Ardea Resources Limited (ASX:ARL) Annual Report 2020



The latest annual report of Ardea Resources Limited (ARL) 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 - ARL Annual Results

Amounts in AUD

Total Revenue
-
Gross Profit
-
EBIT
-3.37M
Net Tangible Assets
32.7M
Net Income
-2.08M
Capital Expenditures
-5.65M

ARL Income Statement 2020 Annual Report

As per the latest Income Statement of ARL, the Net revenue increased by $NaN (NaN%) compared to the previous period. The operating income in 2020 decreased by $-1.55M (-85%). The net income as per the annual report was -2.08M which decreased by $-589793 (-40%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue--
Gross Profit--
Operating Income-3.37M-1.82M
Income Before Tax-2.08M-1.49M
Net Income-2.08M-1.49M

Balance Sheet - ARL 2020 Annual Report

Read further: ARL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Ardea Resources Limited showed the company reduced the cash on balance sheet by $-1.18M (-11%). The Net tangible assets of ARL on the balance sheet were at 32.7M which is $-4.95M (-13%) less than previous annual report. The total stockholder equity also decreased by $-4.95M (-13%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash10.01M11.19M
Total Assets33.5M 38.28M
Long Term Debt--
Total Liabilities794.75k 631.06k
Total Shareholder Equity32.7M37.65M
Net Tangible Assets32.7M37.65M

Cash Flow Statement - ARL 2020 Annual Report

The 2020 annual cash flow statement of Ardea Resources Limited showed that the net income decreased by $-589793 (-40%) compared to previous reporting period. Also the capital expenditure of ARL increased by $4.24M (43%).

As of 2020, the total cash from investing activities was -3.88M and total cash from financing activities was 2.79M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-2.08M-1.49M
Capital Expenditures-5.65M-9.89M
Dividends Paid--
Total Cash From From Investing Activities-3.88M-6.92M
Total Cash From From Financing Activities2.79M288.75k

Ardea Resources Limited Annual Report History

Income Statement

Income Statement history of Ardea Resources Limited (ASX:ARL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue----
Cost Of Revenue----
Gross Profit----
Research Development----
Selling General Administrative431.22k586.15k741.19k474.17k
Non Recurring----
Other Operating Expenses252.87k713.84k744.79k53.32k
Total Operating Expenses3.37M1.82M4.02M655.23k
Operating Income-3.37M-1.82M-4.02M-655.23k
Total Other Income Expense Net1.29M333.04k208.7k13.96k
Ebit-3.37M-1.82M-4.02M-655.23k
Interest Expense----
Income Before Tax-2.08M-1.49M-3.81M-641.27k
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-2.08M-1.49M-3.81M-641.27k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-2.08M-1.49M-3.81M-641.27k
Net Income Applicable To Common Shares-2.08M-1.49M-3.81M-641.27k

Balance Sheet Statement

Balance Sheet Statement history of Ardea Resources Limited (ASX:ARL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash10.01M11.19M19.16M3.06M
Net Receivables362.05k1.9M3.45M108.24k
Other Current Assets69.05k---
Total Current Assets10.46M13.19M22.71M3.29M
Long Term Investments2.37M10k10k10k
Property Plant Equipment20.67M25.08M16.89M9.69M
Total Assets33.5M38.28M39.61M12.99M
Accounts Payable388.87k367.11k943.51k328.84k
Other Current Liab24k24k21k24.26k
Total Current Liabilities742.96k631.06k1.18M365.1k
Total Liab794.75k631.06k1.18M365.1k
Common Stock36.69M39.9M39.61M13.4M
Retained Earnings-7.91M-5.84M-4.35M-534.4k
Treasury Stock3.93M3.59M3.17M-241.68k
Other Stockholder Equity3.93M3.59M3.17M-241.68k
Total Stockholder Equity32.7M37.65M38.43M12.62M
Net Tangible Assets32.7M37.65M38.43M12.62M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Ardea Resources Limited (ASX:ARL)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-2.08M-1.49M-3.81M-641.27k
Depreciation2.34M103.48k41.38k127.75k
Change To Netincome-693.34k437.98k2.45M2.45M
Change To Account Receivables299.32k344.93k-234.36k-269.42k
Change To Liabilities-1.81k-629.51k139.29k198.68k
Change To Operating Activities41.12k-103.39k79.52k11.13k
Total Cash From Operating Activities-91.01k-1.33M-1.34M-573.14k
Capital Expenditures-5.65M-9.89M-9.69M-1.58M
Investments-203.06k-203.06k-203.06k-203.06k
Other Cashflows From Investing Activities1.97M2.97M2.97M2.97M
Total Cashflows From Investing Activities-3.88M-6.92M-9.69M-1.58M
Total Cash From Financing Activities2.79M288.75k27.13M5.83M
Change In Cash-1.18M-7.97M16.09M3.68M
Issuance Of Stock2.79M288.75k27.48M6.13M
Dividends Paid----