Anteris Technologies Ltd (ASX:AVR) Annual Report 2020



The latest annual report of Anteris Technologies Ltd (AVR) 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 - AVR Annual Results

Amounts in AUD

Total Revenue
7.08M
Gross Profit
4.36M
EBIT
-18.98M
Net Tangible Assets
990.89k
Net Income
-15.27M
Capital Expenditures
-288.52k

AVR Income Statement 2020 Annual Report

As per the latest Income Statement of AVR, the Net revenue decreased by $-10.00M (-59%) compared to the previous period. The operating income in 2020 increased by $6.73M (26%). The net income as per the annual report was -15.27M which decreased by $-9.45M (-162%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue7.08M17.08M
Gross Profit4.36M10.38M
Operating Income-18.98M-25.71M
Income Before Tax-15.27M-6.18M
Net Income-15.27M-5.82M

Balance Sheet - AVR 2020 Annual Report

Read further: AVR Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Anteris Technologies Ltd showed the company reduced the cash on balance sheet by $-4.61M (-51%). The Net tangible assets of AVR on the balance sheet were at 990.89k which is $-12.82M (-93%) less than previous annual report. The total stockholder equity also decreased by $-13.13M (-85%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash4.35M8.97M
Total Assets12.65M 26M
Long Term Debt--
Total Liabilities10.24M 10.47M
Total Shareholder Equity2.41M15.54M
Net Tangible Assets990.89k13.81M

Cash Flow Statement - AVR 2020 Annual Report

The 2020 annual cash flow statement of Anteris Technologies Ltd showed that the net income decreased by $-9.45M (-162%) compared to previous reporting period. Also the capital expenditure of AVR decreased by $-221361 (-330%).

As of 2020, the total cash from investing activities was 7.76M and total cash from financing activities was 1.89M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-15.27M-5.82M
Capital Expenditures-288.52k-67.16k
Dividends Paid--
Total Cash From From Investing Activities7.76M20.57M
Total Cash From From Financing Activities1.89M8.73k

Anteris Technologies Ltd Annual Report History

Income Statement

Income Statement history of Anteris Technologies Ltd (ASX:AVR)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue7.08M17.08M25.6M22.61M
Cost Of Revenue2.72M6.69M13.35M9.27M
Gross Profit4.36M10.38M12.25M13.34M
Research Development4.63M3.32M3.37M1.2M
Selling General Administrative16.92M30.28M29.94M26.48M
Non Recurring----
Other Operating Expenses564.01k874.64k790.61k1.41M
Total Operating Expenses26.06M42.78M48.86M40.15M
Operating Income-18.98M-25.71M-23.26M-17.54M
Total Other Income Expense Net3.7M19.53M-1.43M-114.3k
Ebit-18.98M-25.71M-23.26M-17.54M
Interest Expense-574.94k-505.57k-1.24M-270.58k
Income Before Tax-15.27M-6.18M-24.7M-17.66M
Income Tax Expense----
Minority Interest--361.71k843.22k
Net Income From Continuing Ops-15.27M-6.18M-24.7M-17.66M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-15.27M-5.82M-24.22M-17.26M
Net Income Applicable To Common Shares-15.27M-5.82M-24.22M-17.26M

Balance Sheet Statement

Balance Sheet Statement history of Anteris Technologies Ltd (ASX:AVR)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash4.35M8.97M12.04M8.25M
Net Receivables3.04M2.67M4.19M4.72M
Inventory693.46k1.81M6.69M5.55M
Total Current Assets8.09M20.58M22.92M18.53M
Property Plant Equipment2.43M2.96M2.18M2.35M
Intangible Assets1.42M1.73M5.17M5.66M
Other Assets711.14k729.68k-248.94k
Total Assets12.65M26M31.86M28.37M
Accounts Payable754.68k1.13M2.47M1.26M
Other Current Liab3.66M4.2M5.28M4.84M
Other Liab1.58M2M1.61M1.7M
Total Current Liabilities7.84M7.3M8.77M11.74M
Total Liab10.24M10.47M10.38M13.44M
Common Stock138.74M137.76M137.74M106.03M
Retained Earnings-134.77M-119.5M-113.68M-89.46M
Treasury Stock-1.56M-2.72M-2.94M-2.48M
Other Stockholder Equity-1.56M-2.72M-2.94M-2.48M
Total Stockholder Equity2.41M15.54M21.12M14.08M
Net Tangible Assets990.89k13.81M14.36M6.84M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Anteris Technologies Ltd (ASX:AVR)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income-15.27M-5.82M-24.22M-17.26M
Depreciation1.18M1.23M1.03M1.65M
Change To Netincome-6.47M-12.96M-954.49k-1.35M
Change To Account Receivables5.87M-5.2M526.55k-1.13M
Change To Liabilities-908.09k-2.26M1.33M7.16M
Change To Inventory1.12M2.03M-1.14M-2.77M
Change To Operating Activities-20.34k-356.44k157.72k272.39k
Total Cash From Operating Activities-14.37M-22.87M-22.21M-13.25M
Capital Expenditures-288.52k-67.16k-611.22k-1.56M
Investments7.11M-7.54M-400k-400k
Total Cashflows From Investing Activities7.76M20.57M-1.01M-2.29M
Net Borrowings855.93k710.38k-5M10M
Other Cashflows From Financing Activities-31.15k-701.78k-3.26M-995.78k
Total Cash From Financing Activities1.89M8.73k27.15M9.01M
Effect Of Exchange Rate103.1k-782.36k-151.25k523.04k
Change In Cash-4.61M-3.07M3.78M-6.01M
Issuance Of Stock1.07M13735.41M1.63k
Dividends Paid----