Altium Limited (ASX:ALU) Annual Report 2020



The latest annual report of Altium Limited (ALU) 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 - ALU Annual Results

Amounts in USD

Total Revenue
189.12M
Gross Profit
94.39M
EBIT
62.98M
Net Tangible Assets
134.64M
Net Income
30.88M
Capital Expenditures
-3.87M

ALU Income Statement 2020 Annual Report

As per the latest Income Statement of ALU, the Net revenue increased by $17.30M (10%) compared to the previous period. The operating income in 2020 increased by $3.64M (6%). The net income as per the annual report was 30.88M which decreased by $-22.01M (-42%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue189.12M171.82M
Gross Profit94.39M86.78M
Operating Income62.98M59.33M
Income Before Tax64.64M57.61M
Net Income30.88M52.89M

Balance Sheet - ALU 2020 Annual Report

Read further: ALU Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Altium Limited showed the company increased the cash on balance sheet by $12.55M (16%). The Net tangible assets of ALU on the balance sheet were at 134.64M which is $1.62M (1%) more than previous annual report. The total stockholder equity also decreased by $-225000 (0%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash93.08M80.53M
Total Assets296.06M 277.93M
Long Term Debt--
Total Liabilities111.73M 93.37M
Total Shareholder Equity184.33M184.56M
Net Tangible Assets134.64M133.02M

Cash Flow Statement - ALU 2020 Annual Report

The 2020 annual cash flow statement of Altium Limited showed that the net income decreased by $-22.01M (-42%) compared to previous reporting period. Also the capital expenditure of ALU increased by $1.22M (24%).

As of 2020, the total cash from investing activities was -5.12M and total cash from financing activities was -38.68M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income30.88M52.89M
Capital Expenditures-3.87M-5.09M
Dividends Paid-33.63M-28.13M
Total Cash From From Investing Activities-5.12M-13M
Total Cash From From Financing Activities-38.68M-28.14M

Altium Limited Annual Report History

Income Statement

Income Statement history of Altium Limited (ASX:ALU)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue189.12M171.82M140.18M110.86M
Cost Of Revenue94.73M85.04M70.14M57.04M
Gross Profit94.39M86.78M70.03M53.83M
Research Development----
Selling General Administrative20.32M21.61M17.11M15.03M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses126.15M112.48M92.55M75.86M
Operating Income62.98M59.33M47.63M35.01M
Total Other Income Expense Net1.67M-1.72M-7.93M-5.54M
Ebit62.98M59.33M47.63M35.01M
Interest Expense-582k-1k-2k-4k
Income Before Tax64.64M57.61M39.7M29.47M
Income Tax Expense33.76M4.72M2.21M1.4M
Minority Interest----
Net Income From Continuing Ops30.88M52.89M37.49M28.08M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income30.88M52.89M37.49M28.08M
Net Income Applicable To Common Shares30.88M52.89M37.49M28.08M

Balance Sheet Statement

Balance Sheet Statement history of Altium Limited (ASX:ALU)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash93.08M80.53M52.46M44.27M
Net Receivables61.23M47.33M39.78M32.67M
Inventory1.74M754k--
Other Current Assets4.15M2.86M3.19M2.86M
Total Current Assets160.19M131.47M95.43M79.81M
Property Plant Equipment21.11M7.76M5.71M5.05M
Good Will29.51M29.5M27.15M19.61M
Intangible Assets20.18M22.04M21.92M20.85M
Other Assets65.07M87.16M83.78M85.48M
Deferred Long Term Asset Charges61.72M84.87M82.12M82.95M
Total Assets296.06M277.93M233.99M210.8M
Accounts Payable5.22M3.49M2.02M3.2M
Other Current Liab63.41M60.72M59.96M52.57M
Other Liab21.59M20.99M17.66M13.61M
Total Current Liabilities81.68M72.37M63.69M57.22M
Total Liab111.73M93.37M81.36M70.83M
Common Stock126.85M126.06M125.64M125.18M
Retained Earnings36.63M39.42M14.37M2.51M
Treasury Stock20.85M19.08M12.62M12.28M
Other Stockholder Equity20.85M19.08M12.62M12.28M
Total Stockholder Equity184.33M184.56M152.63M139.96M
Net Tangible Assets134.64M133.02M103.56M99.5M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Altium Limited (ASX:ALU)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income30.88M52.89M37.49M28.08M
Depreciation10.39M5.14M4.42M3.75M
Change To Netincome2.79M6.68M1.92M2.39M
Change To Account Receivables-14.99M-6.6M-3.96M-685k
Change To Liabilities31.52M5.43M5.91M2.94M
Change To Inventory-983k-74k-74k-74k
Change To Operating Activities-4.6M479k2.98M-246k
Total Cash From Operating Activities56.53M69.07M48.48M35.86M
Capital Expenditures-3.87M-5.09M-2.82M-4.34M
Total Cashflows From Investing Activities-5.12M-13M-14.71M-9.04M
Dividends Paid-33.63M-28.13M-25.63M-20.79M
Net Borrowings-5.05M-7k-9k-51k
Total Cash From Financing Activities-38.68M-28.14M-25.64M-20.84M
Effect Of Exchange Rate-171k145k54k156k
Change In Cash12.55M28.07M8.19M6.13M