Ainsworth Game Technology Limited (ASX:AGI) Annual Report 2020



The latest annual report of Ainsworth Game Technology Limited (AGI) 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 - AGI Annual Results

Amounts in AUD

Total Revenue
149.4M
Gross Profit
90.39M
EBIT
-38.56M
Net Tangible Assets
285.03M
Net Income
-43.43M
Capital Expenditures
-6.38M

AGI Income Statement 2020 Annual Report

As per the latest Income Statement of AGI, the Net revenue decreased by $-84.95M (-36%) compared to the previous period. The operating income in 2020 decreased by $-48.52M (-487%). The net income as per the annual report was -43.43M which decreased by $-54.33M (-499%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue149.4M234.34M
Gross Profit90.39M139.95M
Operating Income-38.56M9.96M
Income Before Tax-48.8M14.68M
Net Income-43.43M10.89M

Balance Sheet - AGI 2020 Annual Report

Read further: AGI Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Ainsworth Game Technology Limited showed the company reduced the cash on balance sheet by $-35.12M (-57%). The Net tangible assets of AGI on the balance sheet were at 285.03M which is $-73.01M (-20%) less than previous annual report. The total stockholder equity also decreased by $-38.99M (-10%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash26.54M61.66M
Total Assets465.49M 483.26M
Long Term Debt-42.78M
Total Liabilities110.94M 89.72M
Total Shareholder Equity354.56M393.55M
Net Tangible Assets285.03M358.05M

Cash Flow Statement - AGI 2020 Annual Report

The 2020 annual cash flow statement of Ainsworth Game Technology Limited showed that the net income decreased by $-54.33M (-499%) compared to previous reporting period. Also the capital expenditure of AGI increased by $139000 (2%).

As of 2020, the total cash from investing activities was -38.48M and total cash from financing activities was -14.56M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-43.43M10.89M
Capital Expenditures-6.38M-6.52M
Dividends Paid--3.64M
Total Cash From From Investing Activities-38.48M-9.82M
Total Cash From From Financing Activities-14.56M-27.13M

Ainsworth Game Technology Limited Annual Report History

Income Statement

Income Statement history of Ainsworth Game Technology Limited (ASX:AGI)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue149.4M234.34M265.58M282.08M
Cost Of Revenue59.01M94.39M108.98M112.06M
Gross Profit90.39M139.95M156.6M170.01M
Research Development41.19M40.43M34.41M34.16M
Selling General Administrative81.41M89.92M82.86M78.34M
Non Recurring----
Other Operating Expenses2.93M-1.23M2.37M2.7M
Total Operating Expenses187.96M224.39M228.62M227.27M
Operating Income-38.56M9.96M36.96M54.81M
Total Other Income Expense Net-10.24M4.72M5.34M-7.86M
Ebit-38.56M9.96M36.96M54.81M
Interest Expense-2.23M-2.24M-1.58M-1.21M
Income Before Tax-48.8M14.68M42.31M46.95M
Income Tax Expense-5.37M3.79M10.37M9.02M
Minority Interest----
Net Income From Continuing Ops-43.43M10.89M31.94M37.93M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-43.43M10.89M31.94M37.93M
Net Income Applicable To Common Shares-43.43M10.89M31.94M37.93M

Balance Sheet Statement

Balance Sheet Statement history of Ainsworth Game Technology Limited (ASX:AGI)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash26.54M61.66M35.67M21.09M
Net Receivables90.38M122.18M153.79M131.81M
Inventory91.38M66.85M79.3M74.73M
Other Current Assets1.19M593k1k3k
Total Current Assets218.21M259.73M274M237M
Property Plant Equipment123.18M130.55M118.59M109.56M
Good Will41.64M21.72M23.04M22.24M
Intangible Assets27.88M13.78M16M18.6M
Other Assets54.58M57.49M72.71M72.67M
Deferred Long Term Asset Charges5.52M2.79M5M4.73M
Total Assets465.49M483.26M506.35M464.75M
Accounts Payable17.88M5.42M18.54M15.02M
Short Long Term Debt43.93M12.37M--
Other Current Liab21.5M16.23M23.17M25.28M
Other Liab1.21M2.11M3.41M4.79M
Deferred Long Term Liab23.21M26.05M28.45M28.06M
Total Current Liabilities94.64M44.83M52.42M49.81M
Total Liab110.94M89.72M127.55M120.11M
Common Stock207.71M207.71M203.03M200.25M
Retained Earnings109.14M152.57M150.77M123.8M
Treasury Stock37.71M33.27M25M20.59M
Other Stockholder Equity37.71M33.27M25M20.59M
Total Stockholder Equity354.56M393.55M378.8M344.64M
Net Tangible Assets285.03M358.05M339.75M303.8M
Long Term Debt-42.78M71.72M65.5M

Cash Flow Statement

Cash Flow Statement history of Ainsworth Game Technology Limited (ASX:AGI)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-43.43M10.89M31.94M37.93M
Depreciation32.77M27.68M22.87M22.27M
Change To Netincome13M7.69M1.4M6.73M
Change To Account Receivables26.83M46.61M-19.05M-21.1M
Change To Liabilities16.31M-21.73M3.5M4.49M
Change To Inventory-33.23M-10.2M-24.44M-43.11M
Change To Operating Activities-2.74M-5.47M-2.11M-5.53M
Total Cash From Operating Activities16.72M61.21M19.26M5.24M
Capital Expenditures-6.38M-6.52M-8.33M-5.35M
Other Cashflows From Investing Activities115k11k3.9M3.66M
Total Cashflows From Investing Activities-38.48M-9.82M-5.34M69k
Net Borrowings-12.53M-21.61M3.17M18k
Other Cashflows From Financing Activities-2.03M-1.89M-892k-892k
Total Cash From Financing Activities-14.56M-27.13M98k-9.88M
Effect Of Exchange Rate1.21M1.74M554k-769k
Change In Cash-35.12M25.99M14.57M-5.34M
Dividends Paid--3.64M-2.18M-9.89M