Althea Group Holdings Limited (ASX:AGH) Annual Report 2020

The latest annual report of Althea Group Holdings Limited (AGH) 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 - AGH Annual Results

Amounts in AUD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

AGH Income Statement 2020 Annual Report

As per the latest Income Statement of AGH, the Net revenue increased by $4.29M (560%) compared to the previous period. The operating income in 2020 decreased by $-3.12M (-35%). The net income as per the annual report was -14.77M which decreased by $-6.09M (-70%) compared to previous year.

Income Statement Report (2020/2019)

Total Revenue5.06M767k
Gross Profit2.9M455k
Operating Income-11.92M-8.8M
Income Before Tax-14.77M-8.68M
Net Income-14.77M-8.68M

Balance Sheet - AGH 2020 Annual Report

Read further: AGH Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Althea Group Holdings Limited showed the company reduced the cash on balance sheet by $-4.78M (-32%). The Net tangible assets of AGH on the balance sheet were at 26.2M which is $9.91M (61%) more than previous annual report. The total stockholder equity also increased by $30.96M (182%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

Total Assets54.28M 18.28M
Long Term Debt--
Total Liabilities6.26M 1.23M
Total Shareholder Equity48.02M17.05M
Net Tangible Assets26.2M16.29M

Cash Flow Statement - AGH 2020 Annual Report

The 2020 annual cash flow statement of Althea Group Holdings Limited showed that the net income decreased by $-6.09M (-70%) compared to previous reporting period. Also the capital expenditure of AGH decreased by $-8.87M (-836%).

As of 2020, the total cash from investing activities was -14.14M and total cash from financing activities was 23.77M.

Cash Flow Statement Report (2020/2019)

Net Income-14.77M-8.68M
Capital Expenditures-9.93M-1.06M
Dividends Paid--
Total Cash From From Investing Activities-14.14M-1.67M
Total Cash From From Financing Activities23.77M20.49M

Althea Group Holdings Limited Annual Report History

Income Statement

Income Statement history of Althea Group Holdings Limited (ASX:AGH)

30 Jun 202030 Jun 201930 Jun 2018
Total Revenue5.06M767k8.8k
Cost Of Revenue2.16M312k8k
Gross Profit2.9M455k800
Research Development---
Selling General Administrative13.45M8.88M1.44M
Non Recurring---
Other Operating Expenses520k325k60.8k
Total Operating Expenses16.98M9.56M1.51M
Operating Income-11.92M-8.8M-1.5M
Total Other Income Expense Net-2.85M121k2.4k
Interest Expense-704k-6k-800
Income Before Tax-14.77M-8.68M-1.5M
Income Tax Expense---
Minority Interest---
Net Income From Continuing Ops-14.77M-8.68M-1.5M
Discontinued Operations---
Extraordinary Items---
Effect Of Accounting Charges---
Other Items---
Net Income-14.77M-8.68M-1.5M
Net Income Applicable To Common Shares-14.77M-8.68M-1.5M

Balance Sheet Statement

Balance Sheet Statement history of Althea Group Holdings Limited (ASX:AGH)

30 Jun 202030 Jun 201930 Jun 2018
Net Receivables1.39M505k266k
Total Current Assets15.38M16.22M3.3M
Property Plant Equipment16.79M1.06M-
Good Will19.63M--
Intangible Assets2.19M765k-
Other Assets285k237k-
Total Assets54.28M18.28M3.3M
Accounts Payable1.74M806k36k
Other Current Liab1.28M354k115k
Other Liab206k--
Total Current Liabilities3.51M1.23M163k
Total Liab6.26M1.23M163k
Common Stock54.4M25.73M5.01M
Retained Earnings-25.31M-10.55M-1.87M
Treasury Stock18.93M1.87M-
Other Stockholder Equity18.93M1.87M-
Total Stockholder Equity48.02M17.05M3.14M
Net Tangible Assets26.2M16.29M3.14M
Long Term Debt---

Cash Flow Statement

Cash Flow Statement history of Althea Group Holdings Limited (ASX:AGH)

30 Jun 202030 Jun 201930 Jun 2018
Net Income-14.77M-8.68M-1.5M
Change To Netincome1.5M1.91M5.6k
Change To Account Receivables-920k-439k-52.8k
Change To Liabilities1.78M1.01M120.8k
Change To Inventory-1.6M-546k-68k
Change To Operating Activities-1.08M537k-108.8k
Total Cash From Operating Activities-14.24M-6.16M-1.6M
Capital Expenditures-9.93M-1.06M-1.06M
Total Cashflows From Investing Activities-14.14M-1.67M-1.67M
Net Borrowings-3.43M-3.43M-3.43M
Other Cashflows From Financing Activities-2.8M-1.16M-1.16M
Total Cash From Financing Activities23.77M20.49M3.44M
Effect Of Exchange Rate-171k-44k-44k
Change In Cash-4.78M12.62M1.84M
Issuance Of Stock30M21.65M3.44M
Dividends Paid---