Adore Beauty Group Limited (ASX:ABY) Annual Report 2020



The latest annual report of Adore Beauty Group Limited (ABY) 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 - ABY Annual Results

Amounts in AUD

Total Revenue
121.14M
Gross Profit
38.55M
EBIT
2.86M
Net Tangible Assets
13.99M
Net Income
-1.23M
Capital Expenditures
-529.11k

ABY Income Statement 2020 Annual Report

As per the latest Income Statement of ABY, the Net revenue increased by $47.82M (65%) compared to the previous period. The operating income in 2020 increased by $265597 (10%). The net income as per the annual report was -1.23M which decreased by $-2.18M (-229%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue121.14M73.32M
Gross Profit38.55M22.1M
Operating Income2.86M2.6M
Income Before Tax898.36k1.34M
Net Income-1.23M951.18k

Balance Sheet - ABY 2020 Annual Report

Read further: ABY Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Adore Beauty Group Limited showed the company increased the cash on balance sheet by $14.62M (756%). The Net tangible assets of ABY on the balance sheet were at 13.99M which is $12.26M (708%) more than previous annual report. The total stockholder equity also increased by $12.98M (545%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash16.56M1.94M
Total Assets39.55M 12.03M
Long Term Debt-576.66k
Total Liabilities24.19M 9.65M
Total Shareholder Equity15.36M2.38M
Net Tangible Assets13.99M1.73M

Cash Flow Statement - ABY 2020 Annual Report

The 2020 annual cash flow statement of Adore Beauty Group Limited showed that the net income decreased by $-2.18M (-229%) compared to previous reporting period. Also the capital expenditure of ABY increased by $307134 (37%).

As of 2020, the total cash from investing activities was -1.59M and total cash from financing activities was 11.65M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-1.23M951.18k
Capital Expenditures-529.11k-836.24k
Dividends Paid-1.41M-553.47k
Total Cash From From Investing Activities-1.59M-1.27M
Total Cash From From Financing Activities11.65M-28.28k

Adore Beauty Group Limited Annual Report History

Income Statement

Income Statement history of Adore Beauty Group Limited (ASX:ABY)

30 Jun 202030 Jun 201930 Jun 2018
Total Revenue121.14M73.32M52.8M
Cost Of Revenue82.59M51.22M36.8M
Gross Profit38.55M22.1M16M
Research Development---
Selling General Administrative26.41M15.7M9.4M
Non Recurring---
Other Operating Expenses9.28M3.81M5.1M
Total Operating Expenses118.28M70.72M51.5M
Operating Income2.86M2.6M1.3M
Total Other Income Expense Net-1.97M-1.26M-147.97k
Ebit2.86M2.6M1.3M
Interest Expense-221.56k-75.98k-47.97k
Income Before Tax898.36k1.34M1.2M
Income Tax Expense2.13M391.57k300k
Minority Interest---
Net Income From Continuing Ops-1.23M951.18k900k
Discontinued Operations---
Extraordinary Items---
Effect Of Accounting Charges---
Other Items---
Net Income-1.23M951.18k900k
Net Income Applicable To Common Shares-1.23M951.18k900k

Balance Sheet Statement

Balance Sheet Statement history of Adore Beauty Group Limited (ASX:ABY)

30 Jun 202030 Jun 201930 Jun 2018
Cash16.56M1.94M1.84M
Net Receivables2.09M505.35k396.57k
Inventory14.71M7.13M6.07M
Other Current Assets220.25k2.85k117.28k
Total Current Assets35.03M10.24M9.17M
Property Plant Equipment2.25M964.74k351.99k
Intangible Assets1.37M649.41k429.23k
Other Assets904.14k175.56k77.31k
Deferred Long Term Asset Charges895.21k175.56k77.31k
Total Assets39.55M12.03M10.03M
Accounts Payable15.44M6.98M4.92M
Short Long Term Debt3.21M1.1M-
Other Current Liab3.11M266.92k1.21M
Other Liab108.77k--
Deferred Long Term Liab8.93k--
Total Current Liabilities23.41M9.08M6.94M
Total Liab24.19M9.65M8.05M
Common Stock85M100100
Retained Earnings-1.53M2.38M1.98M
Treasury Stock-68.11M--
Other Stockholder Equity-68.11M--
Total Stockholder Equity15.36M2.38M1.98M
Net Tangible Assets13.99M1.73M1.55M
Long Term Debt-576.66k1.11M

Cash Flow Statement

Cash Flow Statement history of Adore Beauty Group Limited (ASX:ABY)

30 Jun 202030 Jun 201930 Jun 2018
Net Income-1.23M951.18k900k
Depreciation856.39k219.19k53.8k
Change To Netincome3.24M85.85k-365.98k
Change To Account Receivables-1.46M-99.22k-99.22k
Change To Liabilities9.18M1.48M-
Change To Inventory-7.59M-1.05M-1.05M
Change To Operating Activities-540.92k301.72k301.72k
Total Cash From Operating Activities4.56M1.39M1.36M
Capital Expenditures-529.11k-836.24k-292.42k
Total Cashflows From Investing Activities-1.59M-1.27M-559.38k
Dividends Paid-1.41M-553.47k-350k
Net Borrowings2.36M601.17k-23.28k
Other Cashflows From Financing Activities10.71M-75.98k-47.97k
Total Cash From Financing Activities11.65M-28.28k-421.25k
Change In Cash14.62M98.6k378.29k