Angel Seafood Holdings Limited (ASX:AS1) Annual Report 2020



The latest annual report of Angel Seafood Holdings Limited (AS1) was published on 31 Dec 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 - AS1 Annual Results

Amounts in AUD

Total Revenue
7.53M
Gross Profit
5.46M
EBIT
-148.81k
Net Tangible Assets
9.65M
Net Income
1.44M
Capital Expenditures
-2.08M

AS1 Income Statement 2020 Annual Report

As per the latest Income Statement of AS1, the Net revenue increased by $2.54M (51%) compared to the previous period. The operating income in 2020 increased by $886933 (86%). The net income as per the annual report was 1.44M which increased by $1.19M (471%) compared to previous year.

Income Statement Report (2020/2020)

20202020
Total Revenue7.53M4.99M
Gross Profit5.46M3.38M
Operating Income-148.81k-1.04M
Income Before Tax1.44M251.7k
Net Income1.44M251.7k

Balance Sheet - AS1 2020 Annual Report

Read further: AS1 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Angel Seafood Holdings Limited showed the company increased the cash on balance sheet by $1.83M (136%). The Net tangible assets of AS1 on the balance sheet were at 9.65M which is $2.08M (28%) more than previous annual report. The total stockholder equity also increased by $4.53M (35%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2020)

20202020
Cash3.18M1.34M
Total Assets26.13M 21.8M
Long Term Debt2.42M2.62M
Total Liabilities8.8M 9M
Total Shareholder Equity17.33M12.8M
Net Tangible Assets9.65M7.57M

Cash Flow Statement - AS1 2020 Annual Report

The 2020 annual cash flow statement of Angel Seafood Holdings Limited showed that the net income increased by $1.19M (471%) compared to previous reporting period. Also the capital expenditure of AS1 decreased by $-1.33M (-176%).

As of 2020, the total cash from investing activities was -2.03M and total cash from financing activities was 5.35M.

Cash Flow Statement Report (2020/2020)

20202020
Net Income1.44M251.7k
Capital Expenditures-2.08M-751.43k
Dividends Paid--
Total Cash From From Investing Activities-2.03M-591.74k
Total Cash From From Financing Activities5.35M2.35M

Angel Seafood Holdings Limited Annual Report History

Income Statement

Income Statement history of Angel Seafood Holdings Limited (ASX:AS1)

31 Dec 202030 Jun 202030 Jun 201930 Jun 2018
Total Revenue7.53M4.99M4.27M1.46M
Cost Of Revenue2.07M1.61M889k689.32k
Gross Profit5.46M3.38M3.38M769.6k
Research Development----
Selling General Administrative3.55M2.87M2.76M1.38M
Non Recurring----
Other Operating Expenses1.07M683.71k1.32M1.29M
Total Operating Expenses7.68M6.03M5.66M4M
Operating Income-148.81k-1.04M-1.39M-2.54M
Total Other Income Expense Net1.59M1.29M1.69M1.24M
Ebit-148.81k-1.04M-1.39M-2.54M
Interest Expense-391.47k-371.69k-181.13k-52.9k
Income Before Tax1.44M251.7k305.38k-1.3M
Income Tax Expense----161.35k
Minority Interest----
Net Income From Continuing Ops1.44M251.7k305.38k-1.14M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.44M251.7k305.38k-1.14M
Net Income Applicable To Common Shares1.44M251.7k305.38k-1.14M

Balance Sheet Statement

Balance Sheet Statement history of Angel Seafood Holdings Limited (ASX:AS1)

31 Dec 202030 Jun 202030 Jun 201930 Jun 2018
Cash3.18M1.34M530.24k3.96M
Net Receivables859.05k592.17k525.82k249.8k
Inventory4.99M4.48M3.24M1.36M
Total Current Assets9.03M6.42M4.32M6M
Property Plant Equipment7.96M9.39M7.04M3.41M
Intangible Assets7.68M5.23M6.58M2.75M
Other Assets1.47M771.04k944.57k110.12k
Total Assets26.13M21.8M18.89M12.27M
Accounts Payable894.65k429.86k336.29k169.03k
Short Long Term Debt300k2.06M1.03M626.73k
Other Current Liab124.15k201.59k233.05k-
Long Term Debt2.42M2.62M1.5M-
Other Liab64.35k62.13k30.44k17.41k
Deferred Long Term Liab6.85k15.06k23.84k7.98k
Total Current Liabilities3.2M3.44M3.33M961.47k
Total Liab8.8M9M6.58M1.16M
Common Stock20.82M16.82M16.81M14.01M
Retained Earnings-2.33M-3.05M-3.3M-3.61M
Treasury Stock-1.16M-974.27k-1.2M721.73k
Other Stockholder Equity-1.16M-974.27k-1.2M721.73k
Total Stockholder Equity17.33M12.8M12.3M11.12M
Net Tangible Assets9.65M7.57M5.72M8.37M

Cash Flow Statement

Cash Flow Statement history of Angel Seafood Holdings Limited (ASX:AS1)

31 Dec 202030 Jun 202030 Jun 201930 Jun 2018
Net Income1.44M251.7k305.38k-1.14M
Depreciation982.55k856.28k684.5k356.5k
Change To Netincome-1.36M-1.14M-855.84k-1.26M
Change To Account Receivables-533.75k-66.35k-276.02k-98.74k
Change To Liabilities751.02k11.84k396.38k-347.56k
Change To Inventory-984.16k374.07k-573.91k408.61k
Change To Operating Activities49.9k239.57k103.17k26.39k
Total Cash From Operating Activities350.27k528.16k-211.93k-2.05M
Capital Expenditures-2.08M-751.43k-4.11M-1.86M
Total Cashflows From Investing Activities-2.03M-591.74k-5.76M-2.56M
Net Borrowings-2.19M2.35M1.11M-66.38k
Total Cash From Financing Activities5.35M2.35M1.08M7.21M
Change In Cash3.66M2.28M-4.89M2.6M
Issuance Of Stock7.54M7.54M7.54M8M
Dividends Paid----