Applyflow Limited (ASX:AFW) Annual Report 2020

The latest annual report of Applyflow Limited (AFW) 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 - AFW Annual Results

Amounts in AUD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

AFW Income Statement 2020 Annual Report

As per the latest Income Statement of AFW, the Net revenue increased by $254590 (1889%) compared to the previous period. The operating income in 2020 decreased by $-1.04M (-86%). The net income as per the annual report was -3.51M which decreased by $-2.09M (-148%) compared to previous year.

Income Statement Report (2020/2019)

Total Revenue268.07k13.48k
Gross Profit-1.77M-799.64k
Operating Income-2.24M-1.2M
Income Before Tax-3.51M-1.42M
Net Income-3.51M-1.42M

Balance Sheet - AFW 2020 Annual Report

Read further: AFW Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Applyflow Limited showed the company increased the cash on balance sheet by $3.69M (237%). The Net tangible assets of AFW on the balance sheet were at 4.56M which is $2.92M (178%) more than previous annual report. The total stockholder equity also increased by $3.70M (225%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

Total Assets6.65M 1.76M
Long Term Debt--
Total Liabilities1.31M 121.75k
Total Shareholder Equity5.34M1.64M
Net Tangible Assets4.56M1.64M

Cash Flow Statement - AFW 2020 Annual Report

The 2020 annual cash flow statement of Applyflow Limited showed that the net income decreased by $-2.09M (-148%) compared to previous reporting period. Also the capital expenditure of AFW increased by $0 (0%).

As of 2020, the total cash from investing activities was -441.65k and total cash from financing activities was 6.04M.

Cash Flow Statement Report (2020/2019)

Net Income-3.51M-1.42M
Capital Expenditures-1.85k-1.85k
Dividends Paid--
Total Cash From From Investing Activities-441.65k97.53k
Total Cash From From Financing Activities6.04M1.78M

Applyflow Limited Annual Report History

Income Statement

Income Statement history of Applyflow Limited (ASX:AFW)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue268.07k13.48k94.44k79.33k
Cost Of Revenue2.03M813.12k561.35k2M
Gross Profit-1.77M-799.64k-466.91k-1.92M
Research Development254.53k393.59k1.06M2.1M
Selling General Administrative177.94k190.59k1.88M893.47k
Non Recurring----
Other Operating Expenses-36.62k-191.45k-229.11k-1.4M
Total Operating Expenses2.51M1.22M3.28M3.68M
Operating Income-2.24M-1.2M-3.18M-3.6M
Total Other Income Expense Net-1.27M-213.51k-366.47k-676.8k
Interest Expense-570.55k-175.1k-405.22k-756.83k
Income Before Tax-3.51M-1.42M-3.55M-4.28M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-3.51M-1.42M-3.55M-4.28M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-3.51M-1.42M-3.55M-4.28M
Net Income Applicable To Common Shares-3.51M-1.42M-3.55M-4.28M

Balance Sheet Statement

Balance Sheet Statement history of Applyflow Limited (ASX:AFW)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Receivables281.8k195.81k291.23k654.45k
Other Current Assets148.96k8.77k37.77k30.35k
Total Current Assets5.86M1.76M1.46M4.13M
Property Plant Equipment4.57k3.67k23.19k29.07k
Intangible Assets780.02k---
Total Assets6.65M1.76M1.58M4.25M
Accounts Payable334.06k25.55k40.45k99.38k
Other Current Liab391.42k-123.49k221.03k
Other Liab21.04k---
Total Current Liabilities1.29M121.75k249.05k383.06k
Total Liab1.31M121.75k249.05k383.06k
Common Stock23.98M17.69M16.02M15.09M
Retained Earnings-19.75M-16.24M-14.82M-11.27M
Treasury Stock1.12M198.09k126.16k49.65k
Other Stockholder Equity1.12M198.09k126.16k49.65k
Total Stockholder Equity5.34M1.64M1.33M3.87M
Net Tangible Assets4.56M1.64M1.33M3.87M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Applyflow Limited (ASX:AFW)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-3.51M-1.42M-3.55M-4.28M
Change To Netincome1.18M-41.64k76.51k49.01k
Change To Account Receivables4.25k95.33k363.22k-639.58k
Change To Liabilities403.5k-85.64k-156.46k-678.58k
Change To Operating Activities-74.06k-12.57k15.03k-271.27k
Total Cash From Operating Activities-1.92M-1.45M-3.24M-5.07M
Capital Expenditures-1.85k-1.85k-6.16k-36.12k
Other Cashflows From Investing Activities8.77k93.1k93.1k-93.1k
Total Cashflows From Investing Activities-441.65k97.53k-6.16k-129.22k
Net Borrowings-248.19k-248.19k-248.19k-235.88k
Other Cashflows From Financing Activities-122.37k-127.73k-65.99k-657.43k
Total Cash From Financing Activities6.04M1.78M934.01k-893.31k
Effect Of Exchange Rate77777777
Change In Cash3.69M425.47k-2.31M-6.09M
Issuance Of Stock6.41M1.91M1M1M
Dividends Paid----