Ainsworth Game Technology Limited (ASX:AGI) Annual Report 2021



The latest annual report of Ainsworth Game Technology Limited (AGI) was published on 30 Jun 2021. 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
159.52M
Gross Profit
89.56M
EBIT
-17.02M
Net Tangible Assets
227.63M
Net Income
-53.41M
Capital Expenditures
-2.22M

AGI Income Statement 2021 Annual Report

As per the latest Income Statement of AGI, the Net revenue increased by $10.12M (7%) compared to the previous period. The operating income in 2021 increased by $21.08M (55%). The net income as per the annual report was -53.41M which decreased by $-9.98M (-23%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue159.52M149.4M
Gross Profit89.56M90.39M
Operating Income-17.02M-38.09M
Income Before Tax-59.17M-48.8M
Net Income-53.41M-43.43M

Balance Sheet - AGI 2021 Annual Report

Read further: AGI Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Ainsworth Game Technology Limited showed the company increased the cash on balance sheet by $15.85M (60%). The Net tangible assets of AGI on the balance sheet were at 227.63M which is $-57.41M (-20%) less than previous annual report. The total stockholder equity also decreased by $-66.62M (-19%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash42.39M26.54M
Total Assets393.15M 465.49M
Long Term Debt37.24M-
Total Liabilities105.21M 110.94M
Total Shareholder Equity287.93M354.56M
Net Tangible Assets227.63M285.03M

Cash Flow Statement - AGI 2021 Annual Report

The 2021 annual cash flow statement of Ainsworth Game Technology Limited showed that the net income decreased by $-9.98M (-23%) compared to previous reporting period. Also the capital expenditure of AGI increased by $4.16M (65%).

As of 2021, the total cash from investing activities was 930k and total cash from financing activities was -5.52M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-53.41M-43.43M
Capital Expenditures-2.22M-6.38M
Dividends Paid--
Total Cash From From Investing Activities930k-38.48M
Total Cash From From Financing Activities-5.52M-14.56M

Ainsworth Game Technology Limited Annual Report History

Income Statement

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

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue159.52M149.4M234.34M265.58M
Cost Of Revenue69.96M59.01M94.39M108.98M
Gross Profit89.56M90.39M139.95M156.6M
Research Development33.36M41.19M40.43M34.41M
Selling General Administrative65.02M81.41M89.92M82.86M
Non Recurring----
Other Operating Expenses-788k2.47M-1.23M2.37M
Total Operating Expenses176.53M187.49M224.39M228.62M
Operating Income-17.02M-38.09M9.96M36.96M
Total Other Income Expense Net-42.16M-10.71M4.72M5.34M
Ebit-17.02M-38.09M9.96M36.96M
Interest Expense-2.4M-2.23M-2.24M-1.58M
Income Before Tax-59.17M-48.8M14.68M42.31M
Income Tax Expense-5.76M-5.37M3.79M10.37M
Minority Interest----
Net Income From Continuing Ops-53.41M-43.43M10.89M31.94M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-53.41M-43.43M10.89M31.94M
Net Income Applicable To Common Shares-53.41M-43.43M10.89M31.94M

Balance Sheet Statement

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

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash42.39M26.54M61.66M35.67M
Net Receivables84.25M90.38M122.18M153.79M
Inventory56.12M91.38M66.85M79.3M
Other Current Assets122k1.19M593k1k
Total Current Assets191.76M218.21M259.73M274M
Property Plant Equipment76.21M123.18M130.55M118.59M
Good Will38.01M41.64M21.72M23.04M
Intangible Assets22.3M27.88M13.78M16M
Other Assets64.87M54.58M57.49M72.71M
Deferred Long Term Asset Charges12.25M5.52M2.79M5M
Total Assets393.15M465.49M483.26M506.35M
Accounts Payable16.78M17.88M5.42M18.54M
Other Current Liab18.85M21.5M16.23M23.17M
Long Term Debt37.24M-42.78M71.72M
Other Liab7.72M1.21M2.11M3.41M
Deferred Long Term Liab18.68M23.21M26.05M28.45M
Total Current Liabilities46.72M94.64M44.83M52.42M
Total Liab105.21M110.94M89.72M127.55M
Common Stock207.71M207.71M207.71M203.03M
Retained Earnings55.73M109.14M152.57M150.77M
Treasury Stock24.5M37.71M33.27M25M
Other Stockholder Equity24.5M37.71M33.27M25M
Total Stockholder Equity287.93M354.56M393.55M378.8M
Net Tangible Assets227.63M285.03M358.05M339.75M

Cash Flow Statement

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

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-53.41M-43.43M10.89M31.94M
Depreciation24.42M32.77M27.68M22.87M
Change To Netincome60.89M13M7.69M1.4M
Change To Account Receivables-18.86M26.83M46.61M-19.05M
Change To Liabilities4.13M16.31M-21.73M3.5M
Change To Inventory7.3M-33.23M-10.2M-24.44M
Change To Operating Activities-9.08M-2.74M-5.47M-2.11M
Total Cash From Operating Activities22.25M16.72M61.21M19.26M
Capital Expenditures-2.22M-6.38M-6.52M-8.33M
Other Cashflows From Investing Activities4k115k11k3.9M
Total Cashflows From Investing Activities930k-38.48M-9.82M-5.34M
Net Borrowings-3.31M-12.53M-21.61M3.17M
Other Cashflows From Financing Activities-2.21M-2.03M-1.89M-892k
Total Cash From Financing Activities-5.52M-14.56M-27.13M98k
Effect Of Exchange Rate-1.81M1.21M1.74M554k
Change In Cash15.85M-35.12M25.99M14.57M
Dividends Paid---3.64M-2.18M