Adavale Resources Limited (ASX:ADD) Annual Report 2020



The latest annual report of Adavale Resources Limited (ADD) 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 - ADD Annual Results

Amounts in AUD

Total Revenue
-
Gross Profit
-
EBIT
-424.83k
Net Tangible Assets
-1.27M
Net Income
-534.98k
Capital Expenditures
-

ADD Income Statement 2020 Annual Report

As per the latest Income Statement of ADD, the Net revenue increased by $NaN (NaN%) compared to the previous period. The operating income in 2020 decreased by $-167376 (-65%). The net income as per the annual report was -534.98k which decreased by $-7882 (-1%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue--
Gross Profit--
Operating Income-424.83k-257.45k
Income Before Tax-534.98k-527.09k
Net Income-534.98k-527.09k

Balance Sheet - ADD 2020 Annual Report

Read further: ADD Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Adavale Resources Limited showed the company increased the cash on balance sheet by $61793 (259%). The Net tangible assets of ADD on the balance sheet were at -1.27M which is $-44438 (-4%) less than previous annual report. The total stockholder equity also decreased by $-44438 (-4%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash85.65k23.86k
Total Assets112.05k 54.66k
Long Term Debt1M1M
Total Liabilities1.38M 1.28M
Total Shareholder Equity-1.27M-1.22M
Net Tangible Assets-1.27M-1.22M

Cash Flow Statement - ADD 2020 Annual Report

The 2020 annual cash flow statement of Adavale Resources Limited showed that the net income decreased by $-7882 (-1%) compared to previous reporting period. Also the capital expenditure of ADD increased by $NaN (NaN%).

As of 2020, the total cash from investing activities was - and total cash from financing activities was 380.93k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-534.98k-527.09k
Capital Expenditures--
Dividends Paid--
Total Cash From From Investing Activities--
Total Cash From From Financing Activities380.93k280k

Adavale Resources Limited Annual Report History

Income Statement

Income Statement history of Adavale Resources Limited (ASX:ADD)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue----
Cost Of Revenue----
Gross Profit----
Research Development----
Selling General Administrative293.12k248.31k271.76k257.5k
Non Recurring----
Other Operating Expenses8k1.75k3.15k4.06k
Total Operating Expenses424.83k257.45k287.35k308.74k
Operating Income-424.83k-257.45k-287.35k-308.74k
Total Other Income Expense Net-110.14k-269.64k-258.11k-122.81k
Ebit-424.83k-257.45k-287.35k-308.74k
Interest Expense-1.32k-1.1k-1.34k-1.76k
Income Before Tax-534.98k-527.09k-545.46k-431.56k
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-534.98k-527.09k-545.46k-431.56k
Discontinued Operations--667.91k-86.07k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-534.98k-527.09k122.45k-517.62k
Net Income Applicable To Common Shares-534.98k-527.09k122.45k-517.62k

Balance Sheet Statement

Balance Sheet Statement history of Adavale Resources Limited (ASX:ADD)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash85.65k23.86k13.47k46.59k
Net Receivables26.4k30.81k26.98k19.88k
Total Current Assets112.05k54.66k40.45k66.47k
Total Assets112.05k54.66k40.45k66.47k
Accounts Payable30.76k62.55k10.26k543.88k
Other Current Liab93k39.6k60.15k91.04k
Long Term Debt1M1M850.44k716.82k
Total Current Liabilities377.77k275.95k214.21k1.03M
Total Liab1.38M1.28M1.06M1.74M
Common Stock2.81M2.32M1.99M1.5M
Retained Earnings-4.37M-3.84M-3.34M-3.46M
Treasury Stock299.41k299.41k327.41k284.26k
Other Stockholder Equity299.41k299.41k327.41k284.26k
Total Stockholder Equity-1.27M-1.22M-1.02M-1.68M
Net Tangible Assets-1.27M-1.22M-1.02M-1.68M

Cash Flow Statement

Cash Flow Statement history of Adavale Resources Limited (ASX:ADD)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-534.98k-527.09k122.45k-517.62k
Change To Netincome189.82k229.57k-537.65k47.74k
Change To Account Receivables4.4k-3.82k-7.11k1.38k
Change To Liabilities21.61k31.74k31.02k183.59k
Total Cash From Operating Activities-319.14k-269.6k-391.29k-266.18k
Total Cash From Financing Activities380.93k280k358.16k285k
Change In Cash61.79k10.39k-33.13k18.82k
Issuance Of Stock380.93k380.93k308.16k70k
Capital Expenditures----
Dividends Paid----
Total Cashflows From Investing Activities----