AD1 Holdings Limited (ASX:AD1) Annual Report 2020

The latest annual report of AD1 Holdings Limited (AD1) 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 - AD1 Annual Results

Amounts in AUD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

AD1 Income Statement 2020 Annual Report

As per the latest Income Statement of AD1, the Net revenue increased by $1.45M (74%) compared to the previous period. The operating income in 2020 increased by $2.25M (51%). The net income as per the annual report was -2.18M which increased by $2.20M (50%) compared to previous year.

Income Statement Report (2020/2019)

Total Revenue3.4M1.95M
Gross Profit-746.79k-1.95M
Operating Income-2.13M-4.38M
Income Before Tax-2.14M-4.38M
Net Income-2.18M-4.38M

Balance Sheet - AD1 2020 Annual Report

Read further: AD1 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AD1 Holdings Limited showed the company reduced the cash on balance sheet by $-379245 (-45%). The Net tangible assets of AD1 on the balance sheet were at 78.75k which is $-212361 (-73%) less than previous annual report. The total stockholder equity also decreased by $-336054 (-18%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

Total Assets2.96M 3.26M
Long Term Debt--
Total Liabilities1.41M 1.37M
Total Shareholder Equity1.55M1.89M
Net Tangible Assets78.75k291.11k

Cash Flow Statement - AD1 2020 Annual Report

The 2020 annual cash flow statement of AD1 Holdings Limited showed that the net income increased by $2.20M (50%) compared to previous reporting period. Also the capital expenditure of AD1 increased by $12282 (45%).

As of 2020, the total cash from investing activities was -29.36k and total cash from financing activities was 1.74M.

Cash Flow Statement Report (2020/2019)

Net Income-2.18M-4.38M
Capital Expenditures-14.74k-27.02k
Dividends Paid--
Total Cash From From Investing Activities-29.36k811.88k
Total Cash From From Financing Activities1.74M1.97M

AD1 Holdings Limited Annual Report History

Income Statement

Income Statement history of AD1 Holdings Limited (ASX:AD1)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue3.4M1.95M1.72M694.33k
Cost Of Revenue4.15M3.91M3.81M3.25M
Gross Profit-746.79k-1.95M-2.09M-2.56M
Research Development----
Selling General Administrative1.28M2.72M3.09M2.19M
Non Recurring----
Other Operating Expenses-118.5k-347.44k-424.92k-287.66k
Total Operating Expenses5.53M6.33M6.48M5.16M
Operating Income-2.13M-4.38M-4.76M-4.46M
Total Other Income Expense Net-14.34k-2.26k9.62k-16.26k
Interest Expense-17.24k-4.18k-3.41k-86.64k
Income Before Tax-2.14M-4.38M-4.75M-4.48M
Income Tax Expense36.22k---
Minority Interest----
Net Income From Continuing Ops-2.18M-4.38M-4.75M-4.48M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-2.18M-4.38M-4.75M-4.48M
Net Income Applicable To Common Shares-2.18M-4.38M-4.75M-4.48M

Balance Sheet Statement

Balance Sheet Statement history of AD1 Holdings Limited (ASX:AD1)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Receivables737.42k692.57k803.59k388.06k
Total Current Assets1.23M1.54M3.56M3.61M
Property Plant Equipment177.4k56.85k34.59k33.87k
Good Will1.2M1.2M--
Intangible Assets278.02k401.71k--
Other Assets82.33k67.7k16.59k16.59k
Total Assets2.96M3.26M3.61M3.66M
Accounts Payable195.87k248.57k238.31k397.32k
Other Current Liab775.94k667.61k308.06k290.08k
Other Liab24.1k69.19k5.88k2.33k
Total Current Liabilities1.34M1.31M753.41k838.33k
Total Liab1.41M1.37M759.29k840.66k
Common Stock26.37M24.54M20.44M16.03M
Retained Earnings-24.87M-23.25M-19.01M-15.05M
Treasury Stock53.7k598.2k1.43M1.84M
Other Stockholder Equity53.7k598.2k1.43M1.84M
Total Stockholder Equity1.55M1.89M2.85M2.82M
Net Tangible Assets78.75k291.11k2.85M2.82M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of AD1 Holdings Limited (ASX:AD1)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-2.18M-4.38M-4.75M-4.48M
Change To Netincome29.19k-681.34k376.87k402.6k
Change To Account Receivables-68.95k340.11k-312.08k35.31k
Change To Liabilities31.97k-86.55k-197.64k-336.22k
Change To Operating Activities-128.6k93.29k14.3k179.5k
Total Cash From Operating Activities-2.09M-4.67M-4.85M-4.19M
Capital Expenditures-14.74k-27.02k-14.65k-31.69k
Other Cashflows From Investing Activities-14.63k-14.63k-14.63k-14.63k
Total Cashflows From Investing Activities-29.36k811.88k-14.65k-31.69k
Net Borrowings-92.39k-92.39k-92.39k-92.39k
Total Cash From Financing Activities1.74M1.97M4.39M49.87k
Change In Cash-379.25k-1.89M-480.77k-4.17M
Issuance Of Stock1.83M2.01M4.58M49.87k
Dividends Paid----