Adriatic Metals PLC (ASX:ADT) Annual Report 2020



The latest annual report of Adriatic Metals PLC (ADT) was published on 31 Dec 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
-10.35M
Net Tangible Assets
46.51M
Net Income
-11.39M
Capital Expenditures
-6.29M

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 £-3.60M (-53%). The net income as per the annual report was -11.39M which decreased by £-5.15M (-83%) compared to previous year.

Income Statement Report (2020/2020)

20202020
Total Revenue--
Gross Profit--
Operating Income-10.35M-6.75M
Income Before Tax-11.39M-6.24M
Net Income-11.39M-6.24M

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 £19.64M (198%). The Net tangible assets of ADT on the balance sheet were at 46.51M which is £25.62M (123%) more than previous annual report. The total stockholder equity also increased by £25.62M (123%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2020)

20202020
Cash29.58M9.94M
Total Assets67.92M 21.84M
Long Term Debt11.59M-
Total Liabilities19.41M 948.02k
Total Shareholder Equity46.51M20.9M
Net Tangible Assets46.51M20.9M

Cash Flow Statement - ADT 2020 Annual Report

The 2020 annual cash flow statement of Adriatic Metals PLC showed that the net income decreased by £-5.15M (-83%) compared to previous reporting period. Also the capital expenditure of ADT decreased by £-1.11M (-21%).

As of 2020, the total cash from investing activities was -7.1M and total cash from financing activities was 51.63M.

Cash Flow Statement Report (2020/2020)

20202020
Net Income-11.39M-6.24M
Capital Expenditures-6.29M-5.18M
Dividends Paid--
Total Cash From From Investing Activities-7.1M-6.02M
Total Cash From From Financing Activities51.63M13.28M

Adriatic Metals PLC Annual Report History

Income Statement

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

31 Dec 202030 Jun 202030 Jun 201930 Jun 2018
Total Revenue----
Cost Of Revenue----
Gross Profit----
Research Development----
Selling General Administrative4.23M3.32M1.71M2.04M
Non Recurring----
Other Operating Expenses-9.63k-6.13k-6.13k-6.13k
Total Operating Expenses10.35M6.75M2.16M2.05M
Operating Income-10.35M-6.75M-2.16M-2.05M
Total Other Income Expense Net-1.04M514.54k-254.44k119.22k
Ebit-10.35M-6.75M-2.16M-2.05M
Interest Expense-186.53k-11.58k-11.58k-11.58k
Income Before Tax-11.39M-6.24M-2.42M-1.93M
Income Tax Expense-3.36k---
Minority Interest2M2M2M2M
Net Income From Continuing Ops-11.39M-6.24M-2.42M-1.93M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-11.39M-6.24M-2.42M-1.93M
Net Income Applicable To Common Shares-11.39M-6.24M-2.42M-1.93M

Balance Sheet Statement

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

31 Dec 202030 Jun 202030 Jun 201930 Jun 2018
Cash29.58M9.94M5.37M4.64M
Net Receivables516.43k356.34k306.28k147.71k
Total Current Assets30.24M11.64M5.73M4.79M
Property Plant Equipment37.69M10.21M4.69M626.31k
Total Assets67.92M21.84M10.42M6.45M
Accounts Payable1.22M466.61k105.89k46.26k
Other Current Liab2.55M82.97k42.62k14.05k
Long Term Debt11.59M---
Other Liab3.05M---
Minority Interest2M---
Total Current Liabilities4.56M692.93k174.93k111.82k
Total Liab19.41M948.02k174.93k111.82k
Common Stock2.77M2.4M2.01M1.73M
Retained Earnings-14M-10.14M-4.64M-2.22M
Treasury Stock6.26M4.65M1.79M1.31M
Capital Surplus51.47M23.99M11.08M5.52M
Other Stockholder Equity6.26M4.65M1.79M1.31M
Total Stockholder Equity46.51M20.9M10.25M6.34M
Net Tangible Assets46.51M20.9M10.25M5.31M

Cash Flow Statement

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

31 Dec 202030 Jun 202030 Jun 201930 Jun 2018
Net Income-11.39M-6.24M-2.42M-1.93M
Depreciation126.35k89.68k88.67k8.91k
Change To Netincome5.58M2.93M711.06k1.16M
Change To Account Receivables-303.67k-85.44k-214.01k-130.02k
Change To Liabilities1.38M498.07k63.11k-89.55k
Total Cash From Operating Activities-4.61M-2.81M-1.77M-976.85k
Capital Expenditures-6.29M-5.18M-106k-40.3k
Total Cashflows From Investing Activities-7.1M-6.02M-3.08M-796.77k
Net Borrowings29.91M29.91M29.91M29.91M
Other Cashflows From Financing Activities-2.92M-11.58k-11.58k-11.58k
Total Cash From Financing Activities51.63M13.28M5.85M6.11M
Effect Of Exchange Rate-639.65k111.74k-273.23k-273.23k
Change In Cash39.28M4.57M725.37k4.33M
Issuance Of Stock24.64M13.3M5.85M6.11M
Dividends Paid----