BLIS Technologies Limited (NZX:BLT) Annual Report 2022



The latest annual report of BLIS Technologies Limited (BLT) 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 - BLT Annual Results

Amounts in NZD

Total Revenue
9.4M
Gross Profit
7.47M
EBIT
-2.71M
Net Tangible Assets
11.61M
Net Income
-2.71M
Capital Expenditures
-213k

BLT Income Statement 2022 Annual Report

As per the latest Income Statement of BLT, the Net revenue decreased by $-1.42M (-13%) compared to the previous period. The operating income in 2022 decreased by $-3.28M (-578%). The net income as per the annual report was -2.71M which decreased by $-3.27M (-580%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue9.4M10.82M
Gross Profit7.47M8.94M
Operating Income-2.71M568k
Income Before Tax-2.71M564k
Net Income-2.71M564k

Balance Sheet - BLT 2022 Annual Report

Read further: BLT Balance Sheet Detailed Analysis

The latest balance sheet from annual result of BLIS Technologies Limited showed the company increased the cash on balance sheet by $1.03M (69%). The Net tangible assets of BLT on the balance sheet were at 11.61M which is $6.61M (132%) more than previous annual report. The total stockholder equity also increased by $6.49M (115%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash2.52M1.49M
Total Assets14.14M 7.81M
Long Term Debt-37k
Total Liabilities1.99M 2.14M
Total Shareholder Equity12.15M5.66M
Net Tangible Assets11.61M5M

Cash Flow Statement - BLT 2022 Annual Report

The 2022 annual cash flow statement of BLIS Technologies Limited showed that the net income decreased by $-3.27M (-580%) compared to previous reporting period. Also the capital expenditure of BLT decreased by $-117000 (-122%).

As of 2022, the total cash from investing activities was -262k and total cash from financing activities was 8.92M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income-2.71M564k
Capital Expenditures-213k-96k
Dividends Paid--
Total Cash From From Investing Activities-262k-1.48M
Total Cash From From Financing Activities8.92M-139k

BLIS Technologies Limited Annual Report History

Income Statement

Income Statement history of BLIS Technologies Limited (NZX:BLT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue9.4M10.82M10.83M8.4M
Cost Of Revenue1.93M1.88M2.23M2.31M
Gross Profit7.47M8.94M8.6M6.09M
Research Development----
Selling General Administrative10.19M8.37M7M5.7M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses12.12M10.25M9.23M8M
Operating Income-2.71M568k1.61M397k
Total Other Income Expense Net8k-4k-4k-16k
Ebit-2.71M568k1.61M397k
Interest Expense-45k-26k-30k-22k
Income Before Tax-2.71M564k1.6M381k
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-2.71M564k1.6M381k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-2.71M564k1.6M381k
Net Income Applicable To Common Shares-2.71M564k1.6M381k

Balance Sheet Statement

Balance Sheet Statement history of BLIS Technologies Limited (NZX:BLT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash2.52M1.49M1.61M924k
Short Term Investments6M700k1.6M-
Net Receivables1.75M1.57M1.57M2.37M
Inventory782k1M685k371k
Other Current Assets101k75k75k79k
Total Current Assets11.45M5.15M5.75M3.97M
Property Plant Equipment1.24M949k908k669k
Intangible Assets538k657k371k449k
Other Assets917k1.05M33k117k
Total Assets14.14M7.81M7.06M5.2M
Accounts Payable1.05M1.25M1.22M674k
Short Long Term Debt35k46k43k700k
Deferred Long Term Liab917k1.05M33k117k
Total Current Liabilities1.48M1.81M1.64M1.65M
Total Liab1.99M2.14M2M1.78M
Common Stock46.65M37.47M37.42M37.38M
Retained Earnings-34.54M-31.83M-32.39M-34M
Treasury Stock37k23k26k37k
Other Stockholder Equity37k23k26k37k
Total Stockholder Equity12.15M5.66M5.06M3.42M
Net Tangible Assets11.61M5M4.68M2.97M
Long Term Debt-37k85k129k

Cash Flow Statement

Cash Flow Statement history of BLIS Technologies Limited (NZX:BLT)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income-2.71M564k1.6M381k
Depreciation430k357k386k333k
Change To Netincome22k26k25k-11k
Change To Account Receivables-179k2k797k-1.68M
Change To Liabilities-311k29k569k362k
Change To Inventory222k-319k-308k-28k
Change To Operating Activities10k-106k18k-132k
Total Cash From Operating Activities-2.31M589k3.2M-583k
Capital Expenditures-213k-96k-73k-75k
Total Cashflows From Investing Activities-262k-1.48M-167k-130k
Net Borrowings-246k-172k-773k539k
Other Cashflows From Financing Activities-54k-54k-54k-54k
Total Cash From Financing Activities8.92M-139k-740k572k
Effect Of Exchange Rate-22k6k6k6k
Change In Cash6.33M-1.03M2.29M-135k
Issuance Of Stock9.22M33k33k33k
Dividends Paid----