AdAlta Limited (ASX:1AD) Annual Report 2022



The latest annual report of AdAlta Limited (1AD) was published on 30 Jun 2022. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - 1AD Annual Results

Amounts in AUD

Total Revenue
2.75M
Gross Profit
2.49M
EBIT
-6M
Net Tangible Assets
5.38M
Net Income
-6.06M
Capital Expenditures
-25.23k

1AD Income Statement 2022 Annual Report

As per the latest Income Statement of 1AD, the Net revenue decreased by $-1.23M (-31%) compared to the previous period. The operating income in 2022 decreased by $-580605 (-11%). The net income as per the annual report was -6.06M which decreased by $-432661 (-8%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue2.75M3.98M
Gross Profit2.49M3.78M
Operating Income-6M-5.42M
Income Before Tax-6.06M-5.63M
Net Income-6.06M-5.63M

Balance Sheet - 1AD 2022 Annual Report

Read further: 1AD Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AdAlta Limited showed the company increased the cash on balance sheet by $2.87M (50%). The Net tangible assets of 1AD on the balance sheet were at 5.38M which is $-1.01M (-16%) less than previous annual report. The total stockholder equity also decreased by $-1.01M (-16%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash8.66M5.79M
Total Assets10.65M 9.05M
Long Term Debt1.61M-
Total Liabilities5.27M 2.66M
Total Shareholder Equity5.38M6.39M
Net Tangible Assets5.38M6.39M

Cash Flow Statement - 1AD 2022 Annual Report

The 2022 annual cash flow statement of AdAlta Limited showed that the net income decreased by $-432661 (-8%) compared to previous reporting period. Also the capital expenditure of 1AD decreased by $-23108 (-1089%).

As of 2022, the total cash from investing activities was -25.23k and total cash from financing activities was 7.02M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income-6.06M-5.63M
Capital Expenditures-25.23k-2.12k
Dividends Paid--
Total Cash From From Investing Activities-25.23k-2.12k
Total Cash From From Financing Activities7.02M7.19M

AdAlta Limited Annual Report History

Income Statement

Income Statement history of AdAlta Limited (ASX:1AD)

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Total Revenue2.75M3.98M3.83M3.54M
Cost Of Revenue260.61k201.22k170.29k7.54M
Gross Profit2.49M3.78M3.66M-4M
Research Development4.13M6.23M7.01M7.01M
Selling General Administrative4.06M2.42M1.85M1.13M
Non Recurring----
Other Operating Expenses---726.11k
Total Operating Expenses8.75M9.4M9.67M9.53M
Operating Income-6M-5.42M-5.84M-5.99M
Total Other Income Expense Net-62.11k-210.06k-166.6k70.89k
Ebit-6M-5.42M-5.84M-5.99M
Interest Expense-111.39k-97.64k-115.55k-115.55k
Income Before Tax-6.06M-5.63M-6.01M-5.92M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-6.06M-5.63M-6.01M-5.92M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-6.06M-5.63M-6.01M-5.92M
Net Income Applicable To Common Shares-6.06M-5.63M-6.01M-5.92M

Balance Sheet Statement

Balance Sheet Statement history of AdAlta Limited (ASX:1AD)

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Cash8.66M5.79M3.37M5.56M
Net Receivables1.67M2.98M3.31M3.58M
Other Current Assets134.53k77.92k--
Total Current Assets10.58M8.98M6.73M9.17M
Property Plant Equipment63.8k71.69k98.65k138.1k
Total Assets10.65M9.05M6.91M9.31M
Accounts Payable555.49k215.72k540.83k1.51M
Short Long Term Debt2.39M---
Other Current Liab55.39k70.37k174.72k18.8k
Long Term Debt1.61M---
Other Liab22.18k---
Total Current Liabilities3.63M2.66M3.21M1.82M
Total Liab5.27M2.66M3.21M1.82M
Common Stock41.01M36.23M28.44M26.53M
Retained Earnings-37.29M-31.23M-25.6M-19.59M
Treasury Stock1.66M1.38M864.02k553.83k
Other Stockholder Equity1.66M1.38M864.02k553.83k
Total Stockholder Equity5.38M6.39M3.7M7.49M
Net Tangible Assets5.38M6.39M3.7M7.49M

Cash Flow Statement

Cash Flow Statement history of AdAlta Limited (ASX:1AD)

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Net Income-6.06M-5.63M-6.01M-5.92M
Depreciation33.11k29.08k41.83k32.5k
Change To Netincome385.7k614.7k706k100.7k
Change To Account Receivables1.32M256.01k249.05k-1.48M
Change To Liabilities233.81k21.21k-910.25k1.45M
Change To Operating Activities1.12k-74.39k30.07k-2.37k
Total Cash From Operating Activities-4.09M-4.78M-5.89M-5.82M
Capital Expenditures-25.23k-2.12k-2.38k-170.6k
Total Cashflows From Investing Activities-25.23k-2.12k-2.38k-170.6k
Net Borrowings2.28M-601.47k2.08M2.08M
Other Cashflows From Financing Activities-265.96k-327.47k-153.19k-716.09k
Total Cash From Financing Activities7.02M7.19M3.7M9.24M
Effect Of Exchange Rate-40.19k14.67k14.67k14.67k
Change In Cash2.87M2.42M-2.19M3.25M
Issuance Of Stock5M8.12M1.78M9.95M
Dividends Paid----