Andromeda Metals Limited (ASX:ADN) Annual Report 2020



The latest annual report of Andromeda Metals Limited (ADN) 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 - ADN Annual Results

Amounts in AUD

Total Revenue
-
Gross Profit
-
EBIT
-4.03M
Net Tangible Assets
10.93M
Net Income
-3.45M
Capital Expenditures
-3.23M

ADN Income Statement 2020 Annual Report

As per the latest Income Statement of ADN, the Net revenue increased by $NaN (NaN%) compared to the previous period. The operating income in 2020 decreased by $-2.97M (-281%). The net income as per the annual report was -3.45M which decreased by $-2.33M (-210%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue--
Gross Profit--
Operating Income-4.03M-1.06M
Income Before Tax-3.37M-1.04M
Net Income-3.45M-1.11M

Balance Sheet - ADN 2020 Annual Report

Read further: ADN Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Andromeda Metals Limited showed the company increased the cash on balance sheet by $1.33M (80%). The Net tangible assets of ADN on the balance sheet were at 10.93M which is $4.02M (58%) more than previous annual report. The total stockholder equity also increased by $4.02M (58%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash3M1.67M
Total Assets12.69M 8.37M
Long Term Debt--
Total Liabilities1.75M 1.45M
Total Shareholder Equity10.93M6.91M
Net Tangible Assets10.93M6.91M

Cash Flow Statement - ADN 2020 Annual Report

The 2020 annual cash flow statement of Andromeda Metals Limited showed that the net income decreased by $-2.33M (-210%) compared to previous reporting period. Also the capital expenditure of ADN decreased by $-1.88M (-139%).

As of 2020, the total cash from investing activities was -2.46M and total cash from financing activities was 4.87M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-3.45M-1.11M
Capital Expenditures-3.23M-1.35M
Dividends Paid--
Total Cash From From Investing Activities-2.46M-1.06M
Total Cash From From Financing Activities4.87M2.65M

Andromeda Metals Limited Annual Report History

Income Statement

Income Statement history of Andromeda Metals Limited (ASX:ADN)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue--31.26k-
Cost Of Revenue----
Gross Profit--31.26k-
Research Development----
Selling General Administrative1.27M824.18k703.97k657.06k
Non Recurring----
Other Operating Expenses-98.5k-98.5k-9.97k-119.77k
Total Operating Expenses4.03M1.06M886.95k6.87M
Operating Income-4.03M-1.06M-855.69k-6.87M
Total Other Income Expense Net668.92k18.96k172.15k26.82k
Ebit-4.03M-1.06M-855.69k-6.87M
Interest Expense----
Income Before Tax-3.37M-1.04M-683.54k-6.85M
Income Tax Expense81.97k72.14k149.16k60.86k
Minority Interest----
Net Income From Continuing Ops-3.45M-1.11M-832.71k-6.91M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-3.45M-1.11M-832.71k-6.91M
Net Income Applicable To Common Shares-3.45M-1.11M-832.71k-6.91M

Balance Sheet Statement

Balance Sheet Statement history of Andromeda Metals Limited (ASX:ADN)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash3M1.67M861.21k268.34k
Net Receivables85k117.54k33.11k36.91k
Total Current Assets3.08M1.79M894.32k305.25k
Long Term Investments157.96k50.47k--
Property Plant Equipment9.37M6.45M5.35M4.36M
Other Assets74.5k74.5k108k123.55k
Total Assets12.69M8.37M6.35M4.79M
Accounts Payable626.27k456k193.94k195.71k
Other Liab1M996.52k992.24k897.37k
Total Current Liabilities709.3k456.46k193.94k262.02k
Total Liab1.75M1.45M1.19M1.16M
Common Stock47.88M42.88M40.15M38.18M
Retained Earnings-39.84M-36.41M-35.29M-34.46M
Treasury Stock2.89M439.8k309.46k-86.49k
Other Stockholder Equity2.94M562.72k432.38k36.43k
Total Stockholder Equity10.93M6.91M5.17M3.63M
Net Tangible Assets10.93M6.91M5.17M3.63M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Andromeda Metals Limited (ASX:ADN)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-3.45M-1.11M-832.71k-6.91M
Depreciation437.8k139.36k90.64k6.34M
Change To Netincome1.82M119.37k-58.01k-120.73k
Change To Account Receivables13k-52.22k-17.53k34.04k
Change To Liabilities-1.85k41.54k1.9k28.64k
Change To Operating Activities17.34k4.74k7.51k-2.41k
Total Cash From Operating Activities-1.08M-788.26k-659.04k-564.61k
Capital Expenditures-3.23M-1.35M-775.65k-752.88k
Investments42.04k300k300k300k
Other Cashflows From Investing Activities77.22k-6.8k254.08k185.01k
Total Cashflows From Investing Activities-2.46M-1.06M-617.37k-545.87k
Net Borrowings-28.57k-28.57k-28.57k-28.57k
Other Cashflows From Financing Activities-274.68k-210.46k-222.26k-96.88k
Total Cash From Financing Activities4.87M2.65M1.87M1.03M
Change In Cash1.33M807.98k592.88k-80.06k
Issuance Of Stock5.17M2.86M2.09M1.13M
Dividends Paid----