Aquis Entertainment Limited (ASX:AQS) Annual Report 2020



The latest annual report of Aquis Entertainment Limited (AQS) 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 - AQS Annual Results

Amounts in AUD

Total Revenue
18.92M
Gross Profit
10.45M
EBIT
3.03M
Net Tangible Assets
-21.63M
Net Income
798.2k
Capital Expenditures
-165.97k

AQS Income Statement 2020 Annual Report

As per the latest Income Statement of AQS, the Net revenue decreased by $-5.84M (-24%) compared to the previous period. The operating income in 2020 increased by $4.77M (274%). The net income as per the annual report was 798.2k which increased by $4.76M (120%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue18.92M24.76M
Gross Profit10.45M8.82M
Operating Income3.03M-1.74M
Income Before Tax798.2k-3.96M
Net Income798.2k-3.96M

Balance Sheet - AQS 2020 Annual Report

Read further: AQS Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aquis Entertainment Limited showed the company increased the cash on balance sheet by $2.15M (42%). The Net tangible assets of AQS on the balance sheet were at -21.63M which is $824015 (4%) more than previous annual report. The total stockholder equity also increased by $798380 (4%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash7.26M5.11M
Total Assets18.92M 18.08M
Long Term Debt34.16M33.91M
Total Liabilities38.73M 38.69M
Total Shareholder Equity-19.81M-20.61M
Net Tangible Assets-21.63M-22.45M

Cash Flow Statement - AQS 2020 Annual Report

The 2020 annual cash flow statement of Aquis Entertainment Limited showed that the net income increased by $4.76M (120%) compared to previous reporting period. Also the capital expenditure of AQS increased by $81759 (33%).

As of 2020, the total cash from investing activities was -162.09k and total cash from financing activities was -2.02M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income798.2k-3.96M
Capital Expenditures-165.97k-247.73k
Dividends Paid--
Total Cash From From Investing Activities-162.09k-247.6k
Total Cash From From Financing Activities-2.02M-2.02M

Aquis Entertainment Limited Annual Report History

Income Statement

Income Statement history of Aquis Entertainment Limited (ASX:AQS)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue18.92M24.76M26.36M26.58M
Cost Of Revenue8.47M15.95M16.75M18.88M
Gross Profit10.45M8.82M9.61M7.7M
Research Development----
Selling General Administrative1.09M1.63M1.69M4.96M
Non Recurring----
Other Operating Expenses4.54M7.11M7.34M7.49M
Total Operating Expenses15.89M26.5M27.55M33.1M
Operating Income3.03M-1.74M-1.19M-6.53M
Total Other Income Expense Net-2.23M-2.22M-2.2M-1.79M
Ebit3.03M-1.74M-1.19M-6.53M
Interest Expense-2.24M-2.25M-2.25M-1.83M
Income Before Tax798.2k-3.96M-3.4M-8.31M
Income Tax Expense---5.5M
Minority Interest----
Net Income From Continuing Ops798.2k-3.96M-3.4M-13.81M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income798.2k-3.96M-3.4M-13.81M
Net Income Applicable To Common Shares798.2k-3.96M-3.4M-13.81M

Balance Sheet Statement

Balance Sheet Statement history of Aquis Entertainment Limited (ASX:AQS)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash7.26M5.11M4.68M4.66M
Net Receivables536.76k132.55k118.32k58.91k
Inventory255.59k166.72k172.75k335.63k
Other Current Assets66.74k137.36k957.89k969.73k
Total Current Assets8.3M5.75M6.14M6.35M
Long Term Investments4.91k4.73k4.11k4.11k
Property Plant Equipment8.8M10.49M12M13.43M
Intangible Assets1.82M1.84M1.94M2.86M
Other Assets5k---
Total Assets18.92M18.08M20.09M22.65M
Accounts Payable305.23k3.02M388.56k467.52k
Other Current Liab2.65M-2.93M2.92M
Long Term Debt34.16M33.91M31.66M30.71M
Other Liab188.52k139.25k40.73k27.58k
Total Current Liabilities4.39M4.62M5.04M5.17M
Total Liab38.73M38.69M36.74M35.91M
Common Stock4.17M4.17M4.17M4.17M
Retained Earnings-30.25M-31.45M-27.5M-24.36M
Treasury Stock6.28M6.68M6.68M6.94M
Other Stockholder Equity6.28M6.68M6.68M6.94M
Total Stockholder Equity-19.81M-20.61M-16.65M-13.25M
Net Tangible Assets-21.63M-22.45M-18.59M-16.11M

Cash Flow Statement

Cash Flow Statement history of Aquis Entertainment Limited (ASX:AQS)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income798.2k-3.96M-3.4M-13.81M
Depreciation1.79M1.81M1.77M1.78M
Change To Netincome2.22M3.08M3.05M2.76M
Change To Account Receivables-494.6k71.16k-58.71k26.18k
Change To Liabilities83.95k-345.18k-198.14k5.7M
Change To Inventory-88.86k6.02k162.89k330.07k
Change To Operating Activities24.13k13.21k126.78k17.6k
Total Cash From Operating Activities4.34M677.46k1.45M-3.19M
Capital Expenditures-165.97k-247.73k-189.27k-432.79k
Other Cashflows From Investing Activities101130240178
Total Cashflows From Investing Activities-162.09k-247.6k-131.91k-432.61k
Net Borrowings-2.02M-2.02M-1.3M3.1M
Total Cash From Financing Activities-2.02M-2.02M-1.3M3.1M
Change In Cash2.15M429.86k17.92k-526.22k
Dividends Paid----