AVEVA Group plc (LSE:AVV) Annual Report 2021



The latest annual report of AVEVA Group plc (AVV) was published on 31 Mar 2021. 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 - AVV Annual Results

Amounts in GBP

Total Revenue
820.4M
Gross Profit
639.9M
EBIT
118.9M
Net Tangible Assets
-372.7M
Net Income
24.8M
Capital Expenditures
-10.9M

AVV Income Statement 2021 Annual Report

As per the latest Income Statement of AVV, the Net revenue decreased by £-13.40M (-2%) compared to the previous period. The operating income in 2021 decreased by £-2.30M (-2%). The net income as per the annual report was 24.8M which decreased by £-45.00M (-64%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue820.4M833.8M
Gross Profit639.9M643.7M
Operating Income118.9M121.2M
Income Before Tax34.2M92M
Net Income24.8M69.8M

Balance Sheet - AVV 2021 Annual Report

Read further: AVV Balance Sheet Detailed Analysis

The latest balance sheet from annual result of AVEVA Group plc showed the company increased the cash on balance sheet by £172.10M (150%). The Net tangible assets of AVV on the balance sheet were at -372.7M which is £-506.90M (-378%) less than previous annual report. The total stockholder equity also increased by £3.251B (167%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash286.6M114.5M
Total Assets6.63B 2.48B
Long Term Debt654M-
Total Liabilities1.44B 533.7M
Total Shareholder Equity5.19B1.94B
Net Tangible Assets-372.7M134.2M

Cash Flow Statement - AVV 2021 Annual Report

The 2021 annual cash flow statement of AVEVA Group plc showed that the net income decreased by £-45.00M (-64%) compared to previous reporting period. Also the capital expenditure of AVV increased by £7.60M (41%).

As of 2021, the total cash from investing activities was -3.12B and total cash from financing activities was 3.35B.

Cash Flow Statement Report (2021/2020)

20212020
Net Income24.8M69.8M
Capital Expenditures-10.9M-18.5M
Dividends Paid-82.4M-71.7M
Total Cash From From Investing Activities-3.12B-39.9M
Total Cash From From Financing Activities3.35B-93.6M

AVEVA Group plc Annual Report History

Income Statement

Income Statement history of AVEVA Group plc (LSE:AVV)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue820.4M833.8M766.6M486.3M
Cost Of Revenue180.5M190.1M191.3M150.4M
Gross Profit639.9M643.7M575.3M335.9M
Research Development184.2M184.2M176.3M100.8M
Selling General Administrative336.8M338.3M316.8M172.7M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses701.5M712.6M684.4M423.9M
Operating Income118.9M121.2M82.2M62.4M
Total Other Income Expense Net-84.7M-29.2M-35.5M-27.9M
Ebit118.9M121.2M82.2M62.4M
Interest Expense-3M-3.1M-500k-3.6M
Income Before Tax34.2M92M46.7M34.5M
Income Tax Expense9.4M22.2M12.9M-6M
Minority Interest----
Net Income From Continuing Ops24.8M69.8M33.8M40.5M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income24.8M69.8M33.8M40.5M
Net Income Applicable To Common Shares24.8M69.8M33.8M40.5M

Balance Sheet Statement

Balance Sheet Statement history of AVEVA Group plc (LSE:AVV)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash286.6M114.5M127.2M105.6M
Net Receivables501.4M372.2M321.7M278.1M
Other Current Assets8.3M100k600k700k
Total Current Assets846.4M519.4M477.8M416.3M
Long Term Investments400k---
Property Plant Equipment160.4M107.1M17.1M14.8M
Good Will3.9B1.3B1.29B1.28B
Intangible Assets1.66B511.8M594.2M670.2M
Other Assets55.2M41.4M26.4M24.4M
Deferred Long Term Asset Charges21.4M19.1M11.8M9M
Total Assets6.63B2.48B2.4B2.41B
Accounts Payable39.6M20.1M20.3M22.9M
Other Current Liab311.7M194.7M202.8M185.9M
Long Term Debt654M---
Other Liab112.7M131.4M130.1M143.5M
Deferred Long Term Liab1.3M3M5.3M8.6M
Total Current Liabilities579.5M349M346.2M311M
Total Liab1.44B533.7M476.3M454.5M
Common Stock10.7M5.7M5.7M5.7M
Retained Earnings130.3M181.2M165.5M195.1M
Treasury Stock1.21B1.18B1.18B1.18B
Capital Surplus3.84B574.5M574.5M574.5M
Other Stockholder Equity1.21B1.19B1.19B1.18B
Total Stockholder Equity5.19B1.94B1.92B1.95B
Net Tangible Assets-372.7M134.2M45M1M

Cash Flow Statement

Cash Flow Statement history of AVEVA Group plc (LSE:AVV)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income24.8M69.8M33.8M40.5M
Depreciation56.1M51.5M31.7M18.1M
Change To Netincome-6.8M-13M-9.6M-28.1M
Change To Account Receivables-75.6M-56M-51.4M-28.4M
Change To Liabilities-7.5M4.9M69.2M28.9M
Change To Operating Activities-1M300k500k100k
Total Cash From Operating Activities58.4M122.1M136.7M62.6M
Capital Expenditures-10.9M-18.5M-7.4M-4.9M
Investments-200k500k-400k-8k
Other Cashflows From Investing Activities-81.3M-1.7M200k500k
Total Cashflows From Investing Activities-3.12B-39.9M-27.2M133M
Dividends Paid-82.4M-71.7M-66M-66M
Net Borrowings627.1M-15.5M-10M10M
Other Cashflows From Financing Activities-33.4M-3.3M-700k-123.3M
Total Cash From Financing Activities3.35B-93.6M-86M-113.3M
Effect Of Exchange Rate-109.6M-1.3M-1.9M900k
Change In Cash172.1M-12.7M21.6M83.2M
Repurchase Of Stock-1.1M-3.1M-9.3M-9.3M
Issuance Of Stock2.84B2.84B2.84B2.84B