Acrux Limited (ASX:ACR) Annual Report 2020



The latest annual report of Acrux Limited (ACR) 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 - ACR Annual Results

Amounts in AUD

Total Revenue
1.25M
Gross Profit
-3.76M
EBIT
-12.08M
Net Tangible Assets
12.85M
Net Income
-9.47M
Capital Expenditures
-258k

ACR Income Statement 2020 Annual Report

As per the latest Income Statement of ACR, the Net revenue increased by $622000 (99%) compared to the previous period. The operating income in 2020 increased by $913000 (7%). The net income as per the annual report was -9.47M which decreased by $-1.15M (-14%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue1.25M631k
Gross Profit-3.76M-4.49M
Operating Income-12.08M-12.99M
Income Before Tax-9.38M-8.34M
Net Income-9.47M-8.32M

Balance Sheet - ACR 2020 Annual Report

Read further: ACR Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Acrux Limited showed the company reduced the cash on balance sheet by $-8.95M (-49%). The Net tangible assets of ACR on the balance sheet were at 12.85M which is $-9.09M (-41%) less than previous annual report. The total stockholder equity also decreased by $-9.09M (-41%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash9.21M18.15M
Total Assets17.84M 24.43M
Long Term Debt--
Total Liabilities4.99M 2.5M
Total Shareholder Equity12.85M21.94M
Net Tangible Assets12.85M21.94M

Cash Flow Statement - ACR 2020 Annual Report

The 2020 annual cash flow statement of Acrux Limited showed that the net income decreased by $-1.15M (-14%) compared to previous reporting period. Also the capital expenditure of ACR increased by $122000 (32%).

As of 2020, the total cash from investing activities was -254k and total cash from financing activities was -159k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-9.47M-8.32M
Capital Expenditures-258k-380k
Dividends Paid--
Total Cash From From Investing Activities-254k-380k
Total Cash From From Financing Activities-159k-159k

Acrux Limited Annual Report History

Income Statement

Income Statement history of Acrux Limited (ASX:ACR)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue1.25M631k3.43M23.93M
Cost Of Revenue5.01M5.12M3.35M3.38M
Gross Profit-3.76M-4.49M84k20.56M
Research Development----
Selling General Administrative6M6.67M8.25M6.98M
Non Recurring----
Other Operating Expenses1.23M1.11M546k698k
Total Operating Expenses13.33M13.62M12.99M12.89M
Operating Income-12.08M-12.99M-9.56M11.04M
Total Other Income Expense Net2.69M4.66M-6.57M-11.14M
Ebit-12.08M-12.99M-9.56M11.04M
Interest Expense----
Income Before Tax-9.38M-8.34M-16.12M-94k
Income Tax Expense86k-10k-1.94M149k
Minority Interest----
Net Income From Continuing Ops-9.47M-8.32M-14.18M-243k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-9.47M-8.32M-14.18M-243k
Net Income Applicable To Common Shares-9.47M-8.32M-14.18M-243k

Balance Sheet Statement

Balance Sheet Statement history of Acrux Limited (ASX:ACR)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash9.21M18.15M28.47M33.97M
Net Receivables2.56M2.3M312k5.53M
Total Current Assets12.34M20.94M28.96M39.6M
Property Plant Equipment3.1M906k845k778k
Other Assets2.39M2.59M2.68M6.93M
Deferred Long Term Asset Charges1.8M1.89M1.88M92k
Total Assets17.84M24.43M32.49M47.31M
Accounts Payable1.02M901k731k564k
Other Current Liab853k968k1.24M2.39M
Other Liab88k81k35k19k
Deferred Long Term Liab589k696k803k6.84M
Total Current Liabilities2.67M2.42M2.48M3.36M
Total Liab4.99M2.5M2.52M3.38M
Common Stock96.14M95.88M95.87M95.87M
Retained Earnings-83.87M-74.58M-66.48M-53.16M
Treasury Stock582k639k581k1.22M
Other Stockholder Equity582k639k581k1.22M
Total Stockholder Equity12.85M21.94M29.97M43.92M
Net Tangible Assets12.85M21.94M29.97M43.92M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Acrux Limited (ASX:ACR)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-9.47M-8.32M-14.18M-243k
Depreciation601k319k229k175k
Change To Netincome385k284k5.8M11.09M
Change To Account Receivables-246k-2.04M5.27M-822k
Change To Liabilities92k-96k-1.64M-3.9M
Change To Operating Activities-1k-238k40k56k
Total Cash From Operating Activities-8.53M-9.94M-5.28M5.38M
Capital Expenditures-258k-380k-296k-629k
Total Cashflows From Investing Activities-254k-380k-296k-629k
Net Borrowings-159k-159k-159k-159k
Total Cash From Financing Activities-159k-159k-159k-159k
Change In Cash-8.95M-10.32M-5.5M4.61M
Dividends Paid----