A2B Australia Limited (ASX:A2B) Annual Report 2022



The latest annual report of A2B Australia Limited (A2B) was published on 30 Jun 2022. 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
126.14M
Gross Profit
104.98M
EBIT
-30.89M
Net Tangible Assets
43.18M
Net Income
-28.12M
Capital Expenditures
-4.04M

A2B Income Statement 2022 Annual Report

As per the latest Income Statement of A2B, the Net revenue increased by $12.77M (11%) compared to the previous period. The operating income in 2022 increased by $9.77M (24%). The net income as per the annual report was -28.12M which decreased by $-9.84M (-54%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue126.14M113.37M
Gross Profit104.98M89.61M
Operating Income-30.89M-40.65M
Income Before Tax-39.72M-25.6M
Net Income-28.12M-18.27M

Balance Sheet - A2B 2022 Annual Report

Read further: A2B Balance Sheet Detailed Analysis

The latest balance sheet from annual result of A2B Australia Limited showed the company increased the cash on balance sheet by $421000 (4%). The Net tangible assets of A2B on the balance sheet were at 43.18M which is $-20.37M (-32%) less than previous annual report. The total stockholder equity also decreased by $-27.06M (-24%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash12.29M11.87M
Total Assets178.07M 177.99M
Long Term Debt17.27M-
Total Liabilities91.93M 65M
Total Shareholder Equity84.74M111.8M
Net Tangible Assets43.18M63.55M

Cash Flow Statement - A2B 2022 Annual Report

The 2022 annual cash flow statement of A2B Australia Limited showed that the net income decreased by $-9.84M (-54%) compared to previous reporting period. Also the capital expenditure of A2B decreased by $-1.11M (-38%).

As of 2022, the total cash from investing activities was -8.33M and total cash from financing activities was 14.96M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income-28.12M-18.27M
Capital Expenditures-4.04M-2.94M
Dividends Paid--
Total Cash From From Investing Activities-8.33M-6.16M
Total Cash From From Financing Activities14.96M-2.81M

A2B Australia Limited Annual Report History

Income Statement

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

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Total Revenue126.14M113.37M170.89M197.94M
Cost Of Revenue21.16M23.77M49.14M51.66M
Gross Profit104.98M89.61M121.76M146.29M
Research Development----
Selling General Administrative89.24M84.4M106.93M101.34M
Non Recurring----
Other Operating Expenses30.45M27.94M15.65M11.88M
Total Operating Expenses157.03M154.03M189.4M179.43M
Operating Income-30.89M-40.65M-18.51M18.51M
Total Other Income Expense Net-8.83M15.05M-7.46M-1.33M
Ebit-30.89M-40.65M-18.51M18.51M
Interest Expense-1.22M-1.08M-1.42M-804k
Income Before Tax-39.72M-25.6M-25.96M17.18M
Income Tax Expense-11.9M-7.54M-2.21M5.3M
Minority Interest1.4M1.19M1.05M177k
Net Income From Continuing Ops-27.82M-18.07M-23.76M11.88M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-28.12M-18.27M-23.88M11.82M
Net Income Applicable To Common Shares-28.12M-18.27M-23.88M11.82M

Balance Sheet Statement

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

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Cash12.29M11.87M25.76M19.17M
Net Receivables60.25M50.22M34.5M72.56M
Inventory3.67M3.27M3.01M3.4M
Total Current Assets79.54M69M67.25M100.46M
Long Term Investments977k977k1.3M2.19M
Property Plant Equipment30.19M45.7M57.56M38.92M
Good Will27.49M27.49M27.49M25.71M
Intangible Assets14.07M20.76M24.56M38.64M
Other Assets25.81M14.06M11.77M8.99M
Deferred Long Term Asset Charges20.51M8.22M6.15M4.11M
Total Assets178.07M177.99M189.93M214.91M
Accounts Payable10.22M12.16M7.7M11.43M
Other Current Liab46.36M27.91M22.09M27.87M
Long Term Debt17.27M---
Other Liab1.5M1.94M1.34M1.56M
Minority Interest1.4M1.19M1.05M177k
Total Current Liabilities67.62M51.75M42.07M49.26M
Total Liab91.93M65M59.34M50.82M
Common Stock138.32M138.32M138.32M138.32M
Retained Earnings-55.6M-27.49M-9.21M25.51M
Treasury Stock2.02M959k433k71k
Other Stockholder Equity2.02M959k433k71k
Total Stockholder Equity84.74M111.8M129.54M163.91M
Net Tangible Assets43.18M63.55M77.5M99.56M

Cash Flow Statement

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

30 Jun 202230 Jun 202130 Jun 202030 Jun 2019
Net Income-28.12M-18.27M-23.88M11.82M
Depreciation11.27M12.35M15.08M12.26M
Change To Netincome5.45M2.55M15.75M446k
Change To Account Receivables-14.79M-10.27M40.12M-5.92M
Change To Liabilities3.94M8.72M-11.18M2.51M
Change To Inventory-396k-262k462k185k
Change To Operating Activities-436k86k71k632k
Total Cash From Operating Activities-6.24M-4.85M37.79M26.39M
Capital Expenditures-4.04M-2.94M-11.54M-10.08M
Total Cashflows From Investing Activities-8.33M-6.16M-18.16M-19.51M
Net Borrowings15.04M-2.74M-3.36M-351k
Other Cashflows From Financing Activities-83k-67k-70k-70k
Total Cash From Financing Activities14.96M-2.81M-13.06M-9.98M
Effect Of Exchange Rate36k-63k13k24k
Change In Cash421k-13.88M6.59M-3.08M
Dividends Paid---9.63M-9.63M