COMPANY NEWS

Aspermont Ltd (ASX:ASP, FRA:00W, TDG:00W), the market leader in B2B media for the global resource sectors is pleased to report strong growth across all areas in the full year 2021, ended September 30.

Aspermont Managing Director, Alex Kent, said:

"Aspermont delivered growth across all businesses except Live Events in the full year 2021, despite the pandemic. Our focus on revenue ‘quality' delivered growth at higher margins and as a business we are now self- funded from positive cash flow.

We have a clear runway ahead and have the financial resources required to drive accelerated long term growth. Our team has a proven track record in developing scalable subscriptions and data-based business models. We will organically add more products, services, sectors, and geographies as we progress over the next 10 years.

Besides our operational business, we are also very excited about our new fintech business venture, which we founded with two partners in FY21. This new business is well funded with an initial focus on providing a capital raising platform for sophisticated investors on the ASX market. Aspermont is the largest shareholder with a 44% stake and sees an opportunity to leverage its existing corporate and investor audiences for the new venture whilst, at the same time, enhancing its own offerings through the provision of additional complimentary services that will come from it.

Aspermont has the people, the brands, the audiences and the technologies all in place to achieve strong progress in FY22 regardless of the economic environment."

Key highlights:

• 70% of revenue streams are now ‘recurring' revenue
• XaaS revenue returns to pre-pandemic levels +14%
• Data business growing revenue rapidly +200%
• Scalability emerging as GP margins rise to 65%
• Return to overall revenue growth +6% and with mounting momentum
• $1.6m+ in reported EBITDA on growth of +288%
• Operational cashflow very strong at $2.6m
• Net cash position has doubled to over $7m

While Aspermont has built shareholder value in recent years, the directors are confident that continuing long-term growth will greatly increase shareholder value going forward. The market capitalization and share price have grown 250%+ over the last financial year (and well over 100% on a 3 and 5 year returns basis). Despite this the company remains significantly undervalued.

After considerable reorganization of both business and commercial models, Aspermont is now a mediatech growth company with a scalable operational architecture. Significantly improved gross margins and positive cash flow are anticipated over FY22 to finance a sustained program of inward investment to accelerate long term growth.

Company overview:

1. A 6-year-old mediatech company with a 185-year mining legacy
2. The leading media services provider to the global resource industries.
3. Experienced Tier 1 management team executing with considerable success
4. Comprehensive business turnaround achieved through FY15 - FY18
5. ‘Project Horizon' platform rolled out between FY16 - FY19, to drive:
   a. long-term organic growth models (XaaS then Data & Services)
   b. operational restructuring for productivity, efficiency, and scalability
6. XaaS model has delivered twenty-one consecutive quarters of growth in revenue, contribution, audience expansion and all other KPIs
7. Data model is building momentum in a rapid growth phase
8. Services model has successfully pivoted from legacy revenue streams (in display advertising and live events) to business ‘marketing solutions'
9. Covid-19 impacted business revenues, with 2020 revenue down 30% but pre-pandemic growth levels now regained with momentum building.
10. Aspermont returned to profitability in FY20, and to growth in FY21

For full information on the company's latest results please see here:

Preliminary Final Report Operational Highlights

This press release has been approved by the Board of Directors.

Additional information is available from:

Aspermont Limited

Alex Kent, Managing Director +44 207 216 6060

Tim Edwards, Company Secretary +61 8 6263 9100

About Aspermont

Aspermont (ASX:ASP, FRA:00W, TDG:00W) is the leading media services provider to the global resource industries.

Aspermont's commercial XaaS model for B2B media distributes high value content to a growing global audience. This versatile model is being scaled to serve new business sectors in new countries and languages to build exceptional long-term recurring revenues.

Aspermont's Data monetization and Client Marketing Service businesses are symbiotic with the primary XaaS model and have the capacity to multiply current revenue streams.

Aspermont is listed on the ASX, the Frankfurt Stock Exchange and other European exchanges. Aspermont has offices in the United Kingdom, Australia, Brazil, USA, Canada, the Philippines, and Singapore.

For more information please see: www.aspermont.com