Argosy Minerals Limited (ASX:AGY) Annual Report 2020



The latest annual report of Argosy Minerals Limited (AGY) was published on 31 Dec 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 - AGY Annual Results

Amounts in AUD

Total Revenue
95.21k
Gross Profit
95.21k
EBIT
-1.3M
Net Tangible Assets
20.49M
Net Income
-3.08M
Capital Expenditures
-1.45k

AGY Income Statement 2020 Annual Report

As per the latest Income Statement of AGY, the Net revenue decreased by $-18952 (-17%) compared to the previous period. The operating income in 2020 increased by $201922 (13%). The net income as per the annual report was -3.08M which decreased by $-690311 (-29%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue95.21k114.16k
Gross Profit95.21k114.16k
Operating Income-1.3M-1.51M
Income Before Tax-3.08M-2.39M
Net Income-3.08M-2.39M

Balance Sheet - AGY 2020 Annual Report

Read further: AGY Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Argosy Minerals Limited showed the company reduced the cash on balance sheet by $-3.08M (-52%). The Net tangible assets of AGY on the balance sheet were at 20.49M which is $-4.22M (-17%) less than previous annual report. The total stockholder equity also decreased by $-4.22M (-17%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash2.89M5.97M
Total Assets20.78M 24.97M
Long Term Debt--
Total Liabilities294.69k 258.1k
Total Shareholder Equity20.49M24.71M
Net Tangible Assets20.49M24.71M

Cash Flow Statement - AGY 2020 Annual Report

The 2020 annual cash flow statement of Argosy Minerals Limited showed that the net income decreased by $-690311 (-29%) compared to previous reporting period. Also the capital expenditure of AGY increased by $0 (0%).

As of 2020, the total cash from investing activities was -1.29M and total cash from financing activities was -22.01k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-3.08M-2.39M
Capital Expenditures-1.45k-1.45k
Dividends Paid--
Total Cash From From Investing Activities-1.29M-3.25M
Total Cash From From Financing Activities-22.01k8.66M

Argosy Minerals Limited Annual Report History

Income Statement

Income Statement history of Argosy Minerals Limited (ASX:AGY)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue95.21k114.16k108.84k38.93k
Cost Of Revenue----
Gross Profit95.21k114.16k108.84k38.93k
Research Development----
Selling General Administrative1.12M1.01M1.09M1.32M
Non Recurring----
Other Operating Expenses79.83k95.45k231.43k263.83k
Total Operating Expenses1.4M1.62M1.38M5.61M
Operating Income-1.3M-1.51M-1.28M-5.57M
Total Other Income Expense Net-1.78M-888.01k-1.27M-219.28k
Ebit-1.3M-1.51M-1.28M-5.57M
Interest Expense-14.22k-19.65k-8.83k-8.83k
Income Before Tax-3.08M-2.39M-2.54M-5.79M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-3.08M-2.39M-2.54M-5.79M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-3.08M-2.39M-2.54M-5.79M
Net Income Applicable To Common Shares-3.08M-2.39M-2.54M-5.79M

Balance Sheet Statement

Balance Sheet Statement history of Argosy Minerals Limited (ASX:AGY)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash2.89M5.97M2.71M15.2M
Net Receivables162.44k34.63k34.37k75.21k
Other Current Assets22.99k20.73k4.26k-
Total Current Assets3.08M6.02M2.75M15.28M
Long Term Investments7.75M9.77M10.6M-
Property Plant Equipment2.45M2.05M1.51M2.1M
Other Assets7.5M7.13M3.74M4.46M
Total Assets20.78M24.97M18.6M21.83M
Accounts Payable125.8k94.5k177.7k56.59k
Other Current Liab62.81k38.65k166.83k1.07M
Total Current Liabilities237.65k174.4k378.99k1.13M
Total Liab294.69k258.1k503.94k1.13M
Common Stock89.02M89.02M80.46M77.09M
Retained Earnings-70.61M-68.48M-66.09M-63.55M
Treasury Stock2.08M4.17M3.73M7.16M
Other Stockholder Equity2.08M4.17M3.73M7.16M
Total Stockholder Equity20.49M24.71M18.1M20.71M
Net Tangible Assets20.49M24.71M18.1M20.71M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Argosy Minerals Limited (ASX:AGY)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income-3.08M-2.39M-2.54M-5.79M
Depreciation38.59k42.64k16.62k318.3k
Change To Netincome1.7M993.72k1.13M3.68M
Change To Account Receivables6.58k-25640.84k-54.48k
Change To Liabilities57.39k-213.3k168.22k69.06k
Change To Operating Activities-472.41k-598.4k-761.15k-1.41M
Total Cash From Operating Activities-1.76M-2.17M-1.95M-3.18M
Capital Expenditures-1.45k-1.45k-2.41k-2.38k
Investments-1.29M-3.25M-11.65M-4.46M
Total Cashflows From Investing Activities-1.29M-3.25M-11.65M-4.46M
Net Borrowings-20.09k-34.46k-34.46k-34.46k
Other Cashflows From Financing Activities-1.92k-633.18k-16.46k-198.9k
Total Cash From Financing Activities-22.01k8.66M883.54k20.19M
Effect Of Exchange Rate-7.51k13.22k228.52k-113.83k
Change In Cash-3.08M3.25M-12.49M12.43M
Dividends Paid----