Advance NanoTek Limited (ASX:ANO) Annual Report 2021



The latest annual report of Advance NanoTek Limited (ANO) was published on 30 Jun 2021. 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 - ANO Annual Results

Amounts in AUD

Total Revenue
7.78M
Gross Profit
5.98M
EBIT
670k
Net Tangible Assets
27.96M
Net Income
32k
Capital Expenditures
-3.24M

ANO Income Statement 2021 Annual Report

As per the latest Income Statement of ANO, the Net revenue decreased by $-11.64M (-60%) compared to the previous period. The operating income in 2021 decreased by $-6.46M (-91%). The net income as per the annual report was 32k which decreased by $-5.29M (-99%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue7.78M19.42M
Gross Profit5.98M12.42M
Operating Income670k7.13M
Income Before Tax265k7.46M
Net Income32k5.33M

Balance Sheet - ANO 2021 Annual Report

Read further: ANO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Advance NanoTek Limited showed the company reduced the cash on balance sheet by $-165000 (-63%). The Net tangible assets of ANO on the balance sheet were at 27.96M which is $385000 (1%) more than previous annual report. The total stockholder equity also increased by $385000 (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash95k260k
Total Assets34.46M 32.02M
Long Term Debt--
Total Liabilities6.51M 4.45M
Total Shareholder Equity27.96M27.57M
Net Tangible Assets27.96M27.57M

Cash Flow Statement - ANO 2021 Annual Report

The 2021 annual cash flow statement of Advance NanoTek Limited showed that the net income decreased by $-5.29M (-99%) compared to previous reporting period. Also the capital expenditure of ANO increased by $108000 (3%).

As of 2021, the total cash from investing activities was -4.04M and total cash from financing activities was 2.48M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income32k5.33M
Capital Expenditures-3.24M-3.35M
Dividends Paid--
Total Cash From From Investing Activities-4.04M-3.77M
Total Cash From From Financing Activities2.48M3.56M

Advance NanoTek Limited Annual Report History

Income Statement

Income Statement history of Advance NanoTek Limited (ASX:ANO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue7.78M19.42M12.72M6.95M
Cost Of Revenue1.8M7M5.9M2.79M
Gross Profit5.98M12.42M6.82M4.16M
Research Development----
Selling General Administrative2.78M3.74M2.89M2.45M
Non Recurring----
Other Operating Expenses1.1M787k471.23k436.17k
Total Operating Expenses7.11M12.29M9.55M5.92M
Operating Income670k7.13M3.17M1.03M
Total Other Income Expense Net-405k331k213.25k95.58k
Ebit670k7.13M3.17M1.03M
Interest Expense-128k-101k-101k-101k
Income Before Tax265k7.46M3.38M1.13M
Income Tax Expense233k2.13M-6.26M-1.5M
Minority Interest----
Net Income From Continuing Ops32k5.33M9.64M2.63M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income32k5.33M9.64M2.63M
Net Income Applicable To Common Shares32k5.33M9.64M2.63M

Balance Sheet Statement

Balance Sheet Statement history of Advance NanoTek Limited (ASX:ANO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash95k260k352.53k1.12M
Net Receivables1.24M4.36M1.75M1.6M
Inventory12.15M8.45M3.36M1.25M
Other Current Assets734k1.67M1.31k-
Total Current Assets14.24M14.75M7.02M4.34M
Property Plant Equipment11.89M9.64M3.76M1.88M
Other Assets8.33M7.63M9.04M1.98M
Deferred Long Term Asset Charges6.66M6.4M8.24M1.69M
Total Assets34.46M32.02M19.82M8.21M
Accounts Payable758k1.18M658.73k530.75k
Other Current Liab2.43M74k126.52k190.6k
Other Liab187k150k669.98k839.07k
Deferred Long Term Liab1.67M1.23M801.41k291.01k
Total Current Liabilities3.91M1.76M816.97k732.31k
Total Liab6.51M4.45M1.49M1.57M
Common Stock45.95M45.6M41.7M39.44M
Retained Earnings-19.51M-19.55M-24.87M-34.31M
Treasury Stock1.52M1.52M1.5M1.5M
Other Stockholder Equity1.52M1.52M1.5M1.5M
Total Stockholder Equity27.96M27.57M18.33M6.63M
Net Tangible Assets27.96M27.57M18.33M6.63M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Advance NanoTek Limited (ASX:ANO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income32k5.33M9.64M2.63M
Depreciation1.34M763k288.87k241.02k
Change To Netincome-217k-279k-200.53k381.85k
Change To Account Receivables3.11M-2.61M-438.43k336.74k
Change To Liabilities-236k2.05M-5.74M-1.52M
Change To Inventory-3.7M-5.09M-2.11M-501.03k
Change To Operating Activities978k-41k-1.17M-291.47k
Total Cash From Operating Activities1.39M120k261.99k1.28M
Capital Expenditures-3.24M-3.35M-2.17M-167.92k
Total Cashflows From Investing Activities-4.04M-3.77M-2.68M-386.78k
Net Borrowings-269k-378k-378k-378k
Other Cashflows From Financing Activities-1k-1k-1k-1k
Total Cash From Financing Activities2.48M3.56M1.64M-677.08k
Change In Cash-165k-93k-768.86k213.11k
Issuance Of Stock2.75M3.94M1.64M1.64M
Dividends Paid----