Mobilicom Limited (ASX:MOB) Annual Report 2020



The latest annual report of Mobilicom Limited (MOB) 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 - MOB Annual Results

Amounts in AUD

Total Revenue
2.07M
Gross Profit
1.34M
EBIT
-2.6M
Net Tangible Assets
2.02M
Net Income
-2.78M
Capital Expenditures
-

MOB Income Statement 2020 Annual Report

As per the latest Income Statement of MOB, the Net revenue decreased by $-1.37M (-40%) compared to the previous period. The operating income in 2020 increased by $1.19M (31%). The net income as per the annual report was -2.78M which increased by $859507 (24%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue2.07M3.44M
Gross Profit1.34M2.42M
Operating Income-2.6M-3.79M
Income Before Tax-2.78M-3.64M
Net Income-2.78M-3.64M

Balance Sheet - MOB 2020 Annual Report

Read further: MOB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Mobilicom Limited showed the company reduced the cash on balance sheet by $-2.25M (-48%). The Net tangible assets of MOB on the balance sheet were at 2.02M which is $-2.43M (-55%) less than previous annual report. The total stockholder equity also decreased by $-2.43M (-55%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash2.46M4.71M
Total Assets4.57M 7.63M
Long Term Debt--
Total Liabilities2.55M 3.19M
Total Shareholder Equity2.02M4.45M
Net Tangible Assets2.02M4.45M

Cash Flow Statement - MOB 2020 Annual Report

The 2020 annual cash flow statement of Mobilicom Limited showed that the net income increased by $859507 (24%) compared to previous reporting period. Also the capital expenditure of MOB increased by $NaN (NaN%).

As of 2020, the total cash from investing activities was - and total cash from financing activities was -125.44k.

Cash Flow Statement Report (2020/2019)

20202019
Net Income-2.78M-3.64M
Capital Expenditures--176.8k
Dividends Paid--
Total Cash From From Investing Activities--176.8k
Total Cash From From Financing Activities-125.44k3.53M

Mobilicom Limited Annual Report History

Income Statement

Income Statement history of Mobilicom Limited (ASX:MOB)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Total Revenue2.07M3.44M2.64M1.52M
Cost Of Revenue725.39k1.01M758.8k384.6k
Gross Profit1.34M2.42M1.88M1.14M
Research Development2.42M3.41M2.7M2.06M
Selling General Administrative2.31M3.28M2.76M2.19M
Non Recurring----
Other Operating Expenses-964.97k-729.17k-367.69k-230.67k
Total Operating Expenses4.67M7.22M5.94M6.1M
Operating Income-2.6M-3.79M-3.3M-4.58M
Total Other Income Expense Net-181.63k148.17k122.52k-1.5M
Ebit-2.6M-3.79M-3.3M-4.58M
Interest Expense-12.24k-46.98k-46.98k-427.12k
Income Before Tax-2.78M-3.64M-3.18M-6.09M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-2.78M-3.64M-3.18M-6.09M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-2.78M-3.64M-3.18M-6.09M
Net Income Applicable To Common Shares-2.78M-3.64M-3.18M-6.09M

Balance Sheet Statement

Balance Sheet Statement history of Mobilicom Limited (ASX:MOB)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Cash2.46M4.71M4.96M8.08M
Net Receivables385.16k1.27M490.14k423.64k
Inventory803k525.05k437.48k303.94k
Total Current Assets3.65M6.51M5.89M8.81M
Property Plant Equipment913.93k1.13M39.11k42.44k
Total Assets4.57M7.63M5.93M8.85M
Accounts Payable251.68k580.3k256.71k214.75k
Other Current Liab767.52k851.44k729.8k673.99k
Other Liab709.87k811.26k644.48k620.35k
Total Current Liabilities1.29M1.65M986.51k888.73k
Total Liab2.55M3.19M1.63M1.51M
Common Stock22.88M22.88M19.08M19.06M
Retained Earnings-21.64M-19.3M-15.66M-12.48M
Treasury Stock770.28k859.98k876.68k763.41k
Other Stockholder Equity770.28k859.98k876.68k763.41k
Total Stockholder Equity2.02M4.45M4.29M7.34M
Net Tangible Assets2.02M4.45M4.29M7.34M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Mobilicom Limited (ASX:MOB)

31 Dec 202031 Dec 201931 Dec 201831 Dec 2017
Net Income-2.78M-3.64M-3.18M-6.09M
Depreciation285.28k248.35k10.79k19.48k
Change To Netincome365.3k155.98k235.54k1.7M
Change To Account Receivables797.1k-727.48k-73.4k-32.98k
Change To Liabilities-412.55k445.23k139.35k-12.78k
Change To Inventory-277.96k-87.56k-133.55k-133.93k
Change To Operating Activities-95.45k-13.91k31.03k241.29k
Total Cash From Operating Activities-2.12M-3.62M-2.97M-3.88M
Net Borrowings-125.44k-259.43k-259.43k876.84k
Total Cash From Financing Activities-125.44k3.53M3.53M8.04M
Change In Cash-2.25M-248.98k-3.12M3.95M
Capital Expenditures--176.8k-7.46k-24.05k
Dividends Paid----
Total Cashflows From Investing Activities--176.8k-7.46k-24.05k