Financial categories - Minimum Financial Requirements

Criteria Maximum Revenue Net Tangible Assets Information Required
SC1 Up to $200,000 $12,000 SC1 Declaration
SC2 Up to $800,000 $46,000 SC2 Declaration
  min (a)          max (b) min (c)          max (d)  
Category 1 $800,001 - $3,000,000 $46,001 - $156,000 MFR Report and
signed financial statements
Category 2 $3,000,001 - $12,000,000 $156,001 - $480,000 MFR Report and signed
financial statements
Category 3 $12,000,001 - $30,000,000 $480,001 - $1,200,000 MFR Report and signed
financial statements
Category 4 $30,000,001 - $60,000,000 $1,200,001 - $2,400,000 MFR Report and signed
financial statements
Category 5 $60,000,001 - $120,000,000 $2,400,001 - $4,800,000 MFR Report and signed
financial statements
Category 6 $120,000,001 - $240,000,000 $4,800,001 - 14,400,000 MFR Report and signed
financial statements
Category 7 >$240M NTA >$14.4M MFR Report and signed
financial statements

MR and NTA Calculator

Calculate your MR using the net tangible assets (NTA) stated in your financial Declaration or MFR Report in combination with amounts being assured by way of one or more Deeds of Covenant and Assurance (if relevant).

The calculation is not applied to SC1 and SC2 in determining Maximum Revenue.