Atomo Diagnostics Limited (ASX:AT1) Annual Report 2020



The latest annual report of Atomo Diagnostics Limited (AT1) 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 - AT1 Annual Results

Amounts in AUD

Total Revenue
5.37M
Gross Profit
3.42M
EBIT
-2.22M
Net Tangible Assets
32.96M
Net Income
-9.22M
Capital Expenditures
-818.69k

AT1 Income Statement 2020 Annual Report

As per the latest Income Statement of AT1, the Net revenue increased by $4.83M (895%) compared to the previous period. The operating income in 2020 increased by $2.00M (47%). The net income as per the annual report was -9.22M which decreased by $-4.16M (-82%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue5.37M539.74k
Gross Profit3.42M18.11k
Operating Income-2.22M-4.22M
Income Before Tax-9.22M-5.06M
Net Income-9.22M-5.06M

Balance Sheet - AT1 2020 Annual Report

Read further: AT1 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Atomo Diagnostics Limited showed the company increased the cash on balance sheet by $25.25M (1361%). The Net tangible assets of AT1 on the balance sheet were at 32.96M which is $39.33M (617%) more than previous annual report. The total stockholder equity also increased by $39.95M (730%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash27.1M1.86M
Total Assets36.1M 6.05M
Long Term Debt-6.41M
Total Liabilities1.62M 11.52M
Total Shareholder Equity34.48M-5.47M
Net Tangible Assets32.96M-6.37M

Cash Flow Statement - AT1 2020 Annual Report

The 2020 annual cash flow statement of Atomo Diagnostics Limited showed that the net income decreased by $-4.16M (-82%) compared to previous reporting period. Also the capital expenditure of AT1 decreased by $-78775 (-11%).

As of 2020, the total cash from investing activities was -1.99M and total cash from financing activities was 33.61M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-9.22M-5.06M
Capital Expenditures-818.69k-739.91k
Dividends Paid--
Total Cash From From Investing Activities-1.99M-813.36k
Total Cash From From Financing Activities33.61M2.43M

Atomo Diagnostics Limited Annual Report History

Income Statement

Income Statement history of Atomo Diagnostics Limited (ASX:AT1)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue5.37M539.74k287.25k294.93k
Cost Of Revenue1.95M521.63k788.69k248.28k
Gross Profit3.42M18.11k-501.44k46.66k
Research Development695.01k1.34M2.88M3.21M
Selling General Administrative4.3M3.23M1.86M2.19M
Non Recurring----
Other Operating Expenses-42.66k-882.48k534.8k-815.53k
Total Operating Expenses7.59M4.76M6.4M5.07M
Operating Income-2.22M-4.22M-6.11M-4.78M
Total Other Income Expense Net-7M-831.56k-1.09M-1.37M
Ebit-2.22M-4.22M-6.11M-4.78M
Interest Expense-9.09M-1.04M-936.62k-919.57k
Income Before Tax-9.22M-5.06M-7.2M-6.15M
Income Tax Expense---2.3M-999.24k
Minority Interest----
Net Income From Continuing Ops-9.22M-5.06M-4.9M-5.15M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-9.22M-5.06M-4.9M-5.15M
Net Income Applicable To Common Shares-9.22M-5.06M-4.9M-5.15M

Balance Sheet Statement

Balance Sheet Statement history of Atomo Diagnostics Limited (ASX:AT1)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash27.1M1.86M1.99M8.28M
Net Receivables4.76M1.35M3.7M1.43M
Inventory1.21M787.72k258.49k677.83k
Total Current Assets33.07M4M5.96M10.53M
Property Plant Equipment1.51M1.15M908.6k473.71k
Intangible Assets1.52M900.4k892.34k862.29k
Total Assets36.1M6.05M7.76M11.87M
Accounts Payable930.03k604.03k459.32k337.38k
Other Current Liab64.52k28.67k6.81k30.14k
Other Liab105.02k58.98k43.64k32.85k
Total Current Liabilities1.51M5.05M3.88M3.71M
Total Liab1.62M11.52M12.64M11.82M
Common Stock66.51M17.11M13.19M13.22M
Retained Earnings-32.33M-23.11M-18.06M-13.16M
Treasury Stock295.63k529.61k-27.27k-12.24k
Other Stockholder Equity295.63k529.61k-27.27k-12.24k
Total Stockholder Equity34.48M-5.47M-4.89M47.82k
Net Tangible Assets32.96M-6.37M-5.78M-814.48k
Long Term Debt-6.41M8.72M8.07M

Cash Flow Statement

Cash Flow Statement history of Atomo Diagnostics Limited (ASX:AT1)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-9.22M-5.06M-4.9M-5.15M
Depreciation687.09k560.61k329.25k243.98k
Change To Netincome5.25M807.45k-1.73M776.7k
Change To Account Receivables-2.94M2.35M23.46k-206.18k
Change To Liabilities247.03k7.44k288.91k-684.97k
Change To Inventory-421.96k-529.23k419.34k-246.8k
Change To Operating Activities134.25k20.5k9.58k10.49k
Total Cash From Operating Activities-6.26M-1.84M-5.56M-5.26M
Capital Expenditures-818.69k-739.91k-552.59k-447.23k
Total Cashflows From Investing Activities-1.99M-813.36k-642.63k-606.48k
Net Borrowings5.8M5.8M5.8M1.3M
Total Cash From Financing Activities33.61M2.43M2.43M7.28M
Effect Of Exchange Rate-103.23k79.64k-80.01k-188.09k
Change In Cash25.25M-137.89k-6.28M1.23M
Issuance Of Stock27.81M2.43M2.43M5.98M
Dividends Paid----