5G Networks Limited (ASX:5GN) Annual Report 2020



The latest annual report of 5G Networks Limited (5GN) 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 - 5GN Annual Results

Amounts in AUD

Total Revenue
49.33M
Gross Profit
9.23M
EBIT
149k
Net Tangible Assets
18.79M
Net Income
-1.54M
Capital Expenditures
-3.31M

5GN Income Statement 2020 Annual Report

As per the latest Income Statement of 5GN, the Net revenue decreased by $-1.83M (-4%) compared to the previous period. The operating income in 2020 increased by $2.44M (106%). The net income as per the annual report was -1.54M which increased by $2.60M (63%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue49.33M51.16M
Gross Profit9.23M5.55M
Operating Income149k-2.29M
Income Before Tax-2.15M-4.14M
Net Income-1.54M-4.14M

Balance Sheet - 5GN 2020 Annual Report

Read further: 5GN Balance Sheet Detailed Analysis

The latest balance sheet from annual result of 5G Networks Limited showed the company increased the cash on balance sheet by $16.46M (291%). The Net tangible assets of 5GN on the balance sheet were at 18.79M which is $15.78M (523%) more than previous annual report. The total stockholder equity also increased by $19.27M (118%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash22.12M5.66M
Total Assets67.77M 45.78M
Long Term Debt2.33M3.48M
Total Liabilities32.11M 29.39M
Total Shareholder Equity35.66M16.39M
Net Tangible Assets18.79M3.02M

Cash Flow Statement - 5GN 2020 Annual Report

The 2020 annual cash flow statement of 5G Networks Limited showed that the net income increased by $2.60M (63%) compared to previous reporting period. Also the capital expenditure of 5GN decreased by $-2.11M (-175%).

As of 2020, the total cash from investing activities was -7.79M and total cash from financing activities was 16.73M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-1.54M-4.14M
Capital Expenditures-3.31M-1.2M
Dividends Paid-580k-580k
Total Cash From From Investing Activities-7.79M-4.77M
Total Cash From From Financing Activities16.73M6.13M

5G Networks Limited Annual Report History

Income Statement

Income Statement history of 5G Networks Limited (ASX:5GN)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue49.33M51.16M5.41M-
Cost Of Revenue40.09M45.6M4.81M-
Gross Profit9.23M5.55M599k-
Research Development----
Selling General Administrative635k935k292k116.75k
Non Recurring----
Other Operating Expenses2.05M1.38M-299k-299k
Total Operating Expenses49.18M53.45M5.17M116.9k
Operating Income149k-2.29M231k-116.9k
Total Other Income Expense Net-2.3M-2.66M-243k-
Ebit149k-2.29M231k-116.9k
Interest Expense-1.43M-1.15M-9k-9k
Income Before Tax-2.15M-4.14M-12k-116.9k
Income Tax Expense-606k-313k-13.86k
Minority Interest----
Net Income From Continuing Ops-1.54M-4.14M-325k-103.03k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-1.54M-4.14M-325k-103.03k
Net Income Applicable To Common Shares-1.54M-4.14M-325k-103.03k

Balance Sheet Statement

Balance Sheet Statement history of 5G Networks Limited (ASX:5GN)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash22.12M5.66M3.36M238.8k
Net Receivables3.51M4.82M1.85M97.94k
Inventory160k152k--
Other Current Assets1.49M1.21M45k-
Total Current Assets27.75M12.47M5.33M336.74k
Property Plant Equipment21.43M19.25M1.08M23.88k
Good Will16.57M13M6.84M-
Intangible Assets294k372k--
Other Assets1.73M680k249k83.86k
Deferred Long Term Asset Charges1.73M610k179k13.86k
Total Assets67.77M45.78M13.51M444.48k
Accounts Payable3.14M3.03M744k24.52k
Short Long Term Debt1.21M313k194k-
Other Current Liab5.44M3.02M3.26M3k
Long Term Debt2.33M3.48M66k-
Other Liab1.57M1.67M4k-
Total Current Liabilities16.66M11.17M4.89M27.52k
Total Liab32.11M29.39M5.03M27.52k
Common Stock38.64M18.61M8.78M520k
Retained Earnings-6.76M-4.57M-428k-103.03k
Treasury Stock3.77M2.35M134k-
Other Stockholder Equity3.77M2.35M134k-
Total Stockholder Equity35.66M16.39M8.48M416.97k
Net Tangible Assets18.79M3.02M1.64M416.97k

Cash Flow Statement

Cash Flow Statement history of 5G Networks Limited (ASX:5GN)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-1.54M-4.14M-325k-103.03k
Depreciation4.97M3.31M241k153
Change To Netincome1.45M1.98M193k3k
Change To Account Receivables1.04M-877k-211k-14.94k
Change To Liabilities922k287k-431k10.65k
Change To Operating Activities845k383k-116k-116k
Total Cash From Operating Activities7.51M941k-672k-104.16k
Capital Expenditures-3.31M-1.2M-295k-24.03k
Other Cashflows From Investing Activities-397k-1M-1M-1M
Total Cashflows From Investing Activities-7.79M-4.77M-3.34M-24.03k
Dividends Paid-580k-580k-580k-580k
Net Borrowings-3.13M-1.77M437k437k
Other Cashflows From Financing Activities-974k-622k-873k-873k
Total Cash From Financing Activities16.73M6.13M7.13M367k
Change In Cash16.46M2.3M3.12M238.8k
Issuance Of Stock21.41M8.52M7.57M367k