Exhibit 99.2
UNILIFE CORPORATION
ARBN 141 042 757
Appendix 4D – Half Year Report
Six months ended 31 December 2015
Results for announcement to the market
UNILIFE CORPORATION HIGHLIGHTS
Results for Announcement to the Market
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | Six Months Ended
31 December 2015
US$000’s | | | Six Months Ended
31 December 2014
US$000’s | |
Revenues from ordinary activities | | | Up | | | | 13.3 | % | | | to | | | | 7,686 | | | | 6,783 | |
Profit (loss) from ordinary activities after tax attributable to members | | | Up | | | | 23.1 | % | | | to | | | | (51,287 | ) | | | (41,649 | ) |
Net profit (loss) for the period attributable to members | | | Up | | | | 23.1 | % | | | to | | | | (51,287 | ) | | | (41,649 | ) |
| | | | |
Common Stock/CDI Dividends (distribution) | | Amount per security | | Franked amount per security |
Final dividend | | N/A | | N/A |
Interim dividend | | N/A | | N/A |
Total | | N/A | | N/A |
Record date for determining entitlements to the dividend | | | | N/A |
Results of Operations
Revenues increased from US$6.8 million during the six months ended 31 December 2014 to US$7.7 million during the six months ended 31 December 2015. This increase was primarily attributable to additional revenue related to development activities for various customers.
Net loss increased from US$41.6 million during the six months ended 31 December 2014 to US$51.3 million during the six months ended 31 December 2015. The increase in net loss is primarily attributable to an increase in research and development cost and the change in fair value of financial instruments.
Basis of the Preparation of the Half Year Report
The half year report has been prepared in accordance with ASX Listing Rule 4.2A.3 and the disclosure requirements of ASX Appendix 4D.
The half year report has been prepared in accordance with accounting principles generally accepted in the United States of America.
The Board of Directors does not recommend that a dividend on Common Stock/CDI relating to the six months ended 31 December 2015 be paid. As such, there is no applicable record date.
Net Tangible Assets per Security
| | | | | | | | |
| | | 31 December 2015 | | | 31 December 2014 | |
Net tangible assets per share | | | US($0.38 | ) | | | US($0.26 | ) |
Net tangible assets per CDI | | | A($0.06 | ) | | | A($0.04 | ) |
ALAN SHORTALL
Chairman and Chief Executive Officer
Date: 10 February 2016
Half Year Report to 31 December 2015
Unilife Corporation ARBN 141 042 757
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