Auctus Investment Group Limited (ASX:AVC) Annual Report 2020

The latest annual report of Auctus Investment Group Limited (AVC) 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 - AVC Annual Results

Amounts in AUD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

AVC Income Statement 2020 Annual Report

As per the latest Income Statement of AVC, the Net revenue increased by $1.61M (270%) compared to the previous period. The operating income in 2020 decreased by $-479114 (-17%). The net income as per the annual report was -2.96M which decreased by $-3.94M (-405%) compared to previous year.

Income Statement Report (2020/2019)

Total Revenue2.21M597.13k
Gross Profit1.26M466.21k
Operating Income-3.22M-2.74M
Income Before Tax-3.29M-3.1M
Net Income-2.96M972.36k

Balance Sheet - AVC 2020 Annual Report

Read further: AVC Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Auctus Investment Group Limited showed the company increased the cash on balance sheet by $1.30M (251%). The Net tangible assets of AVC on the balance sheet were at 5.85M which is $1.60M (38%) more than previous annual report. The total stockholder equity also increased by $1.54M (25%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

Total Assets9.42M 8.09M
Long Term Debt--
Total Liabilities1.92M 2.28M
Total Shareholder Equity7.6M6.06M
Net Tangible Assets5.85M4.25M

Cash Flow Statement - AVC 2020 Annual Report

The 2020 annual cash flow statement of Auctus Investment Group Limited showed that the net income decreased by $-3.94M (-405%) compared to previous reporting period. Also the capital expenditure of AVC increased by $NaN (NaN%).

As of 2020, the total cash from investing activities was -499.84k and total cash from financing activities was 2.3M.

Cash Flow Statement Report (2020/2019)

Net Income-2.96M972.36k
Capital Expenditures--639
Dividends Paid--
Total Cash From From Investing Activities-499.84k-706.15k
Total Cash From From Financing Activities2.3M3.38M

Auctus Investment Group Limited Annual Report History

Income Statement

Income Statement history of Auctus Investment Group Limited (ASX:AVC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue2.21M597.13k307779.97k
Cost Of Revenue954.76k130.92k-846.92k
Gross Profit1.26M466.21k307-66.95k
Research Development----
Selling General Administrative1.93M2.12M2.24M1.88M
Non Recurring----
Other Operating Expenses85.89k492.25k-5.36k-254.78k
Total Operating Expenses5.43M3.34M2.55M2.52M
Operating Income-3.22M-2.74M-2.55M-1.74M
Total Other Income Expense Net-66.46k-354.48k-39.1k343.15k
Interest Expense-25.03k-20.3k-4.94k-7.88k
Income Before Tax-3.29M-3.1M-2.58M-1.4M
Income Tax Expense---15.14k13.53k
Minority Interest-101.08k-262.21k-1.39M-928.88k
Net Income From Continuing Ops-3.29M-3.1M-2.57M-1.41M
Discontinued Operations322.32k4.32M-795.89k2.68k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-2.96M972.36k-3.03M-1.37M
Net Income Applicable To Common Shares-2.96M972.36k-3.03M-1.37M

Balance Sheet Statement

Balance Sheet Statement history of Auctus Investment Group Limited (ASX:AVC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Receivables1.36M36.96k520.21k765.56k
Other Current Assets110.95k95.55k3.72k11.61k
Total Current Assets3.29M651.14k806.01k1.01M
Long Term Investments1.95M2.64M818.09k-
Property Plant Equipment116.32k19.52k25.14k9.2k
Good Will1.16M1.16M1.16M-
Intangible Assets600.23k658.34k3.32k553.01k
Other Assets2.3M2.96M-260k
Total Assets9.42M8.09M2.81M1.84M
Accounts Payable281.03k472.13k481.42k1.35M
Other Current Liab603.69k1.75M138.84k501.11k
Other Liab-1---
Minority Interest-101.08k-262.21k-1.39M-928.88k
Total Current Liabilities1.88M2.28M2.03M3.05M
Total Liab1.92M2.28M2.03M3.05M
Common Stock26.59M23.47M19.23M15.46M
Retained Earnings-21.23M-18.27M-15.44M-10.97M
Treasury Stock2.24M858.31k-1.62M-4.78M
Other Stockholder Equity2.24M858.31k-1.62M-4.78M
Total Stockholder Equity7.6M6.06M2.17M-285.18k
Net Tangible Assets5.85M4.25M1.01M-838.18k
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Auctus Investment Group Limited (ASX:AVC)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income-2.96M972.36k-3.03M-1.37M
Change To Netincome2.64M-4.15M667.65k-220.25k
Change To Account Receivables36.96k517.79k-576.94k-173.88k
Change To Liabilities-285.49k149.55k915.76k143.88k
Change To Operating Activities-15.61k29.49k-26.83k5.84k
Total Cash From Operating Activities-470.89k-2.42M-1.81M-1.59M
Total Cashflows From Investing Activities-499.84k-706.15k-1.16M-383.74k
Other Cashflows From Financing Activities-35.64k-39.96k-39.96k-108.25k
Total Cash From Financing Activities2.3M3.38M3.01M1.87M
Effect Of Exchange Rate-43.84k6179.93k-20.09k
Change In Cash1.29M251.98k45.18k-126.97k
Issuance Of Stock2.34M3.31M2.73M2.01M
Capital Expenditures--639-29.07k-29.07k
Dividends Paid----