Advance NanoTek Limited (ASX:ANO) Annual Report 2020



The latest annual report of Advance NanoTek Limited (ANO) 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 - ANO Annual Results

Amounts in AUD

Total Revenue
19.42M
Gross Profit
12.42M
EBIT
7.13M
Net Tangible Assets
27.57M
Net Income
5.33M
Capital Expenditures
-3.35M

ANO Income Statement 2020 Annual Report

As per the latest Income Statement of ANO, the Net revenue increased by $6.70M (53%) compared to the previous period. The operating income in 2020 increased by $3.96M (125%). The net income as per the annual report was 5.33M which decreased by $-4.31M (-45%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue19.42M12.72M
Gross Profit12.42M6.82M
Operating Income7.13M3.17M
Income Before Tax7.46M3.38M
Net Income5.33M9.64M

Balance Sheet - ANO 2020 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 $-92740 (-26%). The Net tangible assets of ANO on the balance sheet were at 27.57M which is $9.24M (50%) more than previous annual report. The total stockholder equity also increased by $9.24M (50%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash259.79k352.53k
Total Assets32.02M 19.82M
Long Term Debt--
Total Liabilities4.45M 1.49M
Total Shareholder Equity27.57M18.33M
Net Tangible Assets27.57M18.33M

Cash Flow Statement - ANO 2020 Annual Report

The 2020 annual cash flow statement of Advance NanoTek Limited showed that the net income decreased by $-4.31M (-45%) compared to previous reporting period. Also the capital expenditure of ANO decreased by $-1.18M (-55%).

As of 2020, the total cash from investing activities was -3.77M and total cash from financing activities was 3.56M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income5.33M9.64M
Capital Expenditures-3.35M-2.17M
Dividends Paid--
Total Cash From From Investing Activities-3.77M-2.68M
Total Cash From From Financing Activities3.56M1.64M

Advance NanoTek Limited Annual Report History

Income Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue19.42M12.72M6.95M5.1M
Cost Of Revenue7M5.9M2.79M2.03M
Gross Profit12.42M6.82M4.16M3.07M
Research Development----
Selling General Administrative3.74M2.89M2.45M1.49M
Non Recurring----
Other Operating Expenses786.3k471.23k436.17k592.05k
Total Operating Expenses12.29M9.55M5.92M4.34M
Operating Income7.13M3.17M1.03M753.27k
Total Other Income Expense Net332.28k213.25k95.58k-192.09k
Ebit7.13M3.17M1.03M753.27k
Interest Expense-101.12k-101.12k-101.12k-101.12k
Income Before Tax7.46M3.38M1.13M561.17k
Income Tax Expense2.13M-6.26M-1.5M-
Minority Interest----
Net Income From Continuing Ops5.33M9.64M2.63M561.17k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income5.33M9.64M2.63M561.17k
Net Income Applicable To Common Shares5.33M9.64M2.63M561.17k

Balance Sheet Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash259.79k352.53k1.12M908.29k
Net Receivables4.36M1.75M1.6M1.94M
Inventory8.45M3.36M1.25M746.71k
Total Current Assets14.75M7.02M4.34M3.75M
Property Plant Equipment9.64M3.76M1.88M1.96M
Other Assets7.63M9.04M1.98M72.15k
Deferred Long Term Asset Charges6.4M8.24M1.69M-
Total Assets32.02M19.82M8.21M5.77M
Accounts Payable1.18M658.73k530.75k302.2k
Other Current Liab73.91k126.52k190.6k269.78k
Other Liab150.05k669.98k839.07k983.85k
Deferred Long Term Liab1.23M801.41k291.01k72.15k
Total Current Liabilities1.76M816.97k732.31k588.37k
Total Liab4.45M1.49M1.57M1.57M
Common Stock45.6M41.7M39.44M40.02M
Retained Earnings-19.55M-24.87M-34.31M-36.93M
Treasury Stock1.52M1.5M1.5M1.12M
Other Stockholder Equity1.52M1.5M1.5M1.12M
Total Stockholder Equity27.57M18.33M6.63M4.2M
Net Tangible Assets27.57M18.33M6.63M4.2M
Long Term Debt----

Cash Flow Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income5.33M9.64M2.63M561.17k
Depreciation762.71k288.87k241.02k231.85k
Change To Netincome-280.25k-200.53k381.85k177.86k
Change To Account Receivables-2.61M-438.43k336.74k-1.14M
Change To Liabilities2.05M-5.74M-1.52M-199.88k
Change To Inventory-5.09M-2.11M-501.03k728.75k
Change To Operating Activities-40.89k-1.17M-291.47k-384.78k
Total Cash From Operating Activities120.06k261.99k1.28M-22.95k
Capital Expenditures-3.35M-2.17M-167.92k-87.72k
Total Cashflows From Investing Activities-3.77M-2.68M-386.78k-161.72k
Net Borrowings-377.5k-377.5k-377.5k-377.5k
Total Cash From Financing Activities3.56M1.64M-677.08k-677.08k
Change In Cash-92.74k-768.86k213.11k-287.91k
Issuance Of Stock3.94M1.64M1.64M1.64M
Dividends Paid----