1st Group Limited (ASX:1ST) Annual Report 2020



The latest annual report of 1st Group Limited (1ST) was published on 30 Jun 2020. 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 - 1ST Annual Results

Amounts in AUD

Total Revenue
4.95M
Gross Profit
612.35k
EBIT
-4.88M
Net Tangible Assets
-895.32k
Net Income
-5.01M
Capital Expenditures
-83.47k

1ST Income Statement 2020 Annual Report

As per the latest Income Statement of 1ST, the Net revenue increased by $990845 (25%) compared to the previous period. The operating income in 2020 decreased by $-596020 (-14%). The net income as per the annual report was -5.01M which decreased by $-702948 (-16%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue4.95M3.96M
Gross Profit612.35k469.56k
Operating Income-4.88M-4.28M
Income Before Tax-5.04M-4.45M
Net Income-5.01M-4.3M

Balance Sheet - 1ST 2020 Annual Report

Read further: 1ST Balance Sheet Detailed Analysis

The latest balance sheet from annual result of 1st Group Limited showed the company reduced the cash on balance sheet by $-718760 (-26%). The Net tangible assets of 1ST on the balance sheet were at -895.32k which is $-563844 (-170%) less than previous annual report. The total stockholder equity also decreased by $-697381 (-22%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash2.05M2.77M
Total Assets6.59M 7.01M
Long Term Debt1.49M1.84M
Total Liabilities4.15M 3.88M
Total Shareholder Equity2.43M3.13M
Net Tangible Assets-895.32k-331.47k

Cash Flow Statement - 1ST 2020 Annual Report

The 2020 annual cash flow statement of 1st Group Limited showed that the net income decreased by $-702948 (-16%) compared to previous reporting period. Also the capital expenditure of 1ST decreased by $-74902 (-874%).

As of 2020, the total cash from investing activities was -83.47k and total cash from financing activities was 3.71M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-5.01M-4.3M
Capital Expenditures-83.47k-8.57k
Dividends Paid--
Total Cash From From Investing Activities-83.47k-8.57k
Total Cash From From Financing Activities3.71M6.09M

1st Group Limited Annual Report History

Income Statement

Income Statement history of 1st Group Limited (ASX:1ST)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue4.95M3.96M3.43M2.31M
Cost Of Revenue4.34M3.49M3.64M4.15M
Gross Profit612.35k469.56k-209.35k-1.84M
Research Development----
Selling General Administrative5.33M4.36M3.44M2.39M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses9.83M8.24M8.3M7.9M
Operating Income-4.88M-4.28M-4.88M-5.6M
Total Other Income Expense Net-165.62k-163.29k-51.17k76.27k
Ebit-4.88M-4.28M-4.88M-5.6M
Interest Expense-164.81k-162.5k-56.64k-17.47k
Income Before Tax-5.04M-4.45M-4.93M-5.52M
Income Tax Expense-36.5k-141.1k-291.72k-389.24k
Minority Interest----
Net Income From Continuing Ops-5.01M-4.3M-4.64M-5.13M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-5.01M-4.3M-4.64M-5.13M
Net Income Applicable To Common Shares-5.01M-4.3M-4.64M-5.13M

Balance Sheet Statement

Balance Sheet Statement history of 1st Group Limited (ASX:1ST)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash2.05M2.77M277.16k2.93M
Net Receivables841.63k554.01k566k416.05k
Inventory7.15k7.15k8.14k-
Other Current Assets44.1k26.76k26.1k21.21k
Total Current Assets3.17M3.52M1.03M3.55M
Property Plant Equipment89.23k32.14k47.6k69.82k
Good Will2.5M2.5M2.5M2.5M
Intangible Assets828.34k961.87k1.34M2.54M
Total Assets6.59M7.01M4.91M8.66M
Accounts Payable950.06k665.22k298.34k370.66k
Other Current Liab484.74k476.56k209.19k231.2k
Long Term Debt1.49M1.84M964.9k-
Other Liab277.33k307.2k287.54k475.17k
Total Current Liabilities2.39M1.74M1M1.03M
Total Liab4.15M3.88M2.25M1.51M
Common Stock32.58M28.38M23.27M23.27M
Retained Earnings-32.72M-27.71M-23.09M-18.46M
Treasury Stock2.58M2.46M2.48M2.34M
Other Stockholder Equity2.58M2.46M2.48M2.34M
Total Stockholder Equity2.43M3.13M2.66M7.15M
Net Tangible Assets-895.32k-331.47k-1.18M2.12M

Cash Flow Statement

Cash Flow Statement history of 1st Group Limited (ASX:1ST)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-5.01M-4.3M-4.64M-5.13M
Depreciation159.06k167.32k174.34k184.27k
Change To Netincome250.99k-96.64k143.12k52.86k
Change To Account Receivables-117.74k143.41k-226.8k35.54k
Change To Liabilities564.84k457.26k-290.62k225.87k
Change To Operating Activities-194.93k-202.68k39.95k-165.02k
Total Cash From Operating Activities-4.34M-3.58M-3.65M-3.35M
Capital Expenditures-83.47k-8.57k-9.41k-27.62k
Total Cashflows From Investing Activities-83.47k-8.57k-9.41k-277.62k
Net Borrowings-350k900k1M1M
Total Cash From Financing Activities3.71M6.09M1M1M
Change In Cash-718.76k2.5M-2.66M-3.63M
Issuance Of Stock4.06M5.19M5.19M5.19M
Dividends Paid----