Allegiance Coal Limited (ASX:AHQ) Annual Report 2022



The latest annual report of Allegiance Coal Limited (AHQ) was published on 30 Jun 2022. 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 - AHQ Annual Results

Amounts in AUD

Total Revenue
78.18M
Gross Profit
12.59M
EBIT
-60.79M
Net Tangible Assets
29.2M
Net Income
-95.53M
Capital Expenditures
-26.88M

AHQ Income Statement 2022 Annual Report

As per the latest Income Statement of AHQ, the Net revenue increased by $78.08M (80233%) compared to the previous period. The operating income in 2022 decreased by $-49.43M (-435%). The net income as per the annual report was -95.53M which decreased by $-79.72M (-504%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 78.18M 97.31k
Gross Profit 12.59M -9.05M
Operating Income -60.79M -11.36M
Income Before Tax -96.32M -15.84M
Net Income -95.53M -15.8M

Balance Sheet - AHQ 2022 Annual Report

Read further: AHQ Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Allegiance Coal Limited showed the company reduced the cash on balance sheet by $-10.74M (-57%). The Net tangible assets of AHQ on the balance sheet were at 29.2M which is $-29.27M (-50%) less than previous annual report. The total stockholder equity also decreased by $-29.27M (-50%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 7.95M 18.69M
Total Assets 175.03M 110.88M
Long Term Debt 33.49M 27.32M
Total Liabilities 145.45M 51.23M
Total Shareholder Equity 29.2M 58.46M
Net Tangible Assets 29.2M 58.46M

Cash Flow Statement - AHQ 2022 Annual Report

The 2022 annual cash flow statement of Allegiance Coal Limited showed that the net income decreased by $-79.72M (-504%) compared to previous reporting period. Also the capital expenditure of AHQ decreased by $-4.03M (-18%).

As of 2022, the total cash from investing activities was -60.58M and total cash from financing activities was 92.17M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income -95.53M -15.8M
Capital Expenditures -26.88M -22.86M
Dividends Paid - -
Total Cash From From Investing Activities -60.58M -18.19M
Total Cash From From Financing Activities 92.17M 44.09M

Allegiance Coal Limited Annual Report History

Income Statement

Income Statement history of Allegiance Coal Limited (ASX:AHQ)

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Total Revenue 78.18M 97.31k 2.17k 7.29k
Cost Of Revenue 65.59M 9.14M 4.19M -
Gross Profit 12.59M -9.05M -4.19M 7.29k
Research Development - - - -
Selling General Administrative 37.26M 1.64M 2.81M 1.08M
Non Recurring - - - -
Other Operating Expenses 148.51k 90.66k 259.29k 412.29k
Total Operating Expenses 138.96M 11.45M 7.26M 1.49M
Operating Income -60.79M -11.36M -7.26M -1.48M
Total Other Income Expense Net -35.53M -4.48M -1.96M -8.95k
Ebit -60.79M -11.36M -7.26M -1.48M
Interest Expense -10.5M -4M -1.8M -55.78k
Income Before Tax -96.32M -15.84M -9.22M -1.49M
Income Tax Expense - - - -
Minority Interest 387.66k 1.18M 1.22M 602.31k
Net Income From Continuing Ops -96.32M -15.84M -9.22M -1.49M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income -95.53M -15.8M -9.18M -1.47M
Net Income Applicable To Common Shares -95.53M -15.8M -9.18M -1.47M

Balance Sheet Statement

Balance Sheet Statement history of Allegiance Coal Limited (ASX:AHQ)

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Cash 7.95M 18.69M 442.06k 2.6M
Net Receivables 238.98k 380.91k 75.93k 101.47k
Inventory 21.96M 1.17M - -
Total Current Assets 31.72M 20.76M 614.34k 2.74M
Property Plant Equipment 124.47M 86.19M 21.07M 16.51M
Other Assets 18.84M 3.92M - -
Total Assets 175.03M 110.88M 21.68M 19.25M
Accounts Payable 16.57M 4.82M 331.64k 1.02M
Short Long Term Debt 35.16M 7.98M - -
Other Current Liab 28.74M 1.38M 387.22k 891.35k
Long Term Debt 33.49M 27.32M 186.36k 655.53k
Other Liab 16.56M 7.16M - -
Minority Interest 387.66k 1.18M 1.22M 602.31k
Total Current Liabilities 89.92M 16.74M 5.07M 2.88M
Total Liab 145.45M 51.23M 5.26M 3.53M
Common Stock 147.48M 91.04M 33.53M 27.42M
Retained Earnings -130.45M -35.28M -20.75M -12.55M
Treasury Stock 12.17M 2.71M 2.43M 243.86k
Other Stockholder Equity 12.17M 2.71M 2.43M 243.86k
Total Stockholder Equity 29.2M 58.46M 15.21M 15.12M
Net Tangible Assets 29.2M 58.46M 15.21M 15.12M

Cash Flow Statement

Cash Flow Statement history of Allegiance Coal Limited (ASX:AHQ)

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income -95.53M -15.8M -9.18M -1.47M
Depreciation 25.42M 583.97k 583.97k 583.97k
Change To Netincome 33.71M 3.88M 2.76M 98.28k
Change To Account Receivables -1.04M -393.62k 12.46k 10.3k
Change To Liabilities 15.9M 4.36M 660.15k -344.24k
Change To Inventory -20.79M -286.38k -286.38k -286.38k
Total Cash From Operating Activities -42.34M -7.65M -5.76M -1.7M
Capital Expenditures -26.88M -22.86M -5.6M -5.8M
Other Cashflows From Investing Activities -25.15M 4.64M 4.64M 4.64M
Total Cashflows From Investing Activities -60.58M -18.19M -5.6M -5.8M
Net Borrowings 34.69M -13.12M 1.6M 943.13k
Total Cash From Financing Activities 92.17M 44.09M 9.21M 7.17M
Change In Cash -10.74M 18.25M -2.15M -339.56k
Issuance Of Stock 57.49M 60.23M 6.16M 4.98M
Dividends Paid - - - -