Ariadne Australia Limited (ASX:ARA) Annual Report 2020



The latest annual report of Ariadne Australia Limited (ARA) 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 - ARA Annual Results

Amounts in AUD

Total Revenue
6.67M
Gross Profit
3.29M
EBIT
-5.84M
Net Tangible Assets
115.39M
Net Income
-7.14M
Capital Expenditures
-4k

ARA Income Statement 2020 Annual Report

As per the latest Income Statement of ARA, the Net revenue decreased by $-11.94M (-64%) compared to the previous period. The operating income in 2020 decreased by $-11.71M (-200%). The net income as per the annual report was -7.14M which decreased by $-4.23M (-145%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue6.67M18.61M
Gross Profit3.29M7.65M
Operating Income-5.84M5.87M
Income Before Tax-6.83M5.44M
Net Income-7.14M-2.91M

Balance Sheet - ARA 2020 Annual Report

Read further: ARA Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Ariadne Australia Limited showed the company reduced the cash on balance sheet by $-7.07M (-17%). The Net tangible assets of ARA on the balance sheet were at 115.39M which is $-28.92M (-20%) less than previous annual report. The total stockholder equity also decreased by $-28.92M (-20%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash34.92M41.98M
Total Assets130.07M 156.29M
Long Term Debt--
Total Liabilities8.47M 5.83M
Total Shareholder Equity115.39M144.3M
Net Tangible Assets115.39M144.3M

Cash Flow Statement - ARA 2020 Annual Report

The 2020 annual cash flow statement of Ariadne Australia Limited showed that the net income decreased by $-4.23M (-145%) compared to previous reporting period. Also the capital expenditure of ARA increased by $19000 (83%).

As of 2020, the total cash from investing activities was -4.29M and total cash from financing activities was -10.07M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-7.14M-2.91M
Capital Expenditures-4k-23k
Dividends Paid-1.97M-3.38M
Total Cash From From Investing Activities-4.29M6.39M
Total Cash From From Financing Activities-10.07M-8.73M

Ariadne Australia Limited Annual Report History

Income Statement

Income Statement history of Ariadne Australia Limited (ASX:ARA)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue6.67M18.61M35.85M24.13M
Cost Of Revenue3.37M10.96M13.05M12.94M
Gross Profit3.29M7.65M22.81M11.19M
Research Development----
Selling General Administrative936k1.54M1.99M2.08M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses12.51M12.74M15.28M15.18M
Operating Income-5.84M5.87M20.58M8.95M
Total Other Income Expense Net-994k-422k-473k1.21M
Ebit-5.84M5.87M20.58M8.95M
Interest Expense-523k-422k-473k-286k
Income Before Tax-6.83M5.44M20.1M10.16M
Income Tax Expense-7.51M4.07M-2.07M
Minority Interest6.21M6.16M5.72M5.74M
Net Income From Continuing Ops-6.83M-2.07M16.04M12.23M
Discontinued Operations---68.32M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-7.14M-2.91M15.29M78.99M
Net Income Applicable To Common Shares-7.14M-2.91M15.29M78.99M

Balance Sheet Statement

Balance Sheet Statement history of Ariadne Australia Limited (ASX:ARA)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash34.92M41.98M23.02M49.35M
Net Receivables2.48M2.23M2.71M843k
Total Current Assets43.26M50.5M31.16M57.52M
Long Term Investments69.28M90.98M144.97M114.66M
Property Plant Equipment760k597k815k1.06M
Other Assets16.76M14.21M14.32M16.42M
Total Assets130.07M156.29M191.26M189.66M
Accounts Payable2.03M266k1.17M1.47M
Short Long Term Debt5.45M4.83M7.03M6.64M
Other Current Liab818k463k393k331k
Other Liab170k267k223k145k
Minority Interest6.21M6.16M5.72M5.74M
Total Current Liabilities8.3M5.56M8.59M8.45M
Total Liab8.47M5.83M9.34M9.69M
Common Stock378.16M378.56M380.48M381.7M
Retained Earnings-307.38M-296.9M-290.61M-296.56M
Treasury Stock44.61M62.64M86.33M89.09M
Other Stockholder Equity44.61M62.64M86.33M89.09M
Total Stockholder Equity115.39M144.3M176.2M174.22M
Net Tangible Assets115.39M144.3M176.2M174.22M
Long Term Debt--527k1.09M

Cash Flow Statement

Cash Flow Statement history of Ariadne Australia Limited (ASX:ARA)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-7.14M-2.91M15.29M78.99M
Depreciation8.2M242k245k163k
Change To Netincome6.62M23.08M-12.61M-62.16M
Change To Account Receivables-1.07M303k-671k2k
Change To Liabilities395k-905k-302k301k
Change To Operating Activities112k-81k213k-94k
Total Cash From Operating Activities7.29M21.3M559k9.52M
Capital Expenditures-4k-23k-4k-1.18M
Investments-2M6.98M-16.25M-47.63M
Total Cashflows From Investing Activities-4.29M6.39M-17.48M26.15M
Dividends Paid-1.97M-3.38M-4.01M-3.02M
Net Borrowings-7.32M-2.74M-134k3.74M
Other Cashflows From Financing Activities-374k-697k-996k-1.49M
Total Cash From Financing Activities-10.07M-8.73M-9.39M-1.72M
Change In Cash-7.07M18.96M-26.32M33.95M
Repurchase Of Stock-402k-1.92M-1.29M-1.29M