8VI Holdings Limited (ASX:8VI) Annual Report 2021



The latest annual report of 8VI Holdings Limited (8VI) was published on 31 Mar 2021. 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 - 8VI Annual Results

Amounts in SGD

Total Revenue
25.96M
Gross Profit
20.07M
EBIT
6.51M
Net Tangible Assets
10.61M
Net Income
5.86M
Capital Expenditures
-469.28k

8VI Income Statement 2021 Annual Report

As per the latest Income Statement of 8VI, the Net revenue increased by S$15.10M (139%) compared to the previous period. The operating income in 2021 increased by S$5.66M (666%). The net income as per the annual report was 5.86M which increased by S$4.79M (447%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue25.96M10.86M
Gross Profit20.07M7.9M
Operating Income6.51M850.14k
Income Before Tax7.53M868.75k
Net Income5.86M1.07M

Balance Sheet - 8VI 2021 Annual Report

Read further: 8VI Balance Sheet Detailed Analysis

The latest balance sheet from annual result of 8VI Holdings Limited showed the company increased the cash on balance sheet by S$11.20M (151%). The Net tangible assets of 8VI on the balance sheet were at 10.61M which is S$6.15M (138%) more than previous annual report. The total stockholder equity also increased by S$6.51M (133%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash18.63M7.43M
Total Assets26.96M 11.98M
Long Term Debt--
Total Liabilities14.67M 6.83M
Total Shareholder Equity11.41M4.9M
Net Tangible Assets10.61M4.46M

Cash Flow Statement - 8VI 2021 Annual Report

The 2021 annual cash flow statement of 8VI Holdings Limited showed that the net income increased by S$4.79M (447%) compared to previous reporting period. Also the capital expenditure of 8VI decreased by S$-300468 (-178%).

As of 2021, the total cash from investing activities was -4.23M and total cash from financing activities was -1.25M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income5.86M1.07M
Capital Expenditures-469.28k-168.81k
Dividends Paid--
Total Cash From From Investing Activities-4.23M274.31k
Total Cash From From Financing Activities-1.25M-1.47M

8VI Holdings Limited Annual Report History

Income Statement

Income Statement history of 8VI Holdings Limited (ASX:8VI)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue25.96M10.86M22.29M17.37M
Cost Of Revenue5.89M2.96M10M6.92M
Gross Profit20.07M7.9M12.29M10.44M
Research Development----
Selling General Administrative13.55M7.05M15.13M10.18M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses19.45M10.01M25.13M17.1M
Operating Income6.51M850.14k-2.84M260.63k
Total Other Income Expense Net1.02M18.61k-1.49M498.57k
Ebit6.51M850.14k-2.84M260.63k
Interest Expense-33.69k-81.57k-2.4k-3.52k
Income Before Tax7.53M868.75k-4.33M759.2k
Income Tax Expense1.04M89.33k386.52k-16.15k
Minority Interest876.85k243.25k303.14k569.9k
Net Income From Continuing Ops6.5M779.42k-4.72M775.35k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income5.86M1.07M-4.87M696.44k
Net Income Applicable To Common Shares5.86M1.07M-4.87M696.44k

Balance Sheet Statement

Balance Sheet Statement history of 8VI Holdings Limited (ASX:8VI)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash18.63M7.43M4.7M8.57M
Short Term Investments756.96k736.88k525.96k1.83M
Net Receivables483.98k794.92k637.49k2.61M
Other Current Assets426k190k190k190k
Total Current Assets24.41M9.69M6.4M14.66M
Long Term Investments7.42k7.44k156.04k107.22k
Property Plant Equipment1.44M1.57M521.57k1.13M
Good Will9.3k9.3k-2.15M
Intangible Assets790.4k430.44k-47.29k
Other Assets296.36k264.33k178.87k217k
Deferred Long Term Asset Charges296.36k264.33k178.87k217k
Total Assets26.96M11.98M7.26M18.31M
Accounts Payable474.97k199.25k247.42k633.83k
Other Current Liab10.33M4.25M2.2M4.26M
Other Liab237.79k4k4k158.59k
Minority Interest876.85k243.25k303.14k569.9k
Total Current Liabilities14.36M6.76M3.16M6.87M
Total Liab14.67M6.83M3.18M7.07M
Common Stock13.28M12.9M12.9M14.87M
Retained Earnings2.42M-3.44M-4.51M356.69k
Treasury Stock-4.29M-4.55M-4.61M-4.56M
Other Stockholder Equity-4.29M-4.55M-4.61M-4.56M
Total Stockholder Equity11.41M4.9M3.77M10.67M
Net Tangible Assets10.61M4.46M3.77M8.47M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of 8VI Holdings Limited (ASX:8VI)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income5.86M1.07M-4.87M696.44k
Depreciation1.63M1.69M567.36k442.98k
Change To Netincome1.77M-70.98k3.28M173.64k
Change To Account Receivables12.34k-451.54k-279.45k-1.21M
Change To Liabilities7.55M1.54M14.11k-432.33k
Change To Operating Activities-382.07k45.94k337.83k-224.98k
Total Cash From Operating Activities16.75M3.93M-1.4M-376.53k
Capital Expenditures-469.28k-168.81k-259.58k-575.59k
Investments-3.09M-206.17k881.28k-1.31M
Total Cashflows From Investing Activities-4.23M274.31k-2.45M8.73M
Net Borrowings-1.22M-1.39M-20.89k-15.75k
Other Cashflows From Financing Activities-33.69k-81.57k-81.57k-81.57k
Total Cash From Financing Activities-1.25M-1.47M-20.89k-4.42M
Effect Of Exchange Rate-77.5k1.69k1.91k1.91k
Change In Cash11.2M2.73M-3.87M3.94M
Dividends Paid----4.4M