Aspermont Limited (ASX:ASP) Annual Report 2020



The latest annual report of Aspermont Limited (ASP) was published on 30 Sep 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 - ASP Annual Results

Amounts in AUD

Total Revenue
15.2M
Gross Profit
8.88M
EBIT
-2.01M
Net Tangible Assets
-5.15M
Net Income
-970k
Capital Expenditures
-46k

ASP Income Statement 2020 Annual Report

As per the latest Income Statement of ASP, the Net revenue decreased by $-1.18M (-7%) compared to the previous period. The operating income in 2020 increased by $893000 (31%). The net income as per the annual report was -970k which increased by $6.48M (87%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue15.2M16.38M
Gross Profit8.88M8.92M
Operating Income-2.01M-2.9M
Income Before Tax-874k-7.47M
Net Income-970k-7.45M

Balance Sheet - ASP 2020 Annual Report

Read further: ASP Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Aspermont Limited showed the company increased the cash on balance sheet by $2.46M (338%). The Net tangible assets of ASP on the balance sheet were at -5.15M which is $1.05M (17%) more than previous annual report. The total stockholder equity also increased by $619000 (24%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash3.18M727k
Total Assets15.36M 13.97M
Long Term Debt--
Total Liabilities12.11M 11.33M
Total Shareholder Equity3.25M2.63M
Net Tangible Assets-5.15M-6.19M

Cash Flow Statement - ASP 2020 Annual Report

The 2020 annual cash flow statement of Aspermont Limited showed that the net income increased by $6.48M (87%) compared to previous reporting period. Also the capital expenditure of ASP decreased by $-10000 (-28%).

As of 2020, the total cash from investing activities was -636k and total cash from financing activities was 615k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-970k-7.45M
Capital Expenditures-46k-36k
Dividends Paid--
Total Cash From From Investing Activities-636k-593k
Total Cash From From Financing Activities615k-352k

Aspermont Limited Annual Report History

Income Statement

Income Statement history of Aspermont Limited (ASX:ASP)

30 Sep 202030 Sep 201930 Sep 201830 Sep 2017
Total Revenue15.2M16.38M14.03M11.8M
Cost Of Revenue6.32M7.46M6.46M5.5M
Gross Profit8.88M8.92M7.58M6.3M
Research Development----
Selling General Administrative9.46M10.46M7.89M7.67M
Non Recurring----
Other Operating Expenses763k1.2M1.19M1.44M
Total Operating Expenses17.21M19.28M15.64M14.61M
Operating Income-2.01M-2.9M-1.61M-2.81M
Total Other Income Expense Net1.14M-4.56M746k-5.56M
Ebit-2.01M-2.9M-1.61M-2.81M
Interest Expense-82k-103k-24k-948k
Income Before Tax-874k-7.47M-868k-8.62M
Income Tax Expense96k-14k75k671.2k
Minority Interest----
Net Income From Continuing Ops-970k-7.45M-943k-9.29M
Discontinued Operations---8.58M
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-970k-7.45M-943k-1.07M
Net Income Applicable To Common Shares-970k-7.45M-943k-1.07M

Balance Sheet Statement

Balance Sheet Statement history of Aspermont Limited (ASX:ASP)

30 Sep 202030 Sep 201930 Sep 201830 Sep 2017
Cash3.18M727k2.06M1.34M
Net Receivables1.31M1.38M1.86M1.23M
Total Current Assets4.49M2.11M3.92M2.57M
Long Term Investments71k71k74k68k
Property Plant Equipment980k1.45M124k85k
Intangible Assets8.4M8.83M8.84M8.03M
Other Assets1.42M1.52M7.75M6.83M
Deferred Long Term Asset Charges1.42M1.52M2.27M2.35M
Total Assets15.36M13.97M20.71M17.59M
Accounts Payable1.9M1.72M2.25M1.64M
Short Long Term Debt35k43k-5k85k
Other Current Liab7.03M5.97M5.99M4.56M
Other Liab1.54M1.61M2.35M2.36M
Total Current Liabilities10.12M8.84M8.69M6.67M
Total Liab12.11M11.33M11.04M9.03M
Common Stock8.54M7.44M67.74M65.6M
Retained Earnings-3.9M-2.98M-46.19M-45.25M
Treasury Stock-1.39M-1.83M-11.88M-11.8M
Other Stockholder Equity-1.39M-1.83M-11.88M-11.8M
Total Stockholder Equity3.25M2.63M9.67M8.56M
Net Tangible Assets-5.15M-6.19M829k526k
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Aspermont Limited (ASX:ASP)

30 Sep 202030 Sep 201930 Sep 201830 Sep 2017
Net Income-970k-7.45M-943k-1.07M
Depreciation511k485k36k120k
Change To Netincome760k5.63M-1.32M-424k
Change To Account Receivables43k527k-630k2.01M
Change To Liabilities1.21M-163k2.28M-4.66M
Total Cash From Operating Activities2.48M-393k-436k-4.02M
Capital Expenditures-46k-36k-74k-16k
Other Cashflows From Investing Activities-57k-55k-55k3.3M
Total Cashflows From Investing Activities-636k-593k-725k2.94M
Net Borrowings-484k-346k-346k-1.56M
Other Cashflows From Financing Activities-58k-6k-169k-236.8k
Total Cash From Financing Activities615k-352k1.88M757.6k
Effect Of Exchange Rate-5k6k3k-41.6k
Change In Cash2.46M-1.33M717k-362.4k
Issuance Of Stock1.16M1.16M2.04M2.55M
Dividends Paid----