AJ Lucas Group Limited (ASX:AJL) Annual Report 2020



The latest annual report of AJ Lucas Group Limited (AJL) 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 - AJL Annual Results

Amounts in AUD

Total Revenue
146.75M
Gross Profit
30.18M
EBIT
17.58M
Net Tangible Assets
85.81M
Net Income
-8.87M
Capital Expenditures
-15M

AJL Income Statement 2020 Annual Report

As per the latest Income Statement of AJL, the Net revenue increased by $3.30M (2%) compared to the previous period. The operating income in 2020 increased by $2.18M (14%). The net income as per the annual report was -8.87M which increased by $30.52M (77%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue146.75M143.44M
Gross Profit30.18M20.41M
Operating Income17.58M15.4M
Income Before Tax-8.88M-25.67M
Net Income-8.87M-39.39M

Balance Sheet - AJL 2020 Annual Report

Read further: AJL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AJ Lucas Group Limited showed the company reduced the cash on balance sheet by $-3.90M (-47%). The Net tangible assets of AJL on the balance sheet were at 85.81M which is $-21.73M (-20%) less than previous annual report. The total stockholder equity also decreased by $-21.73M (-20%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash4.48M8.38M
Total Assets238.56M 265.96M
Long Term Debt74.43M52.54M
Total Liabilities151.62M 158.41M
Total Shareholder Equity85.81M107.54M
Net Tangible Assets85.81M107.54M

Cash Flow Statement - AJL 2020 Annual Report

The 2020 annual cash flow statement of AJ Lucas Group Limited showed that the net income increased by $30.52M (77%) compared to previous reporting period. Also the capital expenditure of AJL increased by $3.18M (17%).

As of 2020, the total cash from investing activities was -19.75M and total cash from financing activities was 8.66M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-8.87M-39.39M
Capital Expenditures-15M-18.18M
Dividends Paid--
Total Cash From From Investing Activities-19.75M-27.36M
Total Cash From From Financing Activities8.66M12.46M

AJ Lucas Group Limited Annual Report History

Income Statement

Income Statement history of AJ Lucas Group Limited (ASX:AJL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue146.75M143.44M124.7M73.37M
Cost Of Revenue116.57M123.03M109.79M75.33M
Gross Profit30.18M20.41M14.92M-1.95M
Research Development----
Selling General Administrative5.67M5.67M5.67M5.67M
Non Recurring----
Other Operating Expenses-420k-373k-2.36M-619k
Total Operating Expenses129.16M128.04M113.01M79.55M
Operating Income17.58M15.4M11.69M-6.17M
Total Other Income Expense Net-26.47M-41.07M-20.23M-29.6M
Ebit17.58M15.4M11.69M-6.17M
Interest Expense-18.76M-18.64M-17.25M-24.53M
Income Before Tax-8.88M-25.67M-8.54M-35.77M
Income Tax Expense----
Minority Interest1.13M1.13M1.13M1.13M
Net Income From Continuing Ops-8.88M-25.67M-8.54M-35.77M
Discontinued Operations--13.72M-7.73M-3.26M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-8.87M-39.39M-16.27M-39.03M
Net Income Applicable To Common Shares-8.87M-39.39M-16.27M-39.03M

Balance Sheet Statement

Balance Sheet Statement history of AJ Lucas Group Limited (ASX:AJL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash4.48M8.38M9.42M10.32M
Net Receivables28.13M34.25M21.51M13.77M
Inventory5.58M4.12M40.84M30.85M
Other Current Assets2.05M6.08M11.02M21.67M
Total Current Assets40.23M52.83M82.79M76.62M
Property Plant Equipment198.33M77.68M63.61M58.83M
Total Assets238.56M265.96M266.94M240.22M
Accounts Payable8.01M12.87M11.5M12.46M
Short Long Term Debt10.52M67.16M17.18M1.09M
Other Current Liab13.62M17.91M25.29M16.99M
Long Term Debt74.43M52.54M67.65M106.15M
Other Liab9.5M2.42M863k836k
Minority Interest1.13M---
Total Current Liabilities64.25M103.45M59.31M35.47M
Total Liab151.62M158.41M127.83M142.45M
Common Stock495.99M467.75M467.75M416.44M
Retained Earnings-412.43M-403.56M-364.17M-347.9M
Treasury Stock2.26M43.35M35.53M29.23M
Other Stockholder Equity2.26M43.35M35.53M29.23M
Total Stockholder Equity85.81M107.54M139.11M97.77M
Net Tangible Assets85.81M107.54M139.11M97.77M

Cash Flow Statement

Cash Flow Statement history of AJ Lucas Group Limited (ASX:AJL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-8.87M-39.39M-16.27M-39.03M
Depreciation7.35M5.38M5.59M4.84M
Change To Netincome-769k21.31M-487k16.73M
Change To Account Receivables14.45M-10.34M-4.74M3.26M
Change To Liabilities-12.68M-4.86M7.33M-1.47M
Change To Inventory-1.46M36.72M-9.98M-14.81M
Change To Operating Activities384k340k847k214k
Total Cash From Operating Activities2M14.84M-13.11M-27.19M
Capital Expenditures-15M-18.18M-15.8M-7.85M
Investments-5.81M-13.5M-2.71M-5.15M
Total Cashflows From Investing Activities-19.75M-27.36M-13.51M-12.77M
Net Borrowings9.08M12.46M-18.21M24.29M
Other Cashflows From Financing Activities-4.53M-4.53M-2.36M-2.73M
Total Cash From Financing Activities8.66M12.46M13.91M39.76M
Effect Of Exchange Rate24k367k388k-131k
Change In Cash-5.68M307k-12.32M-329k
Issuance Of Stock4.11M4.11M34.49M18.2M
Dividends Paid----