1300SMILES Limited (ASX:ONT) Annual Report 2020



The latest annual report of 1300SMILES Limited (ONT) 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 - ONT Annual Results

Amounts in AUD

Total Revenue
39.8M
Gross Profit
19.92M
EBIT
9.91M
Net Tangible Assets
6.83M
Net Income
7.14M
Capital Expenditures
-1.72M

ONT Income Statement 2020 Annual Report

As per the latest Income Statement of ONT, the Net revenue decreased by $-511000 (-1%) compared to the previous period. The operating income in 2020 increased by $143605 (1%). The net income as per the annual report was 7.14M which decreased by $-627000 (-8%) compared to previous year.

Income Statement Report (2020/2019)

20202019
Total Revenue39.8M40.31M
Gross Profit19.92M17.02M
Operating Income9.91M9.76M
Income Before Tax9.79M10.79M
Net Income7.14M7.77M

Balance Sheet - ONT 2020 Annual Report

Read further: ONT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of 1300SMILES Limited showed the company increased the cash on balance sheet by $6.05M (954%). The Net tangible assets of ONT on the balance sheet were at 6.83M which is $222000 (3%) more than previous annual report. The total stockholder equity also increased by $1.05M (3%) compared to previous reporting period.

Balance Sheet Statement Report (2020/2019)

20202019
Cash6.68M634k
Total Assets74.16M 57.37M
Long Term Debt15M9.2M
Total Liabilities33.02M 17.28M
Total Shareholder Equity41.13M40.09M
Net Tangible Assets6.83M6.6M

Cash Flow Statement - ONT 2020 Annual Report

The 2020 annual cash flow statement of 1300SMILES Limited showed that the net income decreased by $-627000 (-8%) compared to previous reporting period. Also the capital expenditure of ONT increased by $248000 (13%).

As of 2020, the total cash from investing activities was -3.76M and total cash from financing activities was -2.78M.

Cash Flow Statement Report (2020/2019)

20202019
Net Income7.14M7.77M
Capital Expenditures-1.72M-1.97M
Dividends Paid-6.1M-5.8M
Total Cash From From Investing Activities-3.76M-10.02M
Total Cash From From Financing Activities-2.78M1.45M

1300SMILES Limited Annual Report History

Income Statement

Income Statement history of 1300SMILES Limited (ASX:ONT)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Total Revenue39.8M40.31M39.08M36.16M
Cost Of Revenue19.88M23.3M21.82M19.77M
Gross Profit19.92M17.02M17.26M16.39M
Research Development----
Selling General Administrative4.51M4.99M4.41M3.88M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses29.89M30.55M28.54M25.75M
Operating Income9.91M9.76M10.54M10.4M
Total Other Income Expense Net-121.61k1.02M131.67k-80.87k
Ebit9.91M9.76M10.54M10.4M
Interest Expense-884k-229k-117k-128k
Income Before Tax9.79M10.79M10.67M10.32M
Income Tax Expense2.64M3.02M3.04M3.05M
Minority Interest----
Net Income From Continuing Ops7.14M7.77M7.63M7.27M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income7.14M7.77M7.63M7.27M
Net Income Applicable To Common Shares7.14M7.77M7.63M7.27M

Balance Sheet Statement

Balance Sheet Statement history of 1300SMILES Limited (ASX:ONT)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Cash6.68M634k2.29M5.73M
Net Receivables2.5M3.61M3.5M2.55M
Inventory257k20k19k19k
Other Current Assets1.42M691k350k2k
Total Current Assets11.46M5.25M6.51M8.78M
Property Plant Equipment21.21M13.26M11.15M8.71M
Good Will31.64M30.36M25.55M23.2M
Intangible Assets2.67M3.12M2.58M2.57M
Other Assets7.18M5.16M2.32M1.96M
Total Assets74.16M57.37M48.11M45.63M
Accounts Payable2.34M1.72M2.11M1.97M
Other Current Liab4.49M2.72M4.11M5.09M
Long Term Debt15M9.2M1.95M-
Other Liab1.47M3.02M1.15M1.98M
Total Current Liabilities10.54M5.07M6.9M7.54M
Total Liab33.02M17.28M10M9.52M
Common Stock15.5M15.5M15.5M15.5M
Retained Earnings25.63M24.58M22.61M20.6M
Total Stockholder Equity41.13M40.09M38.11M36.1M
Net Tangible Assets6.83M6.6M9.98M10.34M

Cash Flow Statement

Cash Flow Statement history of 1300SMILES Limited (ASX:ONT)

30 Jun 202030 Jun 201930 Jun 201830 Jun 2017
Net Income7.14M7.77M7.63M7.27M
Depreciation5.3M1.75M1.8M1.66M
Change To Netincome-807k-1.57M-281k-226k
Change To Account Receivables-358k663k-490k69k
Change To Liabilities159k-1.98M339k-902k
Change To Operating Activities-355k57k435k-306k
Total Cash From Operating Activities12.58M6.91M10.41M8.77M
Capital Expenditures-1.72M-1.97M-2.8M-1M
Investments-375k-207k-207k-207k
Total Cashflows From Investing Activities-3.76M-10.02M-10.17M-5.18M
Dividends Paid-6.1M-5.8M-5.62M-5.39M
Net Borrowings3.32M7.25M1.95M1.95M
Total Cash From Financing Activities-2.78M1.45M-3.67M-5.39M
Change In Cash6.05M-1.66M-3.44M-1.81M