Firstwave Cloud Technology Limited (FCT) 2017年年度报告「ASX」.pdf

1、 ANNUAL REPORT 2017 FirstWave Cloud Technology Limited ABN 35 144 733 595 FirstWave Cloud Technology Limited Annual Report 2017 1 Contents 1.Chairmans Letter 2 2.Boards Update to Shareholders 3 3.Directors Report&Remuneration Report 5 4.Auditors Independence Declaration 18 5.Financial Statements 19

2、6.Directors Declaration 53 7.Independent Auditors Report 54 8.Corporate Directory 58 9.Shareholder Information 59 1.Chairmans Letter FirstWave Cloud Technology Limited Annual Report 2017 2 Dear Shareholders,It is with pleasure that I present the FirstWave Cloud Technology 2017 Annual Report.Australi

3、as largest enterprises trust FirstWave to secure their networks and data from the threat of cyber-crime.When I was introduced to FirstWave two years ago,what appealed to me was the burgeoning market opportunity in cyber security services,the quality of the team and technology of the company.At the t

4、ime,they were operating from a small partitioned office.The team was only 25 people.They had developed a number of telco-grade cyber security products(including email,web and firewall)which they had painstakingly built from the ground up in conjunction with Telstras needs.We are now two years into t

5、his journey,which included listing in May 2016,and the market opportunity is greater and more relevant today than it was then.Recent high profile global cyber security threats,including“Wannacry”&“Petya”ransomware,severely impact businesses around the globe reinforcing the business risk and financia

6、l impact of a breach.Understanding and reducing the risk of a cyber security breach is now a key board matter for directors of companies and government entities.Looking back over the past twelve months,FirstWave has:Recruited a formidable development team at the forefront of cyber security,Successfu