ABx Group Limited (ASX:ABX) Annual Report 2020



The latest annual report of ABx Group Limited (ABX) was published on 31 Dec 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 - ABX Annual Results

Amounts in AUD

Total Revenue
2.28M
Gross Profit
2.28M
EBIT
-566k
Net Tangible Assets
14.94M
Net Income
-594k
Capital Expenditures
-52k

ABX Income Statement 2020 Annual Report

As per the latest Income Statement of ABX, the Net revenue increased by $107000 (5%) compared to the previous period. The operating income in 2020 increased by $1.83M (76%). The net income as per the annual report was -594k which increased by $1.88M (76%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue2.28M2.17M
Gross Profit2.28M2.17M
Operating Income-566k-2.4M
Income Before Tax-594k-2.48M
Net Income-594k-2.48M

Balance Sheet - ABX 2020 Annual Report

Read further: ABX Balance Sheet Detailed Analysis

The latest balance sheet from annual result of ABx Group Limited showed the company reduced the cash on balance sheet by $-8000 (-1%). The Net tangible assets of ABX on the balance sheet were at 14.94M which is $135000 (1%) more than previous annual report. The total stockholder equity also increased by $135000 (1%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash901k909k
Total Assets16.92M 17.12M
Long Term Debt--
Total Liabilities1.98M 2.3M
Total Shareholder Equity14.94M14.8M
Net Tangible Assets14.94M14.8M

Cash Flow Statement - ABX 2020 Annual Report

The 2020 annual cash flow statement of ABx Group Limited showed that the net income increased by $1.88M (76%) compared to previous reporting period. Also the capital expenditure of ABX increased by $444000 (90%).

As of 2020, the total cash from investing activities was 1.06M and total cash from financing activities was 721k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-594k-2.48M
Capital Expenditures-52k-496k
Dividends Paid--
Total Cash From From Investing Activities1.06M1.09M
Total Cash From From Financing Activities721k595k

ABx Group Limited Annual Report History

Income Statement

Income Statement history of ABx Group Limited (ASX:ABX)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue2.28M2.17M177k1.98M
Cost Of Revenue----
Gross Profit2.28M2.17M177k1.98M
Research Development----
Selling General Administrative871k570k923k920k
Non Recurring----
Other Operating Expenses-1.63M-865k-864k-786k
Total Operating Expenses2.85M4.57M2.48M1.77M
Operating Income-566k-2.4M-2.31M206k
Total Other Income Expense Net-28k-77k-68k-27k
Ebit-566k-2.4M-2.31M206k
Interest Expense-32k-17k-17k-15k
Income Before Tax-594k-2.48M-2.37M179k
Income Tax Expense----
Minority Interest8k16k16k16k
Net Income From Continuing Ops-594k-2.48M-2.37M179k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-594k-2.48M-2.37M179k
Net Income Applicable To Common Shares-594k-2.48M-2.37M179k

Balance Sheet Statement

Balance Sheet Statement history of ABx Group Limited (ASX:ABX)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash901k909k1.84M1.94M
Net Receivables57k49k1.18M7k
Other Current Assets43k34k87k-50k
Total Current Assets1.09M1.06M3.2M1.98M
Property Plant Equipment15.79M16M15.46M16.85M
Other Assets37k56k44k52k
Total Assets16.92M17.12M18.71M18.88M
Accounts Payable252k206k273k38k
Other Current Liab875k1.26M867k867k
Other Liab453k432k523k520k
Minority Interest8k16k--
Total Current Liabilities1.53M1.87M1.49M1.04M
Total Liab1.98M2.3M2.01M1.56M
Common Stock25.75M25.31M25.31M25.07M
Retained Earnings-13.75M-13.2M-10.73M-8.35M
Treasury Stock2.94M2.69M2.11M593k
Other Stockholder Equity2.94M2.69M2.11M593k
Total Stockholder Equity14.94M14.8M16.7M17.32M
Net Tangible Assets14.94M14.8M16.7M17.32M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of ABx Group Limited (ASX:ABX)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income-594k-2.48M-2.37M179k
Depreciation249k249k249k1k
Change To Netincome-1.7M-406k723k-259k
Change To Account Receivables-68k-77k287k-622k
Change To Liabilities344k362k277k44k
Change To Operating Activities-22k-23k-10k-59k
Total Cash From Operating Activities-1.79M-2.62M-1.1M-716k
Capital Expenditures-52k-496k-2k-2k
Other Cashflows From Investing Activities1.11M1.59M-514k808k
Total Cashflows From Investing Activities1.06M1.09M-516k808k
Total Cash From Financing Activities721k595k1.52M1.52M
Change In Cash-8k-935k-94k92k
Issuance Of Stock721k595k1.52M1.52M
Dividends Paid----