A2B Australia Limited (ASX:A2B) Annual Report 2020



The latest annual report of A2B Australia Limited (A2B) 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 - A2B Annual Results

Amounts in AUD

Total Revenue
170.89M
Gross Profit
121.76M
EBIT
-9.7M
Net Tangible Assets
77.19M
Net Income
-23.82M
Capital Expenditures
-11.54M

A2B Income Statement 2020 Annual Report

As per the latest Income Statement of A2B, the Net revenue decreased by $-27.05M (-14%) compared to the previous period. The operating income in 2020 decreased by $-28.21M (-152%). The net income as per the annual report was -23.82M which decreased by $-35.64M (-301%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue170.89M197.94M
Gross Profit121.76M146.29M
Operating Income-9.7M18.51M
Income Before Tax-25.87M17.18M
Net Income-23.82M11.82M

Balance Sheet - A2B 2020 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 $6.59M (34%). The Net tangible assets of A2B on the balance sheet were at 77.19M which is $-22.37M (-22%) less than previous annual report. The total stockholder equity also decreased by $-33.63M (-21%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash25.76M19.17M
Total Assets190.67M 214.91M
Long Term Debt--
Total Liabilities59.34M 50.82M
Total Shareholder Equity130.28M163.91M
Net Tangible Assets77.19M99.56M

Cash Flow Statement - A2B 2020 Annual Report

The 2020 annual cash flow statement of A2B Australia Limited showed that the net income decreased by $-35.64M (-301%) compared to previous reporting period. Also the capital expenditure of A2B decreased by $-1.46M (-14%).

As of 2020, the total cash from investing activities was -18.34M and total cash from financing activities was -13.06M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-23.82M11.82M
Capital Expenditures-11.54M-10.08M
Dividends Paid-9.63M-9.63M
Total Cash From From Investing Activities-18.34M-19.51M
Total Cash From From Financing Activities-13.06M-9.98M

A2B Australia Limited Annual Report History

Income Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue170.89M197.94M185.54M151.95M
Cost Of Revenue49.14M51.66M49.72M31.52M
Gross Profit121.76M146.29M135.82M120.43M
Research Development----
Selling General Administrative106.75M101.34M90.5M65.62M
Non Recurring----
Other Operating Expenses6.94M11.88M11.17M6.97M
Total Operating Expenses180.59M179.43M166.59M117.81M
Operating Income-9.7M18.51M18.95M34.13M
Total Other Income Expense Net-16.17M-1.33M-15.23M-9.85M
Ebit-9.7M18.51M18.95M34.13M
Interest Expense-1.42M-804k-1.09M-3.57M
Income Before Tax-25.87M17.18M3.72M24.28M
Income Tax Expense-2.18M5.3M5.58M10.58M
Minority Interest1.05M177k177k177k
Net Income From Continuing Ops-23.7M11.88M-1.86M13.7M
Discontinued Operations---362k-104.25M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-23.82M11.82M-2.22M-90.55M
Net Income Applicable To Common Shares-23.82M11.82M-2.22M-90.55M

Balance Sheet Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash25.76M19.17M22.25M29.46M
Net Receivables34.22M72.56M66.02M78.75M
Inventory3.01M3.4M4.23M1.01M
Total Current Assets66.97M100.46M98.36M112.7M
Long Term Investments1.3M2.19M3.01M1.95M
Property Plant Equipment57.56M38.92M38.3M35.39M
Good Will27.49M25.71M25.1M15.25M
Intangible Assets25.6M38.64M33.26M44.99M
Other Assets11.75M8.99M6.67M6.31M
Deferred Long Term Asset Charges6.12M4.11M2.9M3.01M
Total Assets190.67M214.91M204.69M216.6M
Accounts Payable7.7M11.43M8.9M9.24M
Other Current Liab22.1M27.87M23.59M17.5M
Other Liab1.34M1.56M786k731k
Minority Interest1.05M177k--
Total Current Liabilities42.07M49.26M41.71M34.71M
Total Liab59.34M50.82M42.5M35.44M
Common Stock138.32M138.32M138.32M138.32M
Retained Earnings-8.48M25.51M23.52M42.6M
Treasury Stock433k71k348k228k
Other Stockholder Equity433k71k348k228k
Total Stockholder Equity130.28M163.91M162.19M181.15M
Net Tangible Assets77.19M99.56M103.84M120.91M
Long Term Debt----

Cash Flow Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-23.82M11.82M-2.22M-90.55M
Depreciation15.08M12.26M12.79M12.39M
Change To Netincome15.91M446k16.73M110.9M
Change To Account Receivables40.12M-5.92M-1.46M565k
Change To Liabilities-11.18M2.51M5M78k
Change To Inventory462k185k-2.24M310k
Change To Operating Activities71k632k823k290k
Total Cash From Operating Activities37.98M26.39M29.85M37.84M
Capital Expenditures-11.54M-10.08M-11.71M-8.63M
Total Cashflows From Investing Activities-18.34M-19.51M-19.57M204.99M
Dividends Paid-9.63M-9.63M-16.86M-24.09M
Net Borrowings-3.36M-351k-624k-105.99M
Other Cashflows From Financing Activities-70k-70k-70k-70k
Total Cash From Financing Activities-13.06M-9.98M-17.48M-226.42M
Effect Of Exchange Rate13k24k24k24k
Change In Cash6.59M-3.08M-7.2M16.42M