Astro Resources NL (ASX:ARO) Annual Report 2020



The latest annual report of Astro Resources NL (ARO) 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 - ARO Annual Results

Amounts in AUD

Total Revenue
283
Gross Profit
283
EBIT
-365.71k
Net Tangible Assets
1.01M
Net Income
-700.58k
Capital Expenditures
-939.5k

ARO Income Statement 2020 Annual Report

As per the latest Income Statement of ARO, the Net revenue decreased by $-10860 (-97%) compared to the previous period. The operating income in 2020 increased by $183057 (33%). The net income as per the annual report was -700.58k which increased by $10140 (1%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue28311.14k
Gross Profit28311.14k
Operating Income-365.71k-548.76k
Income Before Tax-700.58k-710.72k
Net Income-700.58k-710.72k

Balance Sheet - ARO 2020 Annual Report

Read further: ARO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Astro Resources NL showed the company reduced the cash on balance sheet by $-172257 (-86%). The Net tangible assets of ARO on the balance sheet were at 1.01M which is $-702781 (-41%) less than previous annual report. The total stockholder equity also decreased by $-702781 (-41%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash27.22k199.48k
Total Assets4.25M 3.55M
Long Term Debt2.86M-
Total Liabilities3.24M 1.84M
Total Shareholder Equity1.01M1.72M
Net Tangible Assets1.01M1.72M

Cash Flow Statement - ARO 2020 Annual Report

The 2020 annual cash flow statement of Astro Resources NL showed that the net income increased by $10140 (1%) compared to previous reporting period. Also the capital expenditure of ARO decreased by $-251253 (-37%).

As of 2020, the total cash from investing activities was -939.5k and total cash from financing activities was 965k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-700.58k-710.72k
Capital Expenditures-939.5k-688.25k
Dividends Paid--
Total Cash From From Investing Activities-939.5k-688.25k
Total Cash From From Financing Activities965k1.15M

Astro Resources NL Annual Report History

Income Statement

Income Statement history of Astro Resources NL (ASX:ARO)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue28311.14k--
Cost Of Revenue----
Gross Profit28311.14k--
Research Development----
Selling General Administrative----
Non Recurring----
Other Operating Expenses365.99k302.04k395.69k600.29k
Total Operating Expenses365.99k559.91k890.69k600.29k
Operating Income-365.71k-548.76k-890.69k-600.29k
Total Other Income Expense Net-334.87k-161.96k-73k-
Ebit-365.71k-548.76k-890.69k-600.29k
Interest Expense-334.87k-161.96k-73k-73k
Income Before Tax-700.58k-710.72k-963.69k-600.29k
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-700.58k-710.72k-963.69k-600.29k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-700.58k-710.72k-963.69k-600.29k
Net Income Applicable To Common Shares-700.58k-710.72k-963.69k-600.29k

Balance Sheet Statement

Balance Sheet Statement history of Astro Resources NL (ASX:ARO)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash27.22k199.48k5.66k7.16k
Net Receivables27.49k30.95k28.56k4.67k
Inventory4k4k4k4k
Total Current Assets83.06k272.07k92.62k61.91k
Long Term Investments9003.1k5.3k5.6k
Property Plant Equipment4.17M3.28M2.86M2.64M
Total Assets4.25M3.55M2.96M2.71M
Accounts Payable336.74k268.74k242.2k60.57k
Other Current Liab12.65k13k114.87k113.87k
Long Term Debt2.86M-985.7k-
Other Liab27k96k--
Total Current Liabilities349.39k1.74M417.07k198.44k
Total Liab3.24M1.84M1.4M198.44k
Common Stock16.21M16.21M13.99M13.98M
Retained Earnings-14.53M-13.83M-13.31M-12.34M
Treasury Stock-671.88k-669.68k-383.25k-382.95k
Other Stockholder Equity-671.88k-669.68k-383.25k-382.95k
Total Stockholder Equity1.01M1.72M1.56M2.51M
Net Tangible Assets1.01M1.72M1.56M2.51M

Cash Flow Statement

Cash Flow Statement history of Astro Resources NL (ASX:ARO)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-700.58k-710.72k-963.69k-600.29k
Depreciation9.71k268.63k507.57k13.2k
Change To Netincome334.87k158.98k158.98k158.98k
Change To Account Receivables29.77k17k-32.86k2.06k
Change To Liabilities128.47k41.57k218.63k-298.1k
Total Cash From Operating Activities-197.76k-269.64k-532.83k-723.34k
Capital Expenditures-939.5k-688.25k-399.68k-233.54k
Total Cashflows From Investing Activities-939.5k-688.25k-399.68k-233.54k
Net Borrowings965k277.79k920k920k
Total Cash From Financing Activities965k1.15M931k942.85k
Change In Cash-172.26k5.66k-1.5k-14.04k
Dividends Paid----