Adherium Limited (ASX:ADR) Annual Report 2021

The latest annual report of Adherium Limited (ADR) was published on 30 Jun 2021. 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 - ADR Annual Results

Amounts in AUD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

ADR Income Statement 2021 Annual Report

As per the latest Income Statement of ADR, the Net revenue decreased by $-1.82M (-82%) compared to the previous period. The operating income in 2021 decreased by $-4.07M (-46%). The net income as per the annual report was -15.04M which decreased by $-3.64M (-32%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue401k2.22M
Gross Profit-25k1.4M
Operating Income-12.88M-8.81M
Income Before Tax-15.04M-11.4M
Net Income-15.04M-11.4M

Balance Sheet - ADR 2021 Annual Report

Read further: ADR Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Adherium Limited showed the company increased the cash on balance sheet by $10.59M (231%). The Net tangible assets of ADR on the balance sheet were at 14.03M which is $10.65M (315%) more than previous annual report. The total stockholder equity also increased by $10.65M (315%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets17.04M 6.72M
Long Term Debt--
Total Liabilities3M 3.33M
Total Shareholder Equity14.04M3.38M
Net Tangible Assets14.03M3.38M

Cash Flow Statement - ADR 2021 Annual Report

The 2021 annual cash flow statement of Adherium Limited showed that the net income decreased by $-3.64M (-32%) compared to previous reporting period. Also the capital expenditure of ADR increased by $109000 (79%).

As of 2021, the total cash from investing activities was -29k and total cash from financing activities was 21.9M.

Cash Flow Statement Report (2021/2020)

Net Income-15.04M-11.4M
Capital Expenditures-29k-138k
Dividends Paid--
Total Cash From From Investing Activities-29k-138k
Total Cash From From Financing Activities21.9M11.34M

Adherium Limited Annual Report History

Income Statement

Income Statement history of Adherium Limited (ASX:ADR)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue401k2.22M2.78M5.87M
Cost Of Revenue426k814k1.13M1.1M
Gross Profit-25k1.4M1.65M4.77M
Research Development5.48M3.95M5.12M4.45M
Selling General Administrative7.75M6.26M8.4M10.46M
Non Recurring----
Other Operating Expenses-370k-370k-279k-503k
Total Operating Expenses13.29M11.03M14.37M15.51M
Operating Income-12.88M-8.81M-11.59M-9.64M
Total Other Income Expense Net-2.15M-2.59M-203k301k
Interest Expense-519k-2.08M-4k-4k
Income Before Tax-15.04M-11.4M-11.79M-9.34M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-15.04M-11.4M-11.79M-9.34M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-15.04M-11.4M-11.79M-9.34M
Net Income Applicable To Common Shares-15.04M-11.4M-11.79M-9.34M

Balance Sheet Statement

Balance Sheet Statement history of Adherium Limited (ASX:ADR)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Receivables547k604k393k1.16M
Other Current Assets20k20k43k41k
Total Current Assets16.91M6.48M1.77M14.54M
Property Plant Equipment127k235k380k515k
Intangible Assets3k5k92k266k
Total Assets17.04M6.72M2.24M15.32M
Accounts Payable701k1M914k877k
Other Current Liab685k688k39k-
Total Current Liabilities3M3.33M1.41M2.51M
Total Liab3M3.33M1.41M2.51M
Common Stock110.17M87.68M74.35M74.35M
Retained Earnings-73.39M-58.35M-46.95M-35.16M
Treasury Stock-22.75M-25.95M-26.57M-26.38M
Other Stockholder Equity-22.75M-25.95M-26.57M-26.38M
Total Stockholder Equity14.04M3.38M830k12.81M
Net Tangible Assets14.03M3.38M738k12.54M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Adherium Limited (ASX:ADR)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-15.04M-11.4M-11.79M-9.34M
Change To Netincome3.22M702k-328k-646k
Change To Account Receivables-1k-178k952k-582k
Change To Liabilities-268k1.86M-1.16M247k
Change To Inventory150k-720k114k185k
Total Cash From Operating Activities-11.27M-7.32M-11.81M-9.82M
Capital Expenditures-29k-138k-325k-325k
Total Cashflows From Investing Activities-29k-138k111k-902k
Net Borrowings3M2.93M2.93M2.93M
Other Cashflows From Financing Activities-968k-105k-105k-105k
Total Cash From Financing Activities21.9M11.34M11.34M71k
Effect Of Exchange Rate-8k-65k341k-6k
Change In Cash10.59M3.82M-11.36M-10.66M
Issuance Of Stock19.87M8.52M8.52M71k
Dividends Paid----