AppsVillage Australia Limited (ASX:APV) Annual Report 2020



The latest annual report of AppsVillage Australia Limited (APV) was published on 31 Dec 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 - APV Annual Results

Amounts in USD

Total Revenue
992.83k
Gross Profit
886.75k
EBIT
-3.35M
Net Tangible Assets
163.37k
Net Income
-3.37M
Capital Expenditures
-9.4k

APV Income Statement 2020 Annual Report

As per the latest Income Statement of APV, the Net revenue increased by $381790 (62%) compared to the previous period. The operating income in 2020 increased by $96067 (3%). The net income as per the annual report was -3.37M which increased by $1.65M (33%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue992.83k611.04k
Gross Profit886.75k551.12k
Operating Income-3.35M-3.45M
Income Before Tax-3.37M-5.02M
Net Income-3.37M-5.02M

Balance Sheet - APV 2020 Annual Report

Read further: APV Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AppsVillage Australia Limited showed the company reduced the cash on balance sheet by $-1.84M (-69%). The Net tangible assets of APV on the balance sheet were at 163.37k which is $-1.50M (-90%) less than previous annual report. The total stockholder equity also decreased by $-1.50M (-90%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash818.05k2.66M
Total Assets1.04M 2.84M
Long Term Debt--
Total Liabilities877.07k 1.18M
Total Shareholder Equity163.37k1.66M
Net Tangible Assets163.37k1.66M

Cash Flow Statement - APV 2020 Annual Report

The 2020 annual cash flow statement of AppsVillage Australia Limited showed that the net income increased by $1.65M (33%) compared to previous reporting period. Also the capital expenditure of APV decreased by $-415 (-5%).

As of 2020, the total cash from investing activities was -9.4k and total cash from financing activities was 1.55M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-3.37M-5.02M
Capital Expenditures-9.4k-8.98k
Dividends Paid--
Total Cash From From Investing Activities-9.4k-8.98k
Total Cash From From Financing Activities1.55M4.89M

AppsVillage Australia Limited Annual Report History

Income Statement

Income Statement history of AppsVillage Australia Limited (ASX:APV)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue992.83k611.04k373.41k77.9k
Cost Of Revenue106.09k59.92k74.37k10.92k
Gross Profit886.75k551.12k299.04k66.98k
Research Development790.23k547.79k197.26k197.7k
Selling General Administrative3.2M3.16M1.32M423.14k
Non Recurring----
Other Operating Expenses----
Total Operating Expenses4.34M4.06M1.89M631.76k
Operating Income-3.35M-3.45M-1.52M-553.86k
Total Other Income Expense Net-16.35k-1.57M270-917
Ebit-3.35M-3.45M-1.52M-553.86k
Interest Expense-25.66k-13.79k-1.21k-917
Income Before Tax-3.37M-5.02M-1.52M-554.78k
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-3.37M-5.02M-1.52M-554.78k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-3.37M-5.02M-1.52M-554.78k
Net Income Applicable To Common Shares-3.37M-5.02M-1.52M-554.78k

Balance Sheet Statement

Balance Sheet Statement history of AppsVillage Australia Limited (ASX:APV)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash818.05k2.66M453.65k-
Net Receivables116.58k138.88k78.06k-
Other Current Assets44.77k28.22k137.28k-
Total Current Assets979.4k2.83M668.99k-
Property Plant Equipment61.04k10.12k3.75k-
Total Assets1.04M2.84M672.74k-
Accounts Payable184.53k65.1k38.49k-
Other Current Liab153.66k347.98k106.33k-
Total Current Liabilities857.27k1.18M287.35k-
Total Liab877.07k1.18M287.35k-
Common Stock9.59M7.97M304.31k-
Retained Earnings-10.62M-7.26M-2.24M-
Treasury Stock1.2M952.54k2.32M-
Other Stockholder Equity1.2M952.54k2.32M-
Total Stockholder Equity163.37k1.66M385.39k-
Net Tangible Assets163.37k1.66M385.39k-
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of AppsVillage Australia Limited (ASX:APV)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income-3.37M-5.02M-1.52M-554.78k
Depreciation29.43k2.62k2.62k61
Change To Netincome253.66k1.49M298.26k298.26k
Change To Account Receivables22.31k-60.83k-46.86k-425
Change To Liabilities-377.69k799.71k262.79k20.53k
Change To Operating Activities60.54k90.53k-55.18k16.23k
Total Cash From Operating Activities-3.38M-2.7M-1.06M-518.38k
Capital Expenditures-9.4k-8.98k-2.61k-1.63k
Total Cashflows From Investing Activities-9.4k-8.98k-2.61k-2.48k
Net Borrowings-22.58k-22.58k-22.58k-22.58k
Other Cashflows From Financing Activities-195.96k-581.74k-128.62k-128.62k
Total Cash From Financing Activities1.55M4.89M1.29M600k
Effect Of Exchange Rate-9.13k24.39k24.39k24.39k
Change In Cash-1.84M2.21M230.25k79.14k
Issuance Of Stock1.77M5.47M1.42M600k
Dividends Paid----