3P Learning Limited (ASX:3PL) Annual Report 2020



The latest annual report of 3P Learning Limited (3PL) 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 - 3PL Annual Results

Amounts in AUD

Total Revenue
55.1M
Gross Profit
21.49M
EBIT
2.97M
Net Tangible Assets
5.4M
Net Income
1.55M
Capital Expenditures
-136k

3PL Income Statement 2020 Annual Report

As per the latest Income Statement of 3PL, the Net revenue increased by $493000 (1%) compared to the previous period. The operating income in 2020 decreased by $-5.64M (-66%). The net income as per the annual report was 1.55M which decreased by $-4.36M (-74%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue55.1M54.61M
Gross Profit21.49M24.95M
Operating Income2.97M8.62M
Income Before Tax2.96M8.74M
Net Income1.55M5.91M

Balance Sheet - 3PL 2020 Annual Report

Read further: 3PL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of 3P Learning Limited showed the company increased the cash on balance sheet by $1.32M (5%). The Net tangible assets of 3PL on the balance sheet were at 5.4M which is $329000 (6%) more than previous annual report. The total stockholder equity also increased by $1.64M (7%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash27.08M25.77M
Total Assets69.11M 62.22M
Long Term Debt--
Total Liabilities42.85M 37.59M
Total Shareholder Equity26.27M24.62M
Net Tangible Assets5.4M5.07M

Cash Flow Statement - 3PL 2020 Annual Report

The 2020 annual cash flow statement of 3P Learning Limited showed that the net income decreased by $-4.36M (-74%) compared to previous reporting period. Also the capital expenditure of 3PL increased by $289000 (68%).

As of 2020, the total cash from investing activities was -10.21M and total cash from financing activities was -1.43M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income1.55M5.91M
Capital Expenditures-136k-425k
Dividends Paid--
Total Cash From From Investing Activities-10.21M-9.43M
Total Cash From From Financing Activities-1.43M-12k

3P Learning Limited Annual Report History

Income Statement

Income Statement history of 3P Learning Limited (ASX:3PL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue55.1M54.61M55.45M52.5M
Cost Of Revenue33.61M29.66M28.33M27.78M
Gross Profit21.49M24.95M27.12M24.71M
Research Development----
Selling General Administrative7.11M7.21M8.11M9.46M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses52.13M45.99M44.73M43.71M
Operating Income2.97M8.62M10.72M8.78M
Total Other Income Expense Net-14k129k-25.29M-17.63M
Ebit2.97M8.62M10.72M8.78M
Interest Expense-284k-138k-624k-1.07M
Income Before Tax2.96M8.74M-14.57M-8.85M
Income Tax Expense1.41M2.83M4.11M-1.59M
Minority Interest----99k
Net Income From Continuing Ops1.55M5.91M-18.68M-7.26M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.55M5.91M-18.69M-7.11M
Net Income Applicable To Common Shares1.55M5.91M-18.69M-7.11M

Balance Sheet Statement

Balance Sheet Statement history of 3P Learning Limited (ASX:3PL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash27.08M25.77M23.01M3.29M
Short Term Investments43k27k15k15k
Net Receivables10.09M9M4.83M7.54M
Total Current Assets38.76M36.58M29.81M11.76M
Property Plant Equipment3.49M1.04M926k1.07M
Good Will4.32M4.58M4.54M4.56M
Intangible Assets16.55M14.97M13.85M11.5M
Other Assets6M5.05M5.97M7.83M
Deferred Long Term Asset Charges4.76M5.03M5.96M7.79M
Total Assets69.11M62.22M55.09M83.34M
Accounts Payable2.88M1.94M1.88M1.7M
Other Current Liab24.39M25.03M27.06M29.53M
Other Liab4.01M4.11M2.33M3.01M
Total Current Liabilities35.61M33.48M33.73M36.39M
Total Liab42.85M37.59M36.08M48.93M
Common Stock34.49M34.37M34.23M34.09M
Retained Earnings-16.18M-17.8M-23.71M-4.95M
Treasury Stock7.95M8.05M8.48M5.36M
Other Stockholder Equity7.95M8.05M8.48M5.36M
Total Stockholder Equity26.27M24.62M19.01M34.51M
Net Tangible Assets5.4M5.07M622k18.45M
Long Term Debt---9.5M

Cash Flow Statement

Cash Flow Statement history of 3P Learning Limited (ASX:3PL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income1.55M5.91M-18.69M-7.11M
Depreciation2.46M1.14M835k552k
Change To Netincome-468k-955k24.85M4.7M
Change To Account Receivables-620k-4.22M1.41M1.29M
Change To Liabilities1.48M1.5M829k-1.22M
Change To Operating Activities35k1.02M-5.14M756k
Total Cash From Operating Activities13.15M12.18M14.01M14.75M
Capital Expenditures-136k-425k-269k-364k
Other Cashflows From Investing Activities528k528k528k-398k
Total Cashflows From Investing Activities-10.21M-9.43M14.85M-13.72M
Net Borrowings-1.43M-12k-9.51M-2.01M
Total Cash From Financing Activities-1.43M-12k-9.51M-2.01M
Effect Of Exchange Rate-195k15k375k-17k
Change In Cash1.32M2.75M19.73M-994k
Dividends Paid----