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
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

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)

2022 2021
Total Revenue 47.6M 42.8M
Gross Profit 17.8M 15.6M
Operating Income -600k 1M
Income Before Tax -3M 900k
Net Income 1.7M 3.2M

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)

2022 2021
Cash 15.2M 6.2M
Total Assets 192.1M 203.3M
Long Term Debt 25.7M 32.9M
Total Liabilities 40.7M 55.1M
Total Shareholder Equity 151.4M 148.2M
Net Tangible Assets 54.3M 46.9M

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)

2022 2021
Net Income 1.7M 3.2M
Capital Expenditures -1.5M -1M
Dividends Paid - -
Total Cash From From Investing Activities 10.6M -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 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Total Revenue 47.6M 42.8M 56.9M 49.1M
Cost Of Revenue 29.8M 27.2M 37.8M 31.2M
Gross Profit 17.8M 15.6M 19.1M 17.9M
Research Development - - - -
Selling General Administrative 15.1M 15.4M 17M 16.8M
Non Recurring - - - -
Other Operating Expenses 3.3M -800k 2.4M 2.4M
Total Operating Expenses 48.2M 41.8M 57.2M 48M
Operating Income -600k 1M -300k 1.1M
Total Other Income Expense Net -2.4M -100k -3.5M -5.8M
Ebit -600k 1M -300k 1.1M
Interest Expense -300k -300k -700k -1M
Income Before Tax -3M 900k -3.8M -4.7M
Income Tax Expense -4.7M -600k -1.1M -500k
Minority Interest - - - -
Net Income From Continuing Ops 1.7M 1.5M -2.7M -4.2M
Discontinued Operations - 1.7M 1.7M -100k
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income 1.7M 3.2M -2.7M -4.3M
Net Income Applicable To Common Shares 1.7M 3.2M -2.7M -4.3M

Balance Sheet Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Cash 15.2M 6.2M 5.2M 1.7M
Net Receivables 8.3M 10.4M 8.6M 7.9M
Inventory 27.3M 34.5M 29.3M 29.4M
Total Current Assets 53.3M 52.9M 45.7M 41.7M
Property Plant Equipment 37.6M 49.1M 49.2M 42.7M
Intangible Assets 97.1M 101.3M 103.8M 105.6M
Other Assets 4.1M - 2M 4M
Deferred Long Term Asset Charges 12M 3.8M - -
Total Assets 192.1M 203.3M 200.7M 194M
Accounts Payable 6.6M 6.8M 6.6M 6.6M
Short Long Term Debt 1M 1M 6.3M 500k
Other Current Liab 1.3M 5.5M 4.1M 4.1M
Long Term Debt 25.7M 32.9M 31.9M 16.5M
Other Liab 300k 1.2M 1.8M 2.9M
Total Current Liabilities 10.5M 15.9M 20.6M 15.8M
Total Liab 40.7M 55.1M 58.8M 46.4M
Common Stock 202.8M 202.5M 202.3M 201M
Retained Earnings -51.6M -53.3M -56.5M -53.8M
Treasury Stock 200k -1M -3.9M 400k
Other Stockholder Equity 200k -1M -3.9M 400k
Total Stockholder Equity 151.4M 148.2M 141.9M 147.6M
Net Tangible Assets 54.3M 46.9M 38.1M 42M

Cash Flow Statement

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

31 Mar 2022 31 Mar 2021 31 Mar 2020 31 Mar 2019
Net Income 1.7M 3.2M -2.7M -4.3M
Depreciation 10.1M 10.2M 9.5M 8.7M
Change To Netincome -8.5M 3.5M 1.4M 800k
Change To Account Receivables 1.4M -1.7M -1.4M -1.4M
Change To Liabilities -4.4M - -1.5M 4M
Change To Inventory 7.2M -5.3M -500k -3.7M
Total Cash From Operating Activities 7.5M 9.9M 4.8M 4.1M
Capital Expenditures -1.5M -1M -5.3M -2.7M
Other Cashflows From Investing Activities 15.2M 15.2M 15.2M 2.4M
Total Cashflows From Investing Activities 10.6M -4.7M -9.3M -14.2M
Net Borrowings -7.8M -5.2M 7.9M -9.9M
Other Cashflows From Financing Activities -1.7M -2M -2.5M -2.1M
Total Cash From Financing Activities -9.5M -7.2M 5.4M -12M
Effect Of Exchange Rate 400k 300k -200k 300k
Change In Cash 9M -1.7M 700k -21.8M
Dividends Paid - - - -