Adriatic Metals PLC (ASX:ADT) Annual Report 2020



The latest annual report of Adriatic Metals PLC (ADT) 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 - ADT Annual Results

Amounts in GBP

Total Revenue
-
Gross Profit
-
EBIT
-6.75M
Net Tangible Assets
20.9M
Net Income
-6.24M
Capital Expenditures
-5.18M

ADT Income Statement 2020 Annual Report

As per the latest Income Statement of ADT, the Net revenue increased by £NaN (NaN%) compared to the previous period. The operating income in 2020 decreased by £-4.59M (-212%). The net income as per the annual report was -6.24M which decreased by £-3.82M (-158%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue--
Gross Profit--
Operating Income-6.75M-2.16M
Income Before Tax-6.24M-2.42M
Net Income-6.24M-2.42M

Balance Sheet - ADT 2020 Annual Report

Read further: ADT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Adriatic Metals PLC showed the company increased the cash on balance sheet by £4.57M (85%). The Net tangible assets of ADT on the balance sheet were at 20.9M which is £10.65M (104%) more than previous annual report. The total stockholder equity also increased by £10.65M (104%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash9.94M5.37M
Total Assets21.84M 10.42M
Long Term Debt--
Total Liabilities948.02k 174.93k
Total Shareholder Equity20.9M10.25M
Net Tangible Assets20.9M10.25M

Cash Flow Statement - ADT 2020 Annual Report

The 2020 annual cash flow statement of Adriatic Metals PLC showed that the net income decreased by £-3.82M (-158%) compared to previous reporting period. Also the capital expenditure of ADT decreased by £-5.07M (-4785%).

As of 2020, the total cash from investing activities was -6.02M and total cash from financing activities was 13.28M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-6.24M-2.42M
Capital Expenditures-5.18M-106k
Dividends Paid--
Total Cash From From Investing Activities-6.02M-3.08M
Total Cash From From Financing Activities13.28M5.85M

Adriatic Metals PLC Annual Report History

Income Statement

Income Statement history of Adriatic Metals PLC (ASX:ADT)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue---3.65k
Cost Of Revenue----
Gross Profit---3.65k
Research Development----
Selling General Administrative3.32M1.71M2.04M681.76k
Non Recurring----
Other Operating Expenses-6.13k-6.13k-6.13k-6.13k
Total Operating Expenses6.75M2.16M2.05M687.51k
Operating Income-6.75M-2.16M-2.05M-683.86k
Total Other Income Expense Net514.54k-254.44k119.22k-17.68k
Ebit-6.75M-2.16M-2.05M-683.86k
Interest Expense-11.58k-11.58k-11.58k-11.58k
Income Before Tax-6.24M-2.42M-1.93M-701.54k
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-6.24M-2.42M-1.93M-701.54k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-6.24M-2.42M-1.93M-701.54k
Net Income Applicable To Common Shares-6.24M-2.42M-1.93M-701.54k

Balance Sheet Statement

Balance Sheet Statement history of Adriatic Metals PLC (ASX:ADT)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash9.94M5.37M4.64M311.47k
Net Receivables356.34k306.28k147.71k17.69k
Total Current Assets11.64M5.73M4.79M329.18k
Property Plant Equipment10.21M4.69M626.31k585.69k
Total Assets21.84M10.42M6.45M1.2M
Accounts Payable466.61k105.89k46.26k10.93k
Other Current Liab82.97k42.62k14.05k10.94k
Total Current Liabilities692.93k174.93k111.82k201.37k
Total Liab948.02k174.93k111.82k201.37k
Common Stock2.4M2.01M1.73M856.32k
Retained Earnings-10.88M-4.64M-2.22M-292.31k
Treasury Stock4.65M1.79M1.31M25.4k
Capital Surplus24.72M11.08M5.52M406.18k
Other Stockholder Equity4.65M1.79M1.31M25.4k
Total Stockholder Equity20.9M10.25M6.34M995.6k
Net Tangible Assets20.9M10.25M5.31M713.49k
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Adriatic Metals PLC (ASX:ADT)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-6.24M-2.42M-1.93M-701.54k
Depreciation89.68k88.67k8.91k5.75k
Change To Netincome2.93M711.06k1.16M60.97k
Change To Account Receivables-85.44k-214.01k-130.02k-41.3k
Change To Liabilities498.07k63.11k-89.55k448.46k
Total Cash From Operating Activities-2.81M-1.77M-976.85k-227.72k
Capital Expenditures-5.18M-106k-40.3k-95.81k
Other Cashflows From Investing Activities37.74k37.51k37.51k37.51k
Total Cashflows From Investing Activities-6.02M-3.08M-796.77k-1.54M
Other Cashflows From Financing Activities-11.58k-11.58k-11.58k-11.58k
Total Cash From Financing Activities13.28M5.85M6.11M2.52M
Effect Of Exchange Rate111.74k-273.23k-273.23k-273.23k
Change In Cash4.57M725.37k4.33M747.53k
Issuance Of Stock13.3M5.85M6.11M2.52M
Dividends Paid----