ADX Energy Ltd (ASX:ADX) Annual Report 2020



The latest annual report of ADX Energy Ltd (ADX) 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 - ADX Annual Results

Amounts in AUD

Total Revenue
6.83M
Gross Profit
-1.21M
EBIT
-5.15M
Net Tangible Assets
-144.37k
Net Income
-4.28M
Capital Expenditures
-3.98M

ADX Income Statement 2020 Annual Report

As per the latest Income Statement of ADX, the Net revenue increased by $5.72M (513%) compared to the previous period. The operating income in 2020 decreased by $-4.26M (-476%). The net income as per the annual report was -4.28M which decreased by $-3.30M (-337%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue6.83M1.11M
Gross Profit-1.21M235.56k
Operating Income-5.15M-894.59k
Income Before Tax-5.45M-1.04M
Net Income-4.28M-979.7k

Balance Sheet - ADX 2020 Annual Report

Read further: ADX Balance Sheet Detailed Analysis

The latest balance sheet from annual result of ADX Energy Ltd showed the company reduced the cash on balance sheet by $-2.81M (-57%). The Net tangible assets of ADX on the balance sheet were at -144.37k which is $-1.60M (-110%) less than previous annual report. The total stockholder equity also decreased by $-1.60M (-110%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash2.14M4.95M
Total Assets30.8M 32.1M
Long Term Debt3.95M1.75M
Total Liabilities22.1M 21.58M
Total Shareholder Equity-144.37k1.46M
Net Tangible Assets-144.37k1.46M

Cash Flow Statement - ADX 2020 Annual Report

The 2020 annual cash flow statement of ADX Energy Ltd showed that the net income decreased by $-3.30M (-337%) compared to previous reporting period. Also the capital expenditure of ADX increased by $4.52M (53%).

As of 2020, the total cash from investing activities was -3.78M and total cash from financing activities was 2.3M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-4.28M-979.7k
Capital Expenditures-3.98M-8.5M
Dividends Paid--
Total Cash From From Investing Activities-3.78M-8.24M
Total Cash From From Financing Activities2.3M13.09M

ADX Energy Ltd Annual Report History

Income Statement

Income Statement history of ADX Energy Ltd (ASX:ADX)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue6.83M1.11M--
Cost Of Revenue8.04M879.05k--
Gross Profit-1.21M235.56k--
Research Development----
Selling General Administrative2.9M796k1.23M1.26M
Non Recurring----
Other Operating Expenses-187.98k5.52k5.52k5.52k
Total Operating Expenses11.99M2.01M2.46M3.11M
Operating Income-5.15M-894.59k-2.46M-3.11M
Total Other Income Expense Net-293.88k-144.36k4.34k964.6k
Ebit-5.15M-894.59k-2.46M-3.11M
Interest Expense-215.84k-74.07k-74.07k-74.07k
Income Before Tax-5.45M-1.04M-2.46M-2.15M
Income Tax Expense-959.25k47.95k-21.38k
Minority Interest8.84M9.06M3.42M3.42M
Net Income From Continuing Ops-4.49M-1.09M-2.46M-2.17M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-4.28M-979.7k-2.38M-2.17M
Net Income Applicable To Common Shares-4.28M-979.7k-2.38M-2.17M

Balance Sheet Statement

Balance Sheet Statement history of ADX Energy Ltd (ASX:ADX)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash2.14M4.95M3.3M1.84M
Net Receivables1.55M2.86M138.23k120.34k
Inventory999.45k315.16k--
Total Current Assets4.76M8.72M3.98M2.01M
Property Plant Equipment24.44M23.01M-178
Other Assets1.6M374.59k--
Deferred Long Term Asset Charges1.4M337.07k--
Total Assets30.8M32.1M3.98M2.01M
Accounts Payable1.6M2.11M444.58k675.71k
Short Long Term Debt875k1.75M--
Other Current Liab335.67k322.52k--
Long Term Debt3.95M1.75M--
Other Liab14.53M14.28M283.84k256.19k
Minority Interest8.84M9.06M3.42M-
Total Current Liabilities3.27M5.55M444.58k675.71k
Total Liab22.1M21.58M728.42k931.9k
Common Stock74.33M71.89M69.07M68.08M
Retained Earnings-80.9M-76.62M-75.64M-73.26M
Treasury Stock3.5M3.27M3.49M3.33M
Capital Surplus2.92M2.92M2.92M2.92M
Other Stockholder Equity3.5M3.27M3.49M3.33M
Total Stockholder Equity-144.37k1.46M-164.1k1.07M
Net Tangible Assets-144.37k1.46M-164.1k1.07M

Cash Flow Statement

Cash Flow Statement history of ADX Energy Ltd (ASX:ADX)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income-4.28M-979.7k-2.38M-2.17M
Depreciation3.2M235.23k235.23k235.23k
Change To Netincome334.28k-55.09k549.18k-371.79k
Change To Account Receivables1.05M-2.73M-603.37k35.69k
Change To Liabilities-1.22M255.92k-284.05k265.67k
Change To Inventory-205.23k-315.16k-315.16k-315.16k
Change To Operating Activities-255.19k199.54k199.54k256.19k
Total Cash From Operating Activities-1.45M-3.33M-2.72M-1.98M
Capital Expenditures-3.98M-8.5M-8.5M-8.5M
Other Cashflows From Investing Activities202k304.21k16k-19k
Total Cashflows From Investing Activities-3.78M-8.24M-58.64k1.16M
Net Borrowings1.08M4.71M4.71M4.71M
Other Cashflows From Financing Activities-107.36k5.59M3.34M-131.2k
Total Cash From Financing Activities2.3M13.09M4.09M1.89M
Effect Of Exchange Rate116.7k129.14k150.46k35.62k
Change In Cash-2.81M1.65M1.46M1.11M
Issuance Of Stock1.33M2.8M750k2.02M
Dividends Paid----