Aussie Broadband Limited (ASX:ABB) Annual Report 2021



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

Amounts in AUD

Total Revenue
350.27M
Gross Profit
56.94M
EBIT
10.28M
Net Tangible Assets
55.55M
Net Income
-4.49M
Capital Expenditures
-14.99M

ABB Income Statement 2021 Annual Report

As per the latest Income Statement of ABB, the Net revenue increased by $159.78M (84%) compared to the previous period. The operating income in 2021 increased by $12.72M (522%). The net income as per the annual report was -4.49M which increased by $7.80M (63%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue350.27M190.49M
Gross Profit56.94M21.92M
Operating Income10.28M-2.44M
Income Before Tax-4.15M-12.3M
Net Income-4.49M-12.3M

Balance Sheet - ABB 2021 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 $35.58M (166%). The Net tangible assets of ABB on the balance sheet were at 55.55M which is $78.73M (340%) more than previous annual report. The total stockholder equity also increased by $80.27M (387%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash57.01M21.43M
Total Assets116.91M 57.53M
Long Term Debt--
Total Liabilities57.37M 78.25M
Total Shareholder Equity59.55M-20.72M
Net Tangible Assets55.55M-23.18M

Cash Flow Statement - ABB 2021 Annual Report

The 2021 annual cash flow statement of Aussie Broadband Limited showed that the net income increased by $7.80M (63%) compared to previous reporting period. Also the capital expenditure of ABB decreased by $-11.09M (-285%).

As of 2021, the total cash from investing activities was -17.13M and total cash from financing activities was 27.42M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-4.49M-12.3M
Capital Expenditures-14.99M-3.9M
Dividends Paid--
Total Cash From From Investing Activities-17.13M-5.37M
Total Cash From From Financing Activities27.42M19.41M

Aussie Broadband Limited Annual Report History

Income Statement

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

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue350.27M190.49M101.75M49.27M
Cost Of Revenue293.33M168.57M83.94M45.66M
Gross Profit56.94M21.92M17.81M3.61M
Research Development----
Selling General Administrative39.1M18.86M16.27M1.34M
Non Recurring----
Other Operating Expenses---6.43k2.42M
Total Operating Expenses339.99M192.93M101.76M50.32M
Operating Income10.28M-2.44M-18.58k-1.06M
Total Other Income Expense Net-14.44M-9.86M-569.81k-24.1k
Ebit10.28M-2.44M-18.58k-1.06M
Interest Expense-2.26M-6.98M-570.12k-26.43k
Income Before Tax-4.15M-12.3M-588.4k-1.08M
Income Tax Expense340k--77.65k-
Minority Interest----
Net Income From Continuing Ops-4.49M-12.3M-510.74k-1.08M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-4.49M-12.3M-510.74k-1.08M
Net Income Applicable To Common Shares-4.49M-12.3M-510.74k-1.08M

Balance Sheet Statement

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

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash57.01M21.43M488.41k386.45k
Short Term Investments15k1.95M2.04M-
Net Receivables16.95M11.39M7.47M2.71M
Inventory5.5M1.69M384.12k223.25k
Total Current Assets81.49M37.05M11.21M3.63M
Property Plant Equipment29.67M17.79M7.99M2.2M
Intangible Assets3.99M2.46M4.83M1.11M
Other Assets1.76M228k1.37M166.25k
Deferred Long Term Asset Charges1.08M-1.27M-
Total Assets116.91M57.53M25.4M7.1M
Accounts Payable18.51M11.18M8.49M4.94M
Other Current Liab17.07M23.12M5.59M3.96M
Other Liab348k234k976.52k59.72k
Total Current Liabilities51.94M70.48M16.22M10.38M
Total Liab57.37M78.25M25.68M10.52M
Common Stock95.09M10.63M10.63M10.63M
Retained Earnings-35.85M-31.36M-12.86M-14.05M
Treasury Stock308k-1.95M-
Other Stockholder Equity308k-1.95M-
Total Stockholder Equity59.55M-20.72M-276.91k-3.42M
Net Tangible Assets55.55M-23.18M-5.11M-4.52M
Long Term Debt--5.5M81.08k

Cash Flow Statement

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

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-4.49M-12.3M-510.74k-1.08M
Depreciation7M5.07M1.15M900.88k
Change To Netincome15.1M8.89M39.07k39.07k
Change To Account Receivables-5.56M-3.96M-4.79M-1.66M
Change To Liabilities15.36M9.44M5.19M3.17M
Change To Inventory-3.81M-1.31M-160.87k210.28k
Change To Operating Activities1.13M637k89.42k85.51k
Total Cash From Operating Activities25.28M6.9M1.41M1.63M
Capital Expenditures-14.99M-3.9M-3.25M-434.12k
Total Cashflows From Investing Activities-17.13M-5.37M-4.44M-1.08M
Net Borrowings-11.49M19.54M5.15M-326.03k
Other Cashflows From Financing Activities1.48M-125k-1.9M-1.9M
Total Cash From Financing Activities27.42M19.41M3.13M-313.63k
Change In Cash35.58M20.95M101.96k235.54k
Issuance Of Stock37.44M37.44M37.44M12.4k
Dividends Paid---120.03k-120.03k