ALS Limited (ASX:ALQ) Annual Report 2022

The latest annual report of ALS Limited (ALQ) was published on 31 Mar 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 - ALQ Annual Results

Amounts in AUD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

ALQ Income Statement 2022 Annual Report

As per the latest Income Statement of ALQ, the Net revenue increased by $347.10M (20%) compared to the previous period. The operating income in 2022 increased by $74.30M (26%). The net income as per the annual report was 190.5M which increased by $20.90M (12%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 2.11B 1.76B
Gross Profit 606.7M 513.2M
Operating Income 356.3M 282M
Income Before Tax 282.4M 244.3M
Net Income 190.5M 169.6M

Balance Sheet - ALQ 2022 Annual Report

Read further: ALQ Balance Sheet Detailed Analysis

The latest balance sheet from annual result of ALS Limited showed the company reduced the cash on balance sheet by $-45.80M (-27%). The Net tangible assets of ALQ on the balance sheet were at -74.7M which is $17.60M (19%) more than previous annual report. The total stockholder equity also increased by $61.40M (6%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 122.8M 168.6M
Total Assets 2.84B 2.48B
Long Term Debt 724.7M 777.2M
Total Liabilities 1.71B 1.41B
Total Shareholder Equity 1.12B 1.06B
Net Tangible Assets -74.7M -92.3M

Cash Flow Statement - ALQ 2022 Annual Report

The 2022 annual cash flow statement of ALS Limited showed that the net income increased by $20.90M (12%) compared to previous reporting period. Also the capital expenditure of ALQ decreased by $-42.00M (-55%).

As of 2022, the total cash from investing activities was -405.9M and total cash from financing activities was 77.4M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income 190.5M 169.6M
Capital Expenditures -118.9M -76.9M
Dividends Paid -131.3M -70.4M
Total Cash From From Investing Activities -405.9M -120.5M
Total Cash From From Financing Activities 77.4M -379.9M

ALS Limited Annual Report History

Income Statement

Income Statement history of ALS Limited (ASX:ALQ)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 2.11B 1.76B 1.85B 1.66B
Cost Of Revenue 1.5B 1.25B 1.33B 1.19B
Gross Profit 606.7M 513.2M 519.4M 470.22M
Research Development - - - -
Selling General Administrative 111.5M 98.6M 91M 118.6M
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 1.75B 1.48B 1.56B 1.39B
Operating Income 356.3M 282M 295.1M 276.82M
Total Other Income Expense Net -73.9M -37.7M -144M -46.52M
Ebit 356.3M 282M 295.1M 276.82M
Interest Expense -40.4M -42.2M -43.5M -33.8M
Income Before Tax 282.4M 244.3M 151.1M 230.3M
Income Tax Expense 90.2M 73.2M 73.1M 62.4M
Minority Interest 10.6M 10.8M 10.5M 9.8M
Net Income From Continuing Ops 192.2M 171.1M 78M 167.9M
Discontinued Operations - - 51.5M -14.3M
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 190.5M 169.6M 127.8M 152.6M
Net Income Applicable To Common Shares 190.5M 169.6M 127.8M 152.6M

Balance Sheet Statement

Balance Sheet Statement history of ALS Limited (ASX:ALQ)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 122.8M 168.6M 424.4M 148.3M
Net Receivables 400.4M 338.1M 365.2M 314.1M
Inventory 71.2M 64.4M 78.9M 71.8M
Other Current Assets 5.7M 5M 35.2M 71.6M
Total Current Assets 641.9M 611.1M 936.7M 605.8M
Long Term Investments 248.6M 25.2M 30.7M 16.1M
Property Plant Equipment 693.4M 631.3M 727.2M 438.4M
Good Will 1.12B 1.07B 1.11B 1.03B
Intangible Assets 76.2M 77.3M 48.2M 19.5M
Other Assets 65.5M 63M 75.5M 72.4M
Deferred Long Term Asset Charges 41.8M 30.8M 32.6M 21.7M
Total Assets 2.84B 2.48B 2.93B 2.18B
Accounts Payable 72.8M 65.9M 70.6M 57.2M
Short Long Term Debt 299.7M 5M 242.8M 266.3M
Other Current Liab 256.3M 209.7M 174.3M 186.2M
Long Term Debt 724.7M 777.2M 984.2M 513.5M
Other Liab 79.6M 107.1M 68.8M 20.6M
Minority Interest 10.6M 10.8M 10.5M 9.8M
Total Current Liabilities 738.6M 379.5M 587.1M 561.4M
Total Liab 1.71B 1.41B 1.82B 1.1B
Common Stock 1.32B 1.3B 1.3B 1.33B
Retained Earnings -76.2M -114.8M -204.9M -219.8M
Treasury Stock -124.7M -131.1M 1.1M -32.7M
Other Stockholder Equity -124.7M -131.1M 1.1M -32.7M
Total Stockholder Equity 1.12B 1.06B 1.1B 1.07B
Net Tangible Assets -74.7M -92.3M -60.5M 27.4M

Cash Flow Statement

Cash Flow Statement history of ALS Limited (ASX:ALQ)

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 190.5M 169.6M 127.8M 152.6M
Depreciation 134.7M 128.6M 130.5M 74.8M
Change To Netincome -14.1M 2.9M 26.7M -5.3M
Change To Account Receivables -55.9M -12.8M -2.2M -48.4M
Change To Liabilities 50.1M -36.6M -1.2M 57.2M
Change To Inventory -6.8M 4.7M -2.7M -20M
Total Cash From Operating Activities 286.8M 265.8M 259M 218.8M
Capital Expenditures -118.9M -76.9M -121.1M -108.9M
Investments -224M 2.6M 1.2M -800k
Other Cashflows From Investing Activities 1.9M 3.4M 5.5M 700k
Total Cashflows From Investing Activities -405.9M -120.5M -166.3M -166.1M
Dividends Paid -131.3M -70.4M -111M -98M
Net Borrowings 208.7M -308.6M 306.7M 29.6M
Total Cash From Financing Activities 77.4M -379.9M 172.7M -93M
Effect Of Exchange Rate -4.1M -20.7M 10.3M 1.3M
Change In Cash -45.8M -255.3M 275.7M -39M