Asset Plus Limited (NZX:APL) Annual Report 2021



The latest annual report of Asset Plus Limited (APL) 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 - APL Annual Results

Amounts in NZD

Total Revenue
13.9M
Gross Profit
9.16M
EBIT
8.22M
Net Tangible Assets
162.36M
Net Income
15.95M
Capital Expenditures
-

APL Income Statement 2021 Annual Report

As per the latest Income Statement of APL, the Net revenue decreased by $-1.05M (-7%) compared to the previous period. The operating income in 2021 decreased by $-1.10M (-12%). The net income as per the annual report was 15.95M which increased by $30.64M (209%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue13.9M14.95M
Gross Profit9.16M10.13M
Operating Income8.22M9.31M
Income Before Tax15.93M-13.19M
Net Income15.95M-14.69M

Balance Sheet - APL 2021 Annual Report

Read further: APL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Asset Plus Limited showed the company increased the cash on balance sheet by $3.01M (3072%). The Net tangible assets of APL on the balance sheet were at 162.36M which is $70.57M (77%) more than previous annual report. The total stockholder equity also increased by $70.57M (77%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash3.11M98k
Total Assets178.97M 145.08M
Long Term Debt9.4M49.25M
Total Liabilities16.61M 53.28M
Total Shareholder Equity162.36M91.8M
Net Tangible Assets162.36M91.8M

Cash Flow Statement - APL 2021 Annual Report

The 2021 annual cash flow statement of Asset Plus Limited showed that the net income increased by $30.64M (209%) compared to previous reporting period. Also the capital expenditure of APL increased by $NaN (NaN%).

As of 2021, the total cash from investing activities was -15.88M and total cash from financing activities was 13.93M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income15.95M-14.69M
Capital Expenditures--
Dividends Paid-4.02M-5.84M
Total Cash From From Investing Activities-15.88M-39.27M
Total Cash From From Financing Activities13.93M32.65M

Asset Plus Limited Annual Report History

Income Statement

Income Statement history of Asset Plus Limited (NZX:APL)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue13.9M14.95M13.35M16.7M
Cost Of Revenue4.74M4.82M4.2M5.01M
Gross Profit9.16M10.13M9.15M11.69M
Research Development----
Selling General Administrative948k820k1.77M2.21M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses5.68M5.64M5.96M7.22M
Operating Income8.22M9.31M7.38M9.48M
Total Other Income Expense Net7.71M-22.51M-3.87M-5.6M
Ebit8.22M9.31M7.38M9.48M
Interest Expense-744k-1.67M-967k-2.78M
Income Before Tax15.93M-13.19M3.52M3.88M
Income Tax Expense-22k1.5M-284k786k
Minority Interest----
Net Income From Continuing Ops15.95M-14.69M3.8M3.1M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income15.95M-14.69M3.8M3.1M
Net Income Applicable To Common Shares15.95M-14.69M3.8M3.1M

Balance Sheet Statement

Balance Sheet Statement history of Asset Plus Limited (NZX:APL)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash3.11M98k781k472k
Net Receivables2.29M1.19M2.24M339k
Other Current Assets42.9M230k28.9M44.15M
Total Current Assets48.3M1.52M31.92M44.97M
Property Plant Equipment130.23M143.56M94.14M124.64M
Other Assets439k---
Total Assets178.97M145.08M126.07M169.6M
Accounts Payable196k158k127k593k
Other Current Liab3.04M1.5M388k5.4M
Long Term Debt9.4M49.25M10.5M45.34M
Other Liab204k1.35M1.87M2.53M
Total Current Liabilities7.01M2.69M1.38M7.39M
Total Liab16.61M53.28M13.75M55.26M
Common Stock192.73M134.09M134.09M134.09M
Retained Earnings-30.36M-42.29M-21.77M-19.75M
Total Stockholder Equity162.36M91.8M112.31M114.34M
Net Tangible Assets162.36M91.8M112.31M114.34M

Cash Flow Statement

Cash Flow Statement history of Asset Plus Limited (NZX:APL)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income15.95M-14.69M3.8M3.1M
Change To Netincome-10.01M18.55M2.23M1.61M
Change To Account Receivables-965k806k-128k868k
Change To Liabilities-161k-734k-1.25M367k
Change To Operating Activities-117k-117k-117k-117k
Total Cash From Operating Activities4.96M5.93M3.78M6.46M
Investments-92k-92k-92k-92k
Total Cashflows From Investing Activities-15.88M-39.27M37.16M11.81M
Dividends Paid-4.02M-5.84M-5.83M-5.83M
Net Borrowings-39.85M38.75M-34M-14M
Other Cashflows From Financing Activities-2.44M-266k-798k-798k
Total Cash From Financing Activities13.93M32.65M-40.63M-19.83M
Change In Cash3.01M-683k309k-1.56M
Issuance Of Stock60.24M60.24M60.24M60.24M
Capital Expenditures----