Aussie Broadband Limited (ASX:ABB) Annual Report 2020



The latest annual report of Aussie Broadband Limited (ABB) 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 - ABB Annual Results

Amounts in AUD

Total Revenue
190.49M
Gross Profit
21.92M
EBIT
-2.44M
Net Tangible Assets
-23.18M
Net Income
-12.3M
Capital Expenditures
-3.9M

ABB Income Statement 2020 Annual Report

As per the latest Income Statement of ABB, the Net revenue increased by $88.75M (87%) compared to the previous period. The operating income in 2020 decreased by $-2.42M (-13026%). The net income as per the annual report was -12.3M which decreased by $-11.79M (-2308%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue190.49M101.75M
Gross Profit21.92M17.81M
Operating Income-2.44M-18.58k
Income Before Tax-12.3M-588.4k
Net Income-12.3M-510.74k

Balance Sheet - ABB 2020 Annual Report

Read further: ABB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aussie Broadband Limited showed the company increased the cash on balance sheet by $20.95M (4289%). The Net tangible assets of ABB on the balance sheet were at -23.18M which is $-18.07M (-354%) less than previous annual report. The total stockholder equity also decreased by $-20.45M (-7384%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash21.43M488.41k
Total Assets57.53M 25.4M
Long Term Debt-5.5M
Total Liabilities78.25M 25.68M
Total Shareholder Equity-20.72M-276.91k
Net Tangible Assets-23.18M-5.11M

Cash Flow Statement - ABB 2020 Annual Report

The 2020 annual cash flow statement of Aussie Broadband Limited showed that the net income decreased by $-11.79M (-2308%) compared to previous reporting period. Also the capital expenditure of ABB decreased by $-652745 (-20%).

As of 2020, the total cash from investing activities was -5.37M and total cash from financing activities was 19.41M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-12.3M-510.74k
Capital Expenditures-3.9M-3.25M
Dividends Paid--120.03k
Total Cash From From Investing Activities-5.37M-4.44M
Total Cash From From Financing Activities19.41M3.13M

Aussie Broadband Limited Annual Report History

Income Statement

Income Statement history of Aussie Broadband Limited (ASX:ABB)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue190.49M101.75M49.27M25.46M
Cost Of Revenue168.57M83.94M45.66M23.85M
Gross Profit21.92M17.81M3.61M1.61M
Research Development----
Selling General Administrative18.86M16.27M1.34M1.87M
Non Recurring----
Other Operating Expenses--6.43k2.42M1.38M
Total Operating Expenses192.93M101.76M50.32M28.23M
Operating Income-2.44M-18.58k-1.06M-2.77M
Total Other Income Expense Net-9.86M-569.81k-24.1k239.45k
Ebit-2.44M-18.58k-1.06M-2.77M
Interest Expense-6.98M-570.12k-26.43k-31.18k
Income Before Tax-12.3M-588.4k-1.08M-2.53M
Income Tax Expense--77.65k--
Minority Interest----
Net Income From Continuing Ops-12.3M-510.74k-1.08M-2.53M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-12.3M-510.74k-1.08M-2.53M
Net Income Applicable To Common Shares-12.3M-510.74k-1.08M-2.53M

Balance Sheet Statement

Balance Sheet Statement history of Aussie Broadband Limited (ASX:ABB)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash21.43M488.41k386.45k150.91k
Short Term Investments1.95M2.04M--
Net Receivables11.39M7.47M2.71M1.08M
Inventory1.69M384.12k223.25k433.53k
Total Current Assets37.05M11.21M3.63M1.83M
Property Plant Equipment17.79M7.99M2.2M2.47M
Intangible Assets2.46M4.83M1.11M667.25k
Other Assets228k1.37M166.25k166.25k
Total Assets57.53M25.4M7.1M5.13M
Accounts Payable11.18M8.49M4.94M4.27M
Short Long Term Debt5.5M---
Other Current Liab23.12M5.59M3.96M1.13M
Other Liab234k976.52k59.72k375.13k
Total Current Liabilities70.48M16.22M10.38M6.83M
Total Liab78.25M25.68M10.52M7.47M
Common Stock10.63M10.63M10.63M10.63M
Retained Earnings-31.36M-12.86M-14.05M-12.97M
Total Stockholder Equity-20.72M-276.91k-3.42M-2.33M
Net Tangible Assets-23.18M-5.11M-4.52M-3M
Long Term Debt-5.5M81.08k267.06k

Cash Flow Statement

Cash Flow Statement history of Aussie Broadband Limited (ASX:ABB)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-12.3M-510.74k-1.08M-2.53M
Depreciation5.07M1.15M900.88k1.13M
Change To Netincome203k39.07k39.07k39.07k
Change To Account Receivables-3.96M-4.79M-1.66M-757.26k
Change To Liabilities9.44M5.19M3.17M2.47M
Change To Inventory-1.31M-160.87k210.28k-272.41k
Change To Operating Activities9.32M89.42k85.51k117.01k
Total Cash From Operating Activities6.9M1.41M1.63M168.41k
Capital Expenditures-3.9M-3.25M-434.12k-885.63k
Total Cashflows From Investing Activities-5.37M-4.44M-1.08M-1.69M
Net Borrowings19.54M5.15M-326.03k444.19k
Other Cashflows From Financing Activities-125k-1.9M-1.9M-1.9M
Total Cash From Financing Activities19.41M3.13M-313.63k1.24M
Change In Cash20.95M101.96k235.54k-286.64k
Dividends Paid--120.03k-120.03k-120.03k