Audinate Group Limited (ASX:AD8) Annual Report 2020



The latest annual report of Audinate Group Limited (AD8) 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 - AD8 Annual Results

Amounts in AUD

Total Revenue
30.32M
Gross Profit
23.21M
EBIT
-2.29M
Net Tangible Assets
40.39M
Net Income
-4.14M
Capital Expenditures
-914k

AD8 Income Statement 2020 Annual Report

As per the latest Income Statement of AD8, the Net revenue increased by $2.00M (7%) compared to the previous period. The operating income in 2020 decreased by $-2.64M (-762%). The net income as per the annual report was -4.14M which decreased by $-4.80M (-725%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue30.32M28.31M
Gross Profit23.21M21.06M
Operating Income-2.29M346k
Income Before Tax-1.67M642k
Net Income-4.14M662k

Balance Sheet - AD8 2020 Annual Report

Read further: AD8 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Audinate Group Limited showed the company reduced the cash on balance sheet by $-783000 (-3%). The Net tangible assets of AD8 on the balance sheet were at 40.39M which is $77000 (0%) more than previous annual report. The total stockholder equity also increased by $823000 (2%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash29.29M30.07M
Total Assets50.3M 46.54M
Long Term Debt--
Total Liabilities8.34M 5.39M
Total Shareholder Equity41.97M41.14M
Net Tangible Assets40.39M40.32M

Cash Flow Statement - AD8 2020 Annual Report

The 2020 annual cash flow statement of Audinate Group Limited showed that the net income decreased by $-4.80M (-725%) compared to previous reporting period. Also the capital expenditure of AD8 decreased by $-245000 (-37%).

As of 2020, the total cash from investing activities was -8.75M and total cash from financing activities was 3.13M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-4.14M662k
Capital Expenditures-914k-669k
Dividends Paid--
Total Cash From From Investing Activities-8.75M-6.45M
Total Cash From From Financing Activities3.13M19.25M

Audinate Group Limited Annual Report History

Income Statement

Income Statement history of Audinate Group Limited (ASX:AD8)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue30.32M28.31M19.65M15.06M
Cost Of Revenue7.11M7.25M5.01M3.8M
Gross Profit23.21M21.06M14.64M11.26M
Research Development----
Selling General Administrative21.08M18.3M14.08M10.48M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses32.61M27.97M20.55M15.37M
Operating Income-2.29M346k-893k-305.45k
Total Other Income Expense Net617k296k157k-20.09M
Ebit-2.29M346k-893k-305.45k
Interest Expense-117k-117k-117k-400
Income Before Tax-1.67M642k-736k-20.4M
Income Tax Expense2.46M-20k-3.28M47.97k
Minority Interest----
Net Income From Continuing Ops-4.14M662k2.54M-20.44M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-4.14M662k2.54M-20.44M
Net Income Applicable To Common Shares-4.14M662k2.54M-20.44M

Balance Sheet Statement

Balance Sheet Statement history of Audinate Group Limited (ASX:AD8)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash29.29M30.07M13.63M18.69M
Short Term Investments403k218k106k105.41k
Net Receivables1.85M2.87M3.16M6.99M
Inventory1.65M1.8M1.23M767.01k
Total Current Assets33.77M35.56M18.3M26.7M
Property Plant Equipment3.94M1.01M691k365.45k
Intangible Assets1.57M828k365k98.02k
Other Assets11.02M9.14M5.39M1.9M
Deferred Long Term Asset Charges100k2.28M1.87M-
Total Assets50.3M46.54M24.74M29.07M
Accounts Payable1.54M1.12M1.2M734.53k
Other Current Liab1.99M939k789k7.52M
Other Liab236k133k309k304.82k
Deferred Long Term Liab10.48M6.86M3.51M1.9M
Total Current Liabilities6.1M5.26M4.06M11.18M
Total Liab8.34M5.39M4.37M11.48M
Common Stock87.53M83.14M63.29M63.26M
Retained Earnings-46.91M-42.77M-43.44M-45.98M
Treasury Stock1.35M775k521k302.57k
Other Stockholder Equity1.35M775k521k302.57k
Total Stockholder Equity41.97M41.14M20.37M17.58M
Net Tangible Assets40.39M40.32M20.01M17.49M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Audinate Group Limited (ASX:AD8)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-4.14M662k2.54M-20.44M
Depreciation850k436k140k122.16k
Change To Netincome1.11M657k235k18.77M
Change To Account Receivables1.06M-1.06M211k51.49k
Change To Liabilities2.91M-70k-2.31M1.39M
Change To Inventory158k-578k-458k-345.96k
Change To Operating Activities-926k249k-197k1.02M
Total Cash From Operating Activities4.83M3.62M1.04M1.24M
Capital Expenditures-914k-669k-627k-138.9k
Other Cashflows From Investing Activities-444k-444k680k580.96k
Total Cashflows From Investing Activities-8.75M-6.45M-2.98M-1.87M
Net Borrowings-642k-642k-642k-642k
Other Cashflows From Financing Activities-299k-789k-7.14M-777k
Total Cash From Financing Activities3.13M19.25M-3.06M16.21M
Effect Of Exchange Rate-1k26k-65k-65k
Change In Cash-783k16.44M-5.06M15.59M
Issuance Of Stock4.07M20.04M4.09M16.99M
Dividends Paid----