2M in closing a joint venture, a print publishing product and also one live event.
4. EBITDA performance was in line with March 2024 guidance, and we maintained our inward investment program.

5. Our new investment areas this year, Data & Intelligence as well as content platform enhancements, with an associated expansion in senior management, were $1.0m and $0.3m respectively.
6. Aspermont owns on a non-dilutive basis 5% of a mining company with a known resource set for IPO in 2025. The value of this stake will be recognized on ASX listing.

FY25 Managing Director’s Outlook

For the first time in Aspermont’s history Subscriptions contributed over 50% of the total revenue and our subscribers maintain a near 100% net retention rate.

Powerful brands, a top-tier management team, and our recognised leadership in B2B media for the mining sector, combined, position our company for a phase of sustained growth.

Aspermont subscriptions growth over 33 consecutive quarters sets the foundation.

After two years investing in new personnel, to enhance the data and intelligence division, Aspermont is at an inflection point. As a series of new Data products are released our Annual Recurring Growth and Average Revenue Per Unit will step change in a positive direction.

We informed investors at the end of the first half that we had returned to profitability, while balancing our inward investment with our cash reserves to upgrade revenue quality.

The next few years should be an exciting time for Aspermont and our shareholders.

Sincerely,

Alex Kent

Managing Director

Aspermont Limited

For further information please contact:

Aspermont Limited

Alex Kent, Managing Director +44 208 187 2330

David Straface, Company Secretary +61 8 6263 9100

About Aspermont

Aspermont is the leading media services provider to the global resource industries. Aspermont has built a commercial XaaS model for B2B media which distributes high value content to a growing global audience. This versatile model can be scaled to serve new business sectors in new countries and languages. Aspermont’s increasing size of (paid) audiences has opened a data monetization opportunity that the company is now developing.

Aspermont is listed on the ASX and on the Frankfurt Stock Exchange. It is also quoted on Tradegate and other regional German exchanges. The company has offices in UK, Australia, Brazil, USA, Canada, Singapore and the Philippines.

For more information please see: www.aspermont.com