Aeris Environmental Ltd (ASX:AEI) Annual Report 2020



The latest annual report of Aeris Environmental Ltd (AEI) 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 - AEI Annual Results

Amounts in AUD

Total Revenue
14.63M
Gross Profit
8M
EBIT
1.44M
Net Tangible Assets
19.3M
Net Income
1.98M
Capital Expenditures
-24.29k

AEI Income Statement 2020 Annual Report

As per the latest Income Statement of AEI, the Net revenue increased by $7.78M (114%) compared to the previous period. The operating income in 2020 increased by $5.57M (135%). The net income as per the annual report was 1.98M which increased by $5.61M (155%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue14.63M6.85M
Gross Profit8M2.45M
Operating Income1.44M-4.13M
Income Before Tax1.41M-4.09M
Net Income1.98M-3.63M

Balance Sheet - AEI 2020 Annual Report

Read further: AEI Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aeris Environmental Ltd showed the company increased the cash on balance sheet by $9.48M (273%). The Net tangible assets of AEI on the balance sheet were at 19.3M which is $13.74M (247%) more than previous annual report. The total stockholder equity also increased by $13.74M (247%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash12.95M3.47M
Total Assets22.68M 8M
Long Term Debt--
Total Liabilities3.37M 2.43M
Total Shareholder Equity19.3M5.56M
Net Tangible Assets19.3M5.56M

Cash Flow Statement - AEI 2020 Annual Report

The 2020 annual cash flow statement of Aeris Environmental Ltd showed that the net income increased by $5.61M (155%) compared to previous reporting period. Also the capital expenditure of AEI increased by $17198 (41%).

As of 2020, the total cash from investing activities was -24.29k and total cash from financing activities was 11.57M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income1.98M-3.63M
Capital Expenditures-24.29k-41.49k
Dividends Paid--
Total Cash From From Investing Activities-24.29k-41.49k
Total Cash From From Financing Activities11.57M7.77M

Aeris Environmental Ltd Annual Report History

Income Statement

Income Statement history of Aeris Environmental Ltd (ASX:AEI)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue14.63M6.85M2.75M2.75M
Cost Of Revenue6.63M4.4M1.09M1.04M
Gross Profit8M2.45M1.66M1.71M
Research Development572.6k861.09k503.88k508.73k
Selling General Administrative5.74M5.65M4.85M4.74M
Non Recurring----
Other Operating Expenses-27.52k-72.12k-5.59k-42.65k
Total Operating Expenses13.19M10.98M6.98M6.98M
Operating Income1.44M-4.13M-4.23M-4.23M
Total Other Income Expense Net-29k38.78k-33.55k54.94k
Ebit1.44M-4.13M-4.23M-4.23M
Interest Expense-38.18k-18.61k-46.9k-37.85k
Income Before Tax1.41M-4.09M-4.26M-4.18M
Income Tax Expense-569.57k-458.23k-667.58k-425k
Minority Interest3.69k3.69k3.69k4.55k
Net Income From Continuing Ops1.98M-3.63M-3.59M-3.75M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.98M-3.63M-3.59M-3.75M
Net Income Applicable To Common Shares1.98M-3.63M-3.59M-3.75M

Balance Sheet Statement

Balance Sheet Statement history of Aeris Environmental Ltd (ASX:AEI)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash12.95M3.47M157.64k1.52M
Short Term Investments14.18k14.16k11.82k41.09k
Net Receivables5.54M3.45M1.72M1.37M
Inventory3.49M770.07k318.2k256.72k
Other Current Assets21.4k-39.58k-
Total Current Assets22.23M7.87M2.33M3.26M
Property Plant Equipment440.86k91.5k115.32k156.19k
Other Assets3.94k31.63k54.49k434.66k
Total Assets22.68M8M2.5M3.85M
Accounts Payable2.27M1.88M964.56k379.51k
Other Current Liab395.59k223.88k281.06k103.82k
Other Liab31.7k24.54k25.77k19.16k
Minority Interest3.69k3.69k3.69k4.55k
Total Current Liabilities3.04M2.41M1.56M716.18k
Total Liab3.37M2.43M2.78M735.34k
Common Stock62.2M50.2M41.21M41.21M
Retained Earnings-44.8M-46.78M-43.15M-39.56M
Treasury Stock1.9M2.14M1.55M1.35M
Other Stockholder Equity1.9M2.14M1.55M1.35M
Total Stockholder Equity19.3M5.56M-282.62k3.11M
Net Tangible Assets19.3M5.56M-282.62k3.11M
Long Term Debt--1.2M-

Cash Flow Statement

Cash Flow Statement history of Aeris Environmental Ltd (ASX:AEI)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income1.98M-3.63M-3.59M-3.75M
Depreciation134.38k67.17k67.19k58.29k
Change To Netincome301.01k484.48k665.54k813.03k
Change To Account Receivables-2.2M-1.77M-441.09k-1.28M
Change To Liabilities385.68k918.37k545.48k175.06k
Change To Inventory-2.72M-451.88k-61.47k-85.79k
Change To Operating Activities63.77k-27.39k276.23k9.7k
Total Cash From Operating Activities-2.05M-4.41M-2.54M-4.06M
Capital Expenditures-24.29k-41.49k-26.33k-65.08k
Total Cashflows From Investing Activities-24.29k-41.49k-26.33k-65.08k
Other Cashflows From Financing Activities-472.6k-472.6k-472.6k-472.6k
Total Cash From Financing Activities11.57M7.77M1.2M196.75k
Effect Of Exchange Rate-12.69k-3.25k2.33k30.69k
Change In Cash9.48M3.31M-1.36M-3.9M
Issuance Of Stock12.04M7.47M7.47M196.75k
Dividends Paid----