Afterpay Limited (ASX:APT) Annual Report 2020



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

Amounts in AUD

Total Revenue
476.56M
Gross Profit
342.26M
EBIT
3.86M
Net Tangible Assets
837.08M
Net Income
-19.78M
Capital Expenditures
-3.39M

APT Income Statement 2020 Annual Report

As per the latest Income Statement of APT, the Net revenue increased by $258.45M (118%) compared to the previous period. The operating income in 2020 increased by $26.83M (117%). The net income as per the annual report was -19.78M which increased by $23.08M (54%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue476.56M218.11M
Gross Profit342.26M158.55M
Operating Income3.86M-22.97M
Income Before Tax-26.78M-42.79M
Net Income-19.78M-42.86M

Balance Sheet - APT 2020 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 $374.58M (162%). The Net tangible assets of APT on the balance sheet were at 837.08M which is $280.60M (50%) more than previous annual report. The total stockholder equity also increased by $298.11M (46%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash606.04M231.46M
Total Assets1.61B 820.47M
Long Term Debt457.32M49.28M
Total Liabilities662.17M 171.95M
Total Shareholder Equity943.67M645.56M
Net Tangible Assets837.08M556.49M

Cash Flow Statement - APT 2020 Annual Report

The 2020 annual cash flow statement of Afterpay Limited showed that the net income increased by $23.08M (54%) compared to previous reporting period. Also the capital expenditure of APT decreased by $-1.32M (-64%).

As of 2020, the total cash from investing activities was -48.65M and total cash from financing activities was 649.45M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-19.78M-42.86M
Capital Expenditures-3.39M-2.07M
Dividends Paid--
Total Cash From From Investing Activities-48.65M-16.29M
Total Cash From From Financing Activities649.45M357.13M

Afterpay Limited Annual Report History

Income Statement

Income Statement history of Afterpay Limited (ASX:APT)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue476.56M218.11M113.9M22.91M
Cost Of Revenue134.29M59.56M28.21M5.26M
Gross Profit342.26M158.55M85.69M17.64M
Research Development----
Selling General Administrative256.47M146.47M64.01M25.33M
Non Recurring----
Other Operating Expenses-42.6M-46M-28.45M-6.12M
Total Operating Expenses472.7M241.08M113.71M35.34M
Operating Income3.86M-22.97M186k-12.43M
Total Other Income Expense Net-30.64M-19.82M-7.77M-1.99M
Ebit3.86M-22.97M186k-12.43M
Interest Expense-22.53M-11.65M-6.62M-778k
Income Before Tax-26.78M-42.79M-7.59M-14.42M
Income Tax Expense-3.92M1.01M1.39M-4.8M
Minority Interest2.68M2.96M2.96M2.96M
Net Income From Continuing Ops-22.86M-43.8M-8.98M-9.62M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-19.78M-42.86M-8.98M-9.62M
Net Income Applicable To Common Shares-19.78M-42.86M-8.98M-9.62M

Balance Sheet Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash606.04M231.46M32.56M29.6M
Short Term Investments10.66M3M235k-
Net Receivables781.89M452.7M239.07M98.39M
Other Current Assets6.7M9.13M31.56M20.83M
Total Current Assets1.41B696.29M303.42M148.82M
Long Term Investments6.06M3.04M2.17M-
Property Plant Equipment12.13M4.21M4.01M4.46M
Good Will39.81M39.81M23.57M23.57M
Intangible Assets66.78M49.27M48.92M52.93M
Other Assets78.46M27.86M10.14M10.54M
Deferred Long Term Asset Charges78.29M27.28M9.26M9.07M
Total Assets1.61B820.47M392.23M240.33M
Accounts Payable180.73M109.98M42.92M22.84M
Short Long Term Debt4.28M597k50k-
Other Current Liab1.59M5.47M1.83M7.36M
Long Term Debt457.32M49.28M161.16M46.75M
Other Liab3.86M1.92M522k1.87M
Minority Interest2.68M2.96M--
Total Current Liabilities193.55M120.41M46.59M31.62M
Total Liab662.17M171.95M208.67M80.24M
Common Stock975.32M674.77M192.63M171.41M
Retained Earnings-90.36M-70.58M-22.2M-13.22M
Treasury Stock58.71M41.37M13.12M1.89M
Other Stockholder Equity58.71M41.37M13.12M1.89M
Total Stockholder Equity943.67M645.56M183.56M160.08M
Net Tangible Assets837.08M556.49M111.06M83.57M

Cash Flow Statement

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

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-19.78M-42.86M-8.98M-9.62M
Depreciation11.01M9M6.71M21k
Change To Netincome23.47M28.83M21.34M5.16M
Change To Account Receivables-329.2M-213.63M-140.68M-84.84M
Change To Liabilities73.5M68.08M10.33M5.94M
Change To Operating Activities-11.98M-4.99M2.42M-4.12M
Total Cash From Operating Activities-233.95M-142.19M-98.23M-78.87M
Capital Expenditures-3.39M-2.07M-1.08M-78k
Investments-4.53M-866k-2.17M-100k
Other Cashflows From Investing Activities1.48M686k524k433k
Total Cashflows From Investing Activities-48.65M-16.29M-14.22M16.97M
Net Borrowings410.11M-111.5M114.66M37.85M
Other Cashflows From Financing Activities-24.23M-4.26M-21.86M-2.13M
Total Cash From Financing Activities649.45M357.13M113.78M71.77M
Effect Of Exchange Rate7.74M246k1.63M1.63M
Change In Cash374.58M198.9M2.96M9.88M
Issuance Of Stock263.56M472.9M20.98M36.05M
Dividends Paid----