ARC Funds Limited (ASX:ARC) Annual Report 2021

The latest annual report of ARC Funds Limited (ARC) 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 - ARC Annual Results

Amounts in AUD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

ARC Income Statement 2021 Annual Report

As per the latest Income Statement of ARC, the Net revenue increased by $429193 (71%) compared to the previous period. The operating income in 2021 increased by $542628 (47%). The net income as per the annual report was -577.49k which increased by $571220 (50%) compared to previous year.

Income Statement Report (2021/2020)

Total Revenue-176.91k-606.11k
Gross Profit-177.92k-785.35k
Operating Income-600.67k-1.14M
Income Before Tax-572.74k-1.15M
Net Income-577.49k-1.15M

Balance Sheet - ARC 2021 Annual Report

Read further: ARC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of ARC Funds Limited showed the company increased the cash on balance sheet by $3.30M (2843%). The Net tangible assets of ARC on the balance sheet were at 3.33M which is $-669420 (-17%) less than previous annual report. The total stockholder equity also decreased by $-677129 (-17%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

Total Assets3.45M 4.26M
Long Term Debt--
Total Liabilities124.72k 256.11k
Total Shareholder Equity3.33M4.01M
Net Tangible Assets3.33M4M

Cash Flow Statement - ARC 2021 Annual Report

The 2021 annual cash flow statement of ARC Funds Limited showed that the net income increased by $571220 (50%) compared to previous reporting period. Also the capital expenditure of ARC increased by $NaN (NaN%).

As of 2021, the total cash from investing activities was 40.6k and total cash from financing activities was 3.07M.

Cash Flow Statement Report (2021/2020)

Net Income-577.49k-1.15M
Capital Expenditures--
Dividends Paid--
Total Cash From From Investing Activities40.6k40.6k
Total Cash From From Financing Activities3.07M200k

ARC Funds Limited Annual Report History

Income Statement

Income Statement history of ARC Funds Limited (ASX:ARC)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue-176.91k-606.11k-2.03M1.7M
Cost Of Revenue1.01k179.24k8.2k11.71k
Gross Profit-177.92k-785.35k-2.04M1.69M
Research Development----
Selling General Administrative238.28k158.79k293.23k249.88k
Non Recurring----
Other Operating Expenses184.47k199.17k138.23k151.87k
Total Operating Expenses423.76k537.2k439.66k413.47k
Operating Income-600.67k-1.14M-2.47M1.29M
Total Other Income Expense Net27.94k-6.5k-820-767
Interest Expense-2.71k-6.5k-820-767
Income Before Tax-572.74k-1.15M-2.47M1.28M
Income Tax Expense4.75k-1.09k5.58k3.63k
Minority Interest----
Net Income From Continuing Ops-577.49k-1.15M-2.48M1.28M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-577.49k-1.15M-2.48M1.28M
Net Income Applicable To Common Shares-577.49k-1.15M-2.48M1.28M

Balance Sheet Statement

Balance Sheet Statement history of ARC Funds Limited (ASX:ARC)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Receivables11.84k21.51k3.87k12.04k
Total Current Assets3.45M4.25M5M7.47M
Total Assets3.45M4.26M5.01M7.49M
Accounts Payable5223.92k5.69k20.46k
Other Current Liab124.67k32.19k34.44k31.3k
Total Current Liabilities124.72k256.11k40.12k51.77k
Total Liab124.72k256.11k40.12k51.77k
Common Stock20.08M20.18M20M20M
Retained Earnings-16.75M-16.63M-15.49M-13.05M
Total Stockholder Equity3.33M4.01M4.97M7.44M
Net Tangible Assets3.33M4M4.97M7.43M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of ARC Funds Limited (ASX:ARC)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-577.49k-1.15M-2.48M1.28M
Change To Netincome671.66k785.44k2.3M-2.49M
Change To Account Receivables9.67k-17.64k8.17k-3.67k
Change To Liabilities75.85k14.89k-6.06k2.05k
Change To Operating Activities7.71k7.71k7.71k7.71k
Total Cash From Operating Activities187.4k-366.01k-178.55k-1.21M
Total Cashflows From Investing Activities40.6k40.6k40.6k40.6k
Net Borrowings-200k200k200k200k
Total Cash From Financing Activities3.07M200k8.32k8.32k
Change In Cash3.3M-166.01k-170.22k-1.21M
Issuance Of Stock3.27M3.27M8.32k8.32k
Capital Expenditures----
Dividends Paid----