Adslot Limited (ASX:ADS) Annual Report 2020



The latest annual report of Adslot Limited (ADS) 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 - ADS Annual Results

Amounts in AUD

Total Revenue
9.79M
Gross Profit
640.21k
EBIT
-5.07M
Net Tangible Assets
6.1M
Net Income
-16.62M
Capital Expenditures
-6.1k

ADS Income Statement 2020 Annual Report

As per the latest Income Statement of ADS, the Net revenue decreased by $-51150 (-1%) compared to the previous period. The operating income in 2020 increased by $1.80M (26%). The net income as per the annual report was -16.62M which decreased by $-9.57M (-136%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue9.79M9.84M
Gross Profit640.21k706.79k
Operating Income-5.07M-6.87M
Income Before Tax-16.49M-6.93M
Net Income-16.62M-7.04M

Balance Sheet - ADS 2020 Annual Report

Read further: ADS Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Adslot Limited showed the company reduced the cash on balance sheet by $-2.01M (-25%). The Net tangible assets of ADS on the balance sheet were at 6.1M which is $-614319 (-9%) less than previous annual report. The total stockholder equity also decreased by $-10.32M (-35%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash6.16M8.17M
Total Assets26.26M 38.11M
Long Term Debt--
Total Liabilities6.98M 8.52M
Total Shareholder Equity19.28M29.6M
Net Tangible Assets6.1M6.71M

Cash Flow Statement - ADS 2020 Annual Report

The 2020 annual cash flow statement of Adslot Limited showed that the net income decreased by $-9.57M (-136%) compared to previous reporting period. Also the capital expenditure of ADS increased by $27010 (82%).

As of 2020, the total cash from investing activities was -4.29M and total cash from financing activities was 5.56M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-16.62M-7.04M
Capital Expenditures-6.1k-33.11k
Dividends Paid--
Total Cash From From Investing Activities-4.29M-2.79M
Total Cash From From Financing Activities5.56M7.11M

Adslot Limited Annual Report History

Income Statement

Income Statement history of Adslot Limited (ASX:ADS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue9.79M9.84M7M8.18M
Cost Of Revenue9.15M9.13M10.52M8.83M
Gross Profit640.21k706.79k-3.52M-643.24k
Research Development----
Selling General Administrative1.58M2.67M2.64M2.69M
Non Recurring----
Other Operating Expenses440.39k509.48k91.22k99.57k
Total Operating Expenses14.86M16.71M18.74M16.65M
Operating Income-5.07M-6.87M-11.74M-8.47M
Total Other Income Expense Net-11.42M-64.74k112.24k-132.39k
Ebit-5.07M-6.87M-11.74M-8.47M
Interest Expense-148.04k-148.04k-148.04k-148.04k
Income Before Tax-16.49M-6.93M-11.62M-8.6M
Income Tax Expense126.58k110.51k29.9k29.99k
Minority Interest----
Net Income From Continuing Ops-16.62M-7.04M-11.65M-8.63M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-16.62M-7.04M-11.65M-8.63M
Net Income Applicable To Common Shares-16.62M-7.04M-11.65M-8.63M

Balance Sheet Statement

Balance Sheet Statement history of Adslot Limited (ASX:ADS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash6.16M8.17M4.78M14.32M
Net Receivables4.82M6.2M5.23M4.41M
Total Current Assets11.19M14.59M10.25M19.01M
Property Plant Equipment1.85M601.24k832.83k243.74k
Good Will5.16M15.16M15.16M15.16M
Intangible Assets8.02M7.72M8.04M9.59M
Other Assets36.37k36.37k36.37k36.37k
Deferred Long Term Asset Charges36.37k36.37k36.37k36.37k
Total Assets26.26M38.11M34.32M44.03M
Accounts Payable218.72k518.5k546.02k417.01k
Other Current Liab3.41M6.54M2.89M2.42M
Other Liab711.52k798.52k952.6k361.84k
Total Current Liabilities5.31M7.72M4.02M3.44M
Total Liab6.98M8.52M4.97M3.8M
Common Stock151.87M145.84M138.4M137.95M
Retained Earnings-133.52M-116.89M-109.76M-98.11M
Treasury Stock939.47k649.15k712.65k389.93k
Other Stockholder Equity939.47k649.15k712.65k389.93k
Total Stockholder Equity19.28M29.6M29.35M40.23M
Net Tangible Assets6.1M6.71M6.15M15.48M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Adslot Limited (ASX:ADS)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-16.62M-7.04M-11.65M-8.63M
Depreciation851.42k1.8M3.52M3.43M
Change To Netincome12.93M-1.17M1.17M692.68k
Change To Account Receivables-151.81k-952.73k-786.3k-329.63k
Change To Liabilities-3.21M3.69M551.74k-540.11k
Total Cash From Operating Activities-3.38M-1.11M-5.27M-4.12M
Capital Expenditures-6.1k-33.11k-134.74k-177.95k
Other Cashflows From Investing Activities277.76k2.27M1.92M1.58M
Total Cashflows From Investing Activities-4.29M-2.79M-4.28M-3.12M
Net Borrowings167.31k167.31k167.31k167.31k
Other Cashflows From Financing Activities-1.01M-392.95k-392.95k-1.22M
Total Cash From Financing Activities5.56M7.11M7.11M16.84M
Effect Of Exchange Rate110.86k182.38k10.12k-22.73k
Change In Cash-2.01M3.39M-9.54M9.57M
Issuance Of Stock6.4M7.5M7.5M18.05M
Dividends Paid----