"Relative to the financial year ending 31 December 2017, during...

"Relative to the financial year ending 31 December 2017, during the financial year ending 31 December2018, Splitit saw a 293% increase in total number of unique shoppers due to the fact that we have morelive merchants in more countries. The average order value of Splitit users increased by 15% as during 2018merchants with higher average ticket items were added. Splitit also saw a 117% increase in its total activemerchants which was largely driven by sales efforts to sign more merchants. The culmination of thesefactors resulted in a 253% increase in underlying merchant transactions, generating an increase in merchantfees of 203%."

"On 29 January 2019, Splitit successfullycompleted its listing on ASX, raising AUD$12 million (before costs).The Company’s net loss after income tax was USD$4,642,975 (2017: USD$3,422,285) and was made up of:Sales income for the financial year was USD$789,920, up from USD$260,409 in 2017.Sales income comprised merchant fees. Gross profit on sales revenue increased by 561%to USD$389,793 (2017: USD$58,914).Operating expenses increased 29% to USD$3,899,387 (2017: USD$3,012,141)Financing expenses increased 141% to USD$1,131,502 (2017: USD$468,409).This is mainly due to revaluation of Convertible loansShare based payments expense of USD$378,921 (2017: USD$351,383) represents the valueattributable to the issue of options to employees."