Alcidion Group Limited (ASX:ALC) Annual Report 2020



The latest annual report of Alcidion Group Limited (ALC) 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 - ALC Annual Results

Amounts in AUD

Total Revenue
18.61M
Gross Profit
4.84M
EBIT
-4.1M
Net Tangible Assets
12.34M
Net Income
-3.08M
Capital Expenditures
-123.82k

ALC Income Statement 2020 Annual Report

As per the latest Income Statement of ALC, the Net revenue increased by $1.74M (10%) compared to the previous period. The operating income in 2020 decreased by $-3.97M (-3167%). The net income as per the annual report was -3.08M which decreased by $-2.99M (-3555%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue18.61M16.86M
Gross Profit4.84M5.91M
Operating Income-4.1M-125.48k
Income Before Tax-4.02M-109.93k
Net Income-3.08M-84.17k

Balance Sheet - ALC 2020 Annual Report

Read further: ALC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Alcidion Group Limited showed the company increased the cash on balance sheet by $12.78M (403%). The Net tangible assets of ALC on the balance sheet were at 12.34M which is $16.54M (393%) more than previous annual report. The total stockholder equity also increased by $16.49M (125%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash15.95M3.17M
Total Assets39.43M 24.86M
Long Term Debt--
Total Liabilities9.7M 11.61M
Total Shareholder Equity29.74M13.24M
Net Tangible Assets12.34M-4.21M

Cash Flow Statement - ALC 2020 Annual Report

The 2020 annual cash flow statement of Alcidion Group Limited showed that the net income decreased by $-2.99M (-3555%) compared to previous reporting period. Also the capital expenditure of ALC increased by $140955 (53%).

As of 2020, the total cash from investing activities was -362.04k and total cash from financing activities was 15.16M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-3.08M-84.17k
Capital Expenditures-123.82k-264.78k
Dividends Paid--
Total Cash From From Investing Activities-362.04k-1.74M
Total Cash From From Financing Activities15.16M31.35k

Alcidion Group Limited Annual Report History

Income Statement

Income Statement history of Alcidion Group Limited (ASX:ALC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue18.61M16.86M4.18M3.46M
Cost Of Revenue13.77M10.95M2.77M1.18M
Gross Profit4.84M5.91M1.4M2.28M
Research Development----
Selling General Administrative6.95M4.48M2.56M3.93M
Non Recurring----
Other Operating Expenses1.74M1.49M1.01M437.7k
Total Operating Expenses22.71M16.99M6.39M5.6M
Operating Income-4.1M-125.48k-2.21M-2.14M
Total Other Income Expense Net80.6k15.55k74.93k102.4k
Ebit-4.1M-125.48k-2.21M-2.14M
Interest Expense----
Income Before Tax-4.02M-109.93k-2.14M-2.04M
Income Tax Expense-941.56k-25.76k-45.94k21.87k
Minority Interest----
Net Income From Continuing Ops-3.08M-84.17k-2.09M-2.06M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-3.08M-84.17k-2.09M-2.06M
Net Income Applicable To Common Shares-3.08M-84.17k-2.09M-2.06M

Balance Sheet Statement

Balance Sheet Statement history of Alcidion Group Limited (ASX:ALC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash15.95M3.17M2.89M5.33M
Net Receivables3.83M3.42M1.53M1.24M
Other Current Assets444.51k277.01k61.7k73.54k
Total Current Assets20.23M6.87M4.48M6.64M
Property Plant Equipment549.94k157.65k90.05k97.81k
Good Will15.37M15.39M771.06k-
Intangible Assets2.03M2.06M301.75k4.37k
Other Assets1.26M377.27k186.45k85.7k
Deferred Long Term Asset Charges1.26M377.27k120.38k74.44k
Total Assets39.43M24.86M5.83M6.83M
Accounts Payable991.31k509.24k201.39k99.6k
Other Current Liab5.22M9.18M1.79M1.05M
Other Liab149.46k118.51k111.28k33.4k
Total Current Liabilities9.41M11.5M2.39M1.38M
Total Liab9.7M11.61M2.5M1.41M
Common Stock41.07M20.79M10.79M10.79M
Retained Earnings-11.33M-8.23M-8.14M-6.06M
Total Stockholder Equity29.74M13.24M3.33M5.42M
Net Tangible Assets12.34M-4.21M2.26M5.42M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Alcidion Group Limited (ASX:ALC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-3.08M-84.17k-2.09M-2.06M
Depreciation224.06k65.89k47.22k55.28k
Change To Netincome-1.22k-1.22k-1.22k684k
Change To Account Receivables-410.46k-1.89M-306.17k883.56k
Change To Liabilities-478.29k772.13k128.6k-1.97k
Change To Operating Activities1.73M3.13M394.36k-79.31k
Total Cash From Operating Activities-2.02M1.99M-1.83M-519.42k
Capital Expenditures-123.82k-264.78k-23.86k-14.57k
Total Cashflows From Investing Activities-362.04k-1.74M-615.62k-14.57k
Net Borrowings-206.83k31.35k31.35k-5.1k
Total Cash From Financing Activities15.16M31.35k31.35k219.9k
Change In Cash12.78M281.5k-2.44M-314.09k
Issuance Of Stock15.36M15.36M15.36M225k
Dividends Paid----