ArborGen Holdings Limited (NZX:ARB) Annual Report 2022



The latest annual report of ArborGen Holdings Limited (ARB) was published on 31 Mar 2022. 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 - ARB Annual Results

Amounts in USD

Total Revenue
47.6M
Gross Profit
17.8M
EBIT
-600k
Net Tangible Assets
54.3M
Net Income
1.7M
Capital Expenditures
-1.5M

ARB Income Statement 2022 Annual Report

As per the latest Income Statement of ARB, the Net revenue increased by $4.80M (11%) compared to the previous period. The operating income in 2022 decreased by $-1.60M (-160%). The net income as per the annual report was 1.7M which decreased by $-1.50M (-47%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue47.6M42.8M
Gross Profit17.8M15.6M
Operating Income-600k1M
Income Before Tax-3M900k
Net Income1.7M3.2M

Balance Sheet - ARB 2022 Annual Report

Read further: ARB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of ArborGen Holdings Limited showed the company increased the cash on balance sheet by $9.00M (145%). The Net tangible assets of ARB on the balance sheet were at 54.3M which is $7.40M (16%) more than previous annual report. The total stockholder equity also increased by $3.20M (2%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash15.2M6.2M
Total Assets192.1M 203.3M
Long Term Debt25.7M32.9M
Total Liabilities40.7M 55.1M
Total Shareholder Equity151.4M148.2M
Net Tangible Assets54.3M46.9M

Cash Flow Statement - ARB 2022 Annual Report

The 2022 annual cash flow statement of ArborGen Holdings Limited showed that the net income decreased by $-1.50M (-47%) compared to previous reporting period. Also the capital expenditure of ARB decreased by $-500000 (-50%).

As of 2022, the total cash from investing activities was 10.6M and total cash from financing activities was -9.5M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income1.7M3.2M
Capital Expenditures-1.5M-1M
Dividends Paid--
Total Cash From From Investing Activities10.6M-4.7M
Total Cash From From Financing Activities-9.5M-7.2M

ArborGen Holdings Limited Annual Report History

Income Statement

Income Statement history of ArborGen Holdings Limited (NZX:ARB)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue47.6M42.8M56.9M49.1M
Cost Of Revenue29.8M27.2M37.8M31.2M
Gross Profit17.8M15.6M19.1M17.9M
Research Development----
Selling General Administrative15.1M15.4M17M16.8M
Non Recurring----
Other Operating Expenses3.3M-800k2.4M2.4M
Total Operating Expenses48.2M41.8M57.2M48M
Operating Income-600k1M-300k1.1M
Total Other Income Expense Net-2.4M-100k-3.5M-5.8M
Ebit-600k1M-300k1.1M
Interest Expense-300k-300k-700k-1M
Income Before Tax-3M900k-3.8M-4.7M
Income Tax Expense-4.7M-600k-1.1M-500k
Minority Interest----
Net Income From Continuing Ops1.7M1.5M-2.7M-4.2M
Discontinued Operations-1.7M1.7M-100k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income1.7M3.2M-2.7M-4.3M
Net Income Applicable To Common Shares1.7M3.2M-2.7M-4.3M

Balance Sheet Statement

Balance Sheet Statement history of ArborGen Holdings Limited (NZX:ARB)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash15.2M6.2M5.2M1.7M
Net Receivables8.3M10.4M8.6M7.9M
Inventory27.3M34.5M29.3M29.4M
Total Current Assets53.3M52.9M45.7M41.7M
Property Plant Equipment37.6M49.1M49.2M42.7M
Intangible Assets97.1M101.3M103.8M105.6M
Other Assets4.1M-2M4M
Deferred Long Term Asset Charges12M3.8M--
Total Assets192.1M203.3M200.7M194M
Accounts Payable6.6M6.8M6.6M6.6M
Short Long Term Debt1M1M6.3M500k
Other Current Liab1.3M5.5M4.1M4.1M
Long Term Debt25.7M32.9M31.9M16.5M
Other Liab300k1.2M1.8M2.9M
Total Current Liabilities10.5M15.9M20.6M15.8M
Total Liab40.7M55.1M58.8M46.4M
Common Stock202.8M202.5M202.3M201M
Retained Earnings-51.6M-53.3M-56.5M-53.8M
Treasury Stock200k-1M-3.9M400k
Other Stockholder Equity200k-1M-3.9M400k
Total Stockholder Equity151.4M148.2M141.9M147.6M
Net Tangible Assets54.3M46.9M38.1M42M

Cash Flow Statement

Cash Flow Statement history of ArborGen Holdings Limited (NZX:ARB)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income1.7M3.2M-2.7M-4.3M
Depreciation10.1M10.2M9.5M8.7M
Change To Netincome-8.5M3.5M1.4M800k
Change To Account Receivables1.4M-1.7M-1.4M-1.4M
Change To Liabilities-4.4M--1.5M4M
Change To Inventory7.2M-5.3M-500k-3.7M
Total Cash From Operating Activities7.5M9.9M4.8M4.1M
Capital Expenditures-1.5M-1M-5.3M-2.7M
Other Cashflows From Investing Activities15.2M15.2M15.2M2.4M
Total Cashflows From Investing Activities10.6M-4.7M-9.3M-14.2M
Net Borrowings-7.8M-5.2M7.9M-9.9M
Other Cashflows From Financing Activities-1.7M-2M-2.5M-2.1M
Total Cash From Financing Activities-9.5M-7.2M5.4M-12M
Effect Of Exchange Rate400k300k-200k300k
Change In Cash9M-1.7M700k-21.8M
Dividends Paid----