Correction of the consolidated annual report for the financial year 2017 published on June 19, 2018.

The Managing Board of LiveChat Software S.A. (the “Company”) would like to announce the correction of the consolidated annual report from April 1, 2017 to March 31, 2018, published by the Company on June 19, 2018.

The Company presents correction of the following data:

In the Consolidated Financial Statement:

  • P. 4, „ Selected financial data”

Net cash flow from operating activities in the period from 01.04.2017 – 31.03.2018 – there was: PLN 48178 thous. and EUR 11425 thous.; should be: PLN 48575 thous. and EUR 11519 thous.

Net cash flow from investing activities in the period from 01.04.2017 – 31.03.2018 – there was: PLN -5156 thous. and EUR -1223 thous; should be: PLN -5554 thous. and EUR -1317 thous.

  • P. 13, „ Consolidated Statement of Cash Flow”

Total adjustments in the period from 01.04.2017 – 31.03.2018 – there was: -11801944; should be: -11404271

Depreciation and amortization in the period from 01.04.2017 – 31.03.2018 – there was: 1877613; should be: 2469250

Income tax paid in the period from 01.04.2017 – 31.03.2018 – there was: -11769534; should be: -11963498

Net cash flow from operating activities in the period from 01.04.2017 – 31.03.2018 – there was: 48177693; should be: 48575366

Investments in intangibles and in real fixed assets in the period from 01.04.2017 – 31.03.2018 – there was: -5287430; should be: -5685103

Net cash flow from investing activities in the period from 01.04.2017 – 31.03.2018 – there was: -5155950; should be: -5553623

In the Management Report of LiveChat Software Group:
  • P. 2
There was: „EBITDA margin was 70,7%”; should be: „ EBITDA margin was 71,4%
  • P. 5, „ Selected consolidated financial data”
EBITDA in the FY 2017/18 – there was: 63239330; should be: 63830968; and Change – there was: +14,9%; should be: +16,0%

Cash flow from operating activities in the FY 2017/18 – there was: 48177693; should be 48575366; and Change – there was: +11,5%; should be: +12,4%

Cash flow from investing activities in the FY 2017/18 – there was: – 5155950; should be -5553623; and Change – there was: -33,6%; should be: -43,9%

EBITDA in the Q4 2017/18 – there was: 16081464; should be: 16673102; and Change – there was: +3,9%; should be: +7,7%

Cash flow from operating activities in the Q4 2017/18 – there was: 12157562; should be 12555235; and Change – there was: -6,5%; should be: -3,4%

Cash flow from investing activities in the Q4 2017/18 – there was: -1334568; should be-1732241; and Change – there was: -37,6%; should be: -19,0%
  • P. 32, „Financial situation”
Total adjustments in the FY 2017/18 – there was: -11801944; should be: 11404271; and Change – there was: +15,0%; should be: +11,1%

Depreciation and amortization in the FY 2017/18 – there was: 1877613; should be: 2469250; and Change – there was: +10,9%; should be: +45,8%

Income tax paid in the FY 2017/18 – there was: -11769534; should be: – 11963498; and Change – there was: +6,4%; should be: +8,2%

Cash flow from operating activities in the FY 2017/18 – there was: 48177693; should be 48575366; and Change – there was: +11,5%; should be: +12,4%

Investments in intangibles and in real fixed assets in the FY 2017/18 – there was: -5287430; should be: 5685103; and Change – there was: +32,9%; should be: +42,9%

Cash flow from investing activities in FY 2017/18 – there was: – 5155950; should be 5553623; and Change – there was: -33,6%; should be: +43,9%
  • P. 33, „Basic ratios”
There was: „EBITDA margin 70,7%”; should be: „EBITDA margin 71,4%”

Position in the table EBITDA margin in the FY 2017/18 – there was: 70,7%; should be: 71,4%;

The company will immediately publish the revised annual report from April 1, 2017 to March 31, 2018.