1、People.Software.Solutions.Annual Report 2021AD1 Holdings Annual Report 2021BCONTENTSAD1 Holdings is a technology company that strives to deliver strong shareholder returns through a diversified portfolio of software businesses.Highlights 01Letter from the Managing Director&CEO 02Business Overview 04
2、Directors and Management 06Directors Report 09Auditors Independence Declaration 19Consolidated Statement of Profit or Loss and 20 Other Comprehensive IncomeConsolidated Statement of Financial Position 21Consolidated Statement of Changes in Equity 22Consolidated Statement of Cash Flows 23Notes to the
3、 Financial Statements 24Directors Declaration 53Independent Auditors Review Report to the Members 54Shareholder Information 59Corporate Directory 61ABOUT USAD1 Holdings Annual Report 202101Platform GrowthHIGHLIGHTSOUR 100%OWNED SAAS BUSINESS VERTICALSIncrease in Revenue from Ordinary ActivitiesSigni
4、ficant YoY growth in revenue of$2.39 million for ordinary activities,contributed by both organic growth(+32%)and business acquisition.65%60%50%37%Utility Software Services Meters Under ManagementArt of Mentoring Participants and MatchesApplyDirect Users and+27%in Inbound TrafficAD1 Holdings Annual R
5、eport 202101AD1 Holdings Annual Report 202102It is my belief that with the right people,the right investment and the execution of our sales led strategy we can become the dominant market leading provider of SaaS B2B solutions to customers.Dear Shareholders,As the recently appointed CEO of AD1 Holdin
6、gs Limited I am pleased to present the 2021 year in review,present my observations and articulate the key strategy areas for the year ahead.Firstly,prior to my appointment as the CEO of AD1 Holdings I was engaged by AD1 to review the market opportunity for the ApplyDirect business which provides a r