ArborGen Holdings Limited (NZX:ARB) Annual Report 2021



The latest annual report of ArborGen Holdings Limited (ARB) 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 - ARB Annual Results

Amounts in USD

Total Revenue
52.7M
Gross Profit
18.1M
EBIT
2.6M
Net Tangible Assets
46.9M
Net Income
3.2M
Capital Expenditures
-1M

ARB Income Statement 2021 Annual Report

As per the latest Income Statement of ARB, the Net revenue decreased by $-4.20M (-7%) compared to the previous period. The operating income in 2021 increased by $2.90M (967%). The net income as per the annual report was 3.2M which increased by $5.90M (219%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue52.7M56.9M
Gross Profit18.1M19.1M
Operating Income2.6M-300k
Income Before Tax2.6M-3.8M
Net Income3.2M-2.7M

Balance Sheet - ARB 2021 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 $1.00M (19%). The Net tangible assets of ARB on the balance sheet were at 46.9M which is $8.80M (23%) more than previous annual report. The total stockholder equity also increased by $6.30M (4%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash6.2M5.2M
Total Assets203.3M 200.7M
Long Term Debt32.9M31.9M
Total Liabilities55.1M 58.8M
Total Shareholder Equity148.2M141.9M
Net Tangible Assets46.9M38.1M

Cash Flow Statement - ARB 2021 Annual Report

The 2021 annual cash flow statement of ArborGen Holdings Limited showed that the net income increased by $5.90M (219%) compared to previous reporting period. Also the capital expenditure of ARB increased by $4.30M (81%).

As of 2021, the total cash from investing activities was -4.7M and total cash from financing activities was -7.2M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income3.2M-2.7M
Capital Expenditures-1M-5.3M
Dividends Paid--
Total Cash From From Investing Activities-4.7M-9.3M
Total Cash From From Financing Activities-7.2M5.4M

ArborGen Holdings Limited Annual Report History

Income Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue52.7M56.9M49.1M70M
Cost Of Revenue34.6M37.8M31.2M46M
Gross Profit18.1M19.1M17.9M24M
Research Development----
Selling General Administrative16.3M17M16.8M18M
Non Recurring----
Other Operating Expenses-800k2.4M2.4M2.4M
Total Operating Expenses50.1M57.2M48M64M
Operating Income2.6M-300k1.1M6M
Total Other Income Expense Net--3.5M-5.8M-6M
Ebit2.6M-300k1.1M6M
Interest Expense-300k-700k-1M-2M
Income Before Tax2.6M-3.8M-4.7M-4.7M
Income Tax Expense-600k-1.1M-500k-4M
Minority Interest----
Net Income From Continuing Ops3.2M-2.7M-4.2M4M
Discontinued Operations---100k-100k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income3.2M-2.7M-4.3M4M
Net Income Applicable To Common Shares3.2M-2.7M-4.3M4M

Balance Sheet Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash6.2M5.2M1.7M23M
Net Receivables10.4M8.6M7.9M9M
Inventory34.5M29.3M29.4M25M
Total Current Assets52.9M45.7M41.7M64M
Property Plant Equipment49.1M49.2M42.7M44M
Intangible Assets101.3M103.8M105.6M107M
Total Assets203.3M200.7M194M215M
Accounts Payable6.8M6.6M6.6M4M
Short Long Term Debt1M6.3M500k15M
Other Current Liab5.5M4.1M4.1M12M
Long Term Debt32.9M31.9M16.5M11M
Other Liab1.2M1.8M2.9M4M
Total Current Liabilities15.9M20.6M15.8M36M
Total Liab55.1M58.8M46.4M63M
Common Stock202.5M202.3M201M201M
Retained Earnings-53.3M-56.5M-53.8M-49M
Treasury Stock-1M-3.9M400k-
Other Stockholder Equity-1M-3.9M400k-
Total Stockholder Equity148.2M141.9M147.6M152M
Net Tangible Assets46.9M38.1M42M45M

Cash Flow Statement

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

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income3.2M-2.7M-4.3M4M
Depreciation10.2M9.5M8.7M8M
Change To Netincome3.5M1.4M800k6M
Change To Account Receivables-1.7M-1.4M-1.4M-8M
Change To Liabilities--1.5M4M-4M
Change To Inventory-5.3M-500k-3.7M2M
Total Cash From Operating Activities9.9M4.8M4.1M8M
Capital Expenditures-1M-5.3M-2.7M-2.7M
Total Cashflows From Investing Activities-4.7M-9.3M-14.2M-2M
Net Borrowings-5.2M7.9M-9.9M-4M
Other Cashflows From Financing Activities-2M-2.5M-2.1M-6M
Total Cash From Financing Activities-7.2M5.4M-12M-10M
Effect Of Exchange Rate300k-200k300k300k
Change In Cash-1.7M700k-21.8M-4M
Dividends Paid----