Afterpay Limited (ASX:APT) Annual Report 2021



The latest annual report of Afterpay Limited (APT) 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 - APT Annual Results

Amounts in AUD

Total Revenue
836.05M
Gross Profit
586.48M
EBIT
-49.4M
Net Tangible Assets
1.08B
Net Income
-156.3M
Capital Expenditures
-4.35M

APT Income Statement 2021 Annual Report

As per the latest Income Statement of APT, the Net revenue increased by $359.49M (75%) compared to the previous period. The operating income in 2021 decreased by $-53.26M (-1380%). The net income as per the annual report was -156.3M which decreased by $-136.52M (-690%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue836.05M476.56M
Gross Profit586.48M342.26M
Operating Income-49.4M3.86M
Income Before Tax-194.21M-26.78M
Net Income-156.3M-19.78M

Balance Sheet - APT 2021 Annual Report

Read further: APT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Afterpay Limited showed the company increased the cash on balance sheet by $541.11M (89%). The Net tangible assets of APT on the balance sheet were at 1.08B which is $238.50M (28%) more than previous annual report. The total stockholder equity also increased by $359.42M (38%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash1.15B606.04M
Total Assets3.12B 1.61B
Long Term Debt1.29B461.6M
Total Liabilities1.81B 662.17M
Total Shareholder Equity1.3B943.67M
Net Tangible Assets1.08B837.08M

Cash Flow Statement - APT 2021 Annual Report

The 2021 annual cash flow statement of Afterpay Limited showed that the net income decreased by $-136.52M (-690%) compared to previous reporting period. Also the capital expenditure of APT decreased by $-964000 (-28%).

As of 2021, the total cash from investing activities was -110.91M and total cash from financing activities was 1.22B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-156.3M-19.78M
Capital Expenditures-4.35M-3.39M
Dividends Paid--
Total Cash From From Investing Activities-110.91M-48.65M
Total Cash From From Financing Activities1.22B649.45M

Afterpay Limited Annual Report History

Income Statement

Income Statement history of Afterpay Limited (ASX:APT)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue836.05M476.56M218.11M113.9M
Cost Of Revenue249.56M134.29M59.56M28.21M
Gross Profit586.48M342.26M158.55M85.69M
Research Development----
Selling General Administrative490.46M256.47M146.47M64.01M
Non Recurring----
Other Operating Expenses-88.62M-42.6M-46M-28.45M
Total Operating Expenses885.44M472.7M241.08M113.71M
Operating Income-49.4M3.86M-22.97M186k
Total Other Income Expense Net-144.82M-30.64M-19.82M-7.77M
Ebit-49.4M3.86M-22.97M186k
Interest Expense-34.31M-22.53M-11.65M-6.62M
Income Before Tax-194.21M-26.78M-42.79M-7.59M
Income Tax Expense-34.82M-3.92M1.01M1.39M
Minority Interest813k2.68M2.96M2.96M
Net Income From Continuing Ops-159.4M-22.86M-43.8M-8.98M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-156.3M-19.78M-42.86M-8.98M
Net Income Applicable To Common Shares-156.3M-19.78M-42.86M-8.98M

Balance Sheet Statement

Balance Sheet Statement history of Afterpay Limited (ASX:APT)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash1.15B606.04M231.46M32.56M
Short Term Investments26.79M10.66M3M235k
Net Receivables1.47B781.89M452.7M239.07M
Other Current Assets18.78M6.7M9.13M31.56M
Total Current Assets2.66B1.41B696.29M303.42M
Long Term Investments26.8M6.06M3.04M2.17M
Property Plant Equipment42.07M12.13M4.21M4.01M
Good Will112.3M39.81M39.81M23.57M
Intangible Assets115.22M66.78M49.27M48.92M
Other Assets162.09M78.46M27.86M10.14M
Deferred Long Term Asset Charges156.13M78.29M27.28M9.26M
Total Assets3.12B1.61B820.47M392.23M
Accounts Payable306.26M182.61M109.98M42.92M
Other Current Liab6.61M1.38M5.47M1.83M
Long Term Debt1.29B461.6M49.28M161.16M
Other Liab168.54M3.86M1.92M522k
Minority Interest813k2.68M2.96M-
Total Current Liabilities325.4M193.55M120.41M46.59M
Total Liab1.81B662.17M171.95M208.67M
Common Stock2.2B975.32M674.77M192.63M
Retained Earnings-246.65M-90.36M-70.58M-22.2M
Treasury Stock-654.7M58.71M41.37M13.12M
Other Stockholder Equity-654.7M58.71M41.37M13.12M
Total Stockholder Equity1.3B943.67M645.56M183.56M
Net Tangible Assets1.08B837.08M556.49M111.06M

Cash Flow Statement

Cash Flow Statement history of Afterpay Limited (ASX:APT)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-156.3M-19.78M-42.86M-8.98M
Depreciation13.68M11.01M9M6.71M
Change To Netincome140.91M23.47M28.83M21.34M
Change To Account Receivables-672.18M-329.2M-213.63M-140.68M
Change To Liabilities--68.08M10.33M
Change To Operating Activities77.38M61.52M-4.99M2.42M
Total Cash From Operating Activities-571.2M-233.95M-142.19M-98.23M
Capital Expenditures-4.35M-3.39M-2.07M-1.08M
Investments-27.65M-4.53M-866k-2.17M
Other Cashflows From Investing Activities949k1.48M686k524k
Total Cashflows From Investing Activities-110.91M-48.65M-16.29M-14.22M
Net Borrowings1.06B410.11M-111.5M114.66M
Other Cashflows From Financing Activities-654.13M-24.23M-4.26M-21.86M
Total Cash From Financing Activities1.22B649.45M357.13M113.78M
Effect Of Exchange Rate2.81M7.74M246k1.63M
Change In Cash541.11M374.58M198.9M2.96M
Issuance Of Stock813.57M263.56M472.9M20.98M
Dividends Paid----