A2B Australia Limited (ASX:A2B) Annual Report 2021



The latest annual report of A2B Australia Limited (A2B) was published on 30 Jun 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 - A2B Annual Results

Amounts in AUD

Total Revenue
113.37M
Gross Profit
89.61M
EBIT
-40.65M
Net Tangible Assets
63.55M
Net Income
-18.27M
Capital Expenditures
-2.94M

A2B Income Statement 2021 Annual Report

As per the latest Income Statement of A2B, the Net revenue decreased by $-57.52M (-34%) compared to the previous period. The operating income in 2021 decreased by $-22.15M (-120%). The net income as per the annual report was -18.27M which increased by $5.61M (23%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue113.37M170.89M
Gross Profit89.61M121.76M
Operating Income-40.65M-18.51M
Income Before Tax-25.6M-25.96M
Net Income-18.27M-23.88M

Balance Sheet - A2B 2021 Annual Report

Read further: A2B Balance Sheet Detailed Analysis

The latest balance sheet from annual result of A2B Australia Limited showed the company reduced the cash on balance sheet by $-13.88M (-54%). The Net tangible assets of A2B on the balance sheet were at 63.55M which is $-13.95M (-18%) less than previous annual report. The total stockholder equity also decreased by $-17.75M (-14%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash11.87M25.76M
Total Assets177.99M 189.93M
Long Term Debt--
Total Liabilities65M 59.34M
Total Shareholder Equity111.8M129.54M
Net Tangible Assets63.55M77.5M

Cash Flow Statement - A2B 2021 Annual Report

The 2021 annual cash flow statement of A2B Australia Limited showed that the net income increased by $5.61M (23%) compared to previous reporting period. Also the capital expenditure of A2B increased by $8.60M (75%).

As of 2021, the total cash from investing activities was -6.16M and total cash from financing activities was -2.81M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-18.27M-23.88M
Capital Expenditures-2.94M-11.54M
Dividends Paid--9.63M
Total Cash From From Investing Activities-6.16M-18.16M
Total Cash From From Financing Activities-2.81M-13.06M

A2B Australia Limited Annual Report History

Income Statement

Income Statement history of A2B Australia Limited (ASX:A2B)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue113.37M170.89M197.94M185.54M
Cost Of Revenue23.77M49.14M51.66M49.72M
Gross Profit89.61M121.76M146.29M135.82M
Research Development----
Selling General Administrative96.73M106.93M101.34M90.5M
Non Recurring----
Other Operating Expenses15.62M15.65M11.88M11.17M
Total Operating Expenses154.03M189.4M179.43M166.59M
Operating Income-40.65M-18.51M18.51M18.95M
Total Other Income Expense Net15.05M-7.46M-1.33M-15.23M
Ebit-40.65M-18.51M18.51M18.95M
Interest Expense-1.08M-1.42M-804k-1.09M
Income Before Tax-25.6M-25.96M17.18M3.72M
Income Tax Expense-7.54M-2.21M5.3M5.58M
Minority Interest1.19M1.05M177k177k
Net Income From Continuing Ops-18.07M-23.76M11.88M-1.86M
Discontinued Operations----362k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-18.27M-23.88M11.82M-2.22M
Net Income Applicable To Common Shares-18.27M-23.88M11.82M-2.22M

Balance Sheet Statement

Balance Sheet Statement history of A2B Australia Limited (ASX:A2B)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash11.87M25.76M19.17M22.25M
Net Receivables50.22M34.5M72.56M66.02M
Inventory3.27M3.01M3.4M4.23M
Total Current Assets69M67.25M100.46M98.36M
Long Term Investments977k1.3M2.19M3.01M
Property Plant Equipment45.7M57.56M38.92M38.3M
Good Will27.49M27.49M25.71M25.1M
Intangible Assets20.76M24.56M38.64M33.26M
Other Assets14.06M11.77M8.99M6.67M
Deferred Long Term Asset Charges8.22M6.15M4.11M2.9M
Total Assets177.99M189.93M214.91M204.69M
Accounts Payable12.16M7.7M11.43M8.9M
Other Current Liab27.91M22.09M27.87M23.59M
Other Liab1.94M1.34M1.56M786k
Minority Interest1.19M1.05M177k-
Total Current Liabilities51.75M42.07M49.26M41.71M
Total Liab65M59.34M50.82M42.5M
Common Stock138.32M138.32M138.32M138.32M
Retained Earnings-27.49M-9.21M25.51M23.52M
Treasury Stock959k433k71k348k
Other Stockholder Equity959k433k71k348k
Total Stockholder Equity111.8M129.54M163.91M162.19M
Net Tangible Assets63.55M77.5M99.56M103.84M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of A2B Australia Limited (ASX:A2B)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-18.27M-23.88M11.82M-2.22M
Depreciation12.35M15.08M12.26M12.79M
Change To Netincome2.55M15.75M446k16.73M
Change To Account Receivables-10.27M40.12M-5.92M-1.46M
Change To Liabilities8.72M-11.18M2.51M5M
Change To Inventory-262k462k185k-2.24M
Change To Operating Activities86k71k632k823k
Total Cash From Operating Activities-4.85M37.79M26.39M29.85M
Capital Expenditures-2.94M-11.54M-10.08M-11.71M
Total Cashflows From Investing Activities-6.16M-18.16M-19.51M-19.57M
Net Borrowings-2.74M-3.36M-351k-624k
Other Cashflows From Financing Activities-67k-70k-70k-70k
Total Cash From Financing Activities-2.81M-13.06M-9.98M-17.48M
Effect Of Exchange Rate-63k13k24k24k
Change In Cash-13.88M6.59M-3.08M-7.2M
Dividends Paid--9.63M-9.63M-16.86M