Aldoro Resources Limited (ASX:ARN) Annual Report 2020



The latest annual report of Aldoro Resources Limited (ARN) 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 - ARN Annual Results

Amounts in AUD

Total Revenue
-
Gross Profit
-
EBIT
-1.54M
Net Tangible Assets
5.87M
Net Income
-1.86M
Capital Expenditures
-877.51k

ARN Income Statement 2020 Annual Report

As per the latest Income Statement of ARN, the Net revenue increased by $NaN (NaN%) compared to the previous period. The operating income in 2020 decreased by $-1.13M (-276%). The net income as per the annual report was -1.86M which decreased by $-1.47M (-376%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue--
Gross Profit--
Operating Income-1.54M-409.1k
Income Before Tax-1.86M-391.35k
Net Income-1.86M-391.35k

Balance Sheet - ARN 2020 Annual Report

Read further: ARN Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aldoro Resources Limited showed the company reduced the cash on balance sheet by $-1.35M (-38%). The Net tangible assets of ARN on the balance sheet were at 5.87M which is $951135 (19%) more than previous annual report. The total stockholder equity also increased by $951135 (19%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash2.2M3.55M
Total Assets6.28M 4.99M
Long Term Debt--
Total Liabilities410.04k 79.42k
Total Shareholder Equity5.87M4.91M
Net Tangible Assets5.87M4.91M

Cash Flow Statement - ARN 2020 Annual Report

The 2020 annual cash flow statement of Aldoro Resources Limited showed that the net income decreased by $-1.47M (-376%) compared to previous reporting period. Also the capital expenditure of ARN decreased by $-254200 (-41%).

As of 2020, the total cash from investing activities was -873.29k and total cash from financing activities was 599.77k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-1.86M-391.35k
Capital Expenditures-877.51k-623.31k
Dividends Paid--
Total Cash From From Investing Activities-873.29k-623.31k
Total Cash From From Financing Activities599.77k4.57M

Aldoro Resources Limited Annual Report History

Income Statement

Income Statement history of Aldoro Resources Limited (ASX:ARN)

30 Jun 202030 Jun 201930 Jun 2018
Total Revenue---
Cost Of Revenue---
Gross Profit---
Research Development---
Selling General Administrative667.43k408.94k197.28k
Non Recurring---
Other Operating Expenses35.61k1521.37k
Total Operating Expenses1.54M409.1k198.65k
Operating Income-1.54M-409.1k-198.65k
Total Other Income Expense Net-325.9k17.75k-102.15k
Ebit-1.54M-409.1k-198.65k
Interest Expense---
Income Before Tax-1.86M-391.35k-300.8k
Income Tax Expense---
Minority Interest---
Net Income From Continuing Ops-1.86M-391.35k-300.8k
Discontinued Operations---
Extraordinary Items---
Effect Of Accounting Charges---
Other Items---
Net Income-1.86M-391.35k-300.8k
Net Income Applicable To Common Shares-1.86M-391.35k-300.8k

Balance Sheet Statement

Balance Sheet Statement history of Aldoro Resources Limited (ASX:ARN)

30 Jun 202030 Jun 201930 Jun 2018
Cash2.2M3.55M206k
Net Receivables51.45k13.6k16.97k
Total Current Assets2.27M3.59M293.72k
Property Plant Equipment4M1.41M94.19k
Total Assets6.28M4.99M387.9k
Accounts Payable365.19k28.71k130.8k
Other Current Liab14.36k1.71k-
Total Current Liabilities410.04k79.42k268.37k
Total Liab410.04k79.42k268.37k
Common Stock8.19M5.48M295k
Retained Earnings-2.43M-566.82k-175.46k
Treasury Stock110k--
Other Stockholder Equity110k--
Total Stockholder Equity5.87M4.91M119.54k
Net Tangible Assets5.87M4.91M119.54k
Long Term Debt---

Cash Flow Statement

Cash Flow Statement history of Aldoro Resources Limited (ASX:ARN)

30 Jun 202030 Jun 201930 Jun 2018
Net Income-1.86M-391.35k-300.8k
Depreciation810.25k810.25k810.25k
Change To Netincome247k247k247k
Change To Account Receivables3.78k-17.29k-150.37k
Change To Liabilities-272.07k-188.95k434.8k
Total Cash From Operating Activities-1.07M-597.59k-16.37k
Capital Expenditures-877.51k-623.31k-136.2k
Total Cashflows From Investing Activities-873.29k-623.31k-136.2k
Other Cashflows From Financing Activities-50.23k-432.95k-432.95k
Total Cash From Financing Activities599.77k4.57M505.72k
Change In Cash-1.35M3.35M353.14k
Issuance Of Stock650k5M505.72k
Dividends Paid---