Earnings release
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For personal use only ASX Announcement FBR Limited FBR Limited Quarterly Activities Report | June 2021 FBR Friday , 30 July 2021 - Robotic technology company FBR Limited ( ASX : FBR ) ( ' FBR ' or ' the Company ' ) is pleased to provide its quarterly activities update for June 2021 . FBR completes first childcare centre at Amberton Beach In the June quarter the Company completed its second non - residential structure for a customer using Hadrian XⓇ - this time , a childcare centre in the Amberton Beach coastal development by Stockland . FBR was appointed as a robotic sub - contractor for the childcare centre , which will become a centrepiece for the community being established by Stockland at the Amberton Beach coastal community , near Eglinton in Perth's north . Hadrian XⓇ built the double brick cavity walls of the childcare centre , comprising all external as well as some internal walls . The centre was completed on time in 16 build days , and consisted of 8,670 concrete masonry units , the equivalent of approximately 36,500 standard bricks . The work was completed in a significantly shorter time period than the estimate for manual bricklayers , and was charged at the prevailing commercial rate for bricklaying services . The Hadrian XⓇ continued to operate in challenging weather conditions including heavy rain and strong winds . The childcare centre was built in five sections , requiring five different building positions for the Hadrian XⓇ , and as well as being the largest structure built by the Hadrian XⓇ , it is also one of the tallest , with a 4.8m high wall incorporated into the structure . Hadrian X activity update A Hadrian XⓇ will shortly be deployed to a residential building site in Western Australia , where it will complete a single storey residential structure before moving to a nearby block to build another single storey residential structure . FBR continues to receive significant inbound interest , both globally and domestically , for the Hadrian XⓇ and is working closely with a range of builders to plan future work and schedule it in with FBR's continuous improvement program . FBR completed a significant volume of testing with new products in its facilities , with the aim to build structures in Western Australia using previously unused block and adhesive products in the coming months . R & D tax incentive cash refund During the quarter FBR received a research and development tax incentive refund of approximately $ 6.9 million for the 12 - month period 30 June 2020. FBR also received an advance payment of the research and development tax incentive refund for the year ended 30 June 2021 of approximately $ 2.5 million at an annual interest rate of 14 % per annum . FBR will repay the advanced funds issued upon receipt of the FY21 R & D tax incentive refund . FBR Limited ( ASX : FBR ) | ABN 58 090 000 276 FBR +618 9380 0240 | www.fbr.com.au 122 Sultana Road West , High Wycombe , Western Australia 6057 1