Geo Limited (NZX:GEO) Annual Report 2021



The latest annual report of Geo Limited (GEO) was published on 30 Jun 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 - GEO Annual Results

Amounts in NZD

Total Revenue
3.07M
Gross Profit
3.07M
EBIT
-2.08M
Net Tangible Assets
-1.21M
Net Income
-1.79M
Capital Expenditures
-6k

GEO Income Statement 2021 Annual Report

As per the latest Income Statement of GEO, the Net revenue decreased by $-243000 (-7%) compared to the previous period. The operating income in 2021 increased by $269000 (11%). The net income as per the annual report was -1.79M which increased by $264000 (13%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue3.07M3.32M
Gross Profit3.07M3.32M
Operating Income-2.08M-2.35M
Income Before Tax-1.98M-2.18M
Net Income-1.79M-2.05M

Balance Sheet - GEO 2021 Annual Report

Read further: GEO Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Geo Limited showed the company increased the cash on balance sheet by $614000 (196%). The Net tangible assets of GEO on the balance sheet were at -1.21M which is $301000 (20%) more than previous annual report. The total stockholder equity also increased by $334000 (69%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash927k313k
Total Assets3.73M 3.48M
Long Term Debt1.26M1M
Total Liabilities2.92M 3M
Total Shareholder Equity818k484k
Net Tangible Assets-1.21M-1.51M

Cash Flow Statement - GEO 2021 Annual Report

The 2021 annual cash flow statement of Geo Limited showed that the net income increased by $264000 (13%) compared to previous reporting period. Also the capital expenditure of GEO decreased by $-2000 (-50%).

As of 2021, the total cash from investing activities was -640k and total cash from financing activities was 1.89M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-1.79M-2.05M
Capital Expenditures-6k-4k
Dividends Paid--
Total Cash From From Investing Activities-640k-998k
Total Cash From From Financing Activities1.89M985k

Geo Limited Annual Report History

Income Statement

Income Statement history of Geo Limited (NZX:GEO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue3.07M3.32M4.97M4.21M
Cost Of Revenue----
Gross Profit3.07M3.32M4.97M4.21M
Research Development1.18M1.3M2.01M2.21M
Selling General Administrative3.48M4.1M4.95M4.96M
Non Recurring----
Other Operating Expenses-424k-545k-581k-922k
Total Operating Expenses5.15M5.67M7.32M7.38M
Operating Income-2.08M-2.35M-2.34M-3.17M
Total Other Income Expense Net96k171k-3.15M-5.51M
Ebit-2.08M-2.35M-2.34M-3.17M
Interest Expense-103k-48k-48k-48k
Income Before Tax-1.98M-2.18M-5.5M-8.69M
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-1.98M-2.18M-5.5M-8.69M
Discontinued Operations193k123k123k123k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-1.79M-2.05M-5.5M-8.69M
Net Income Applicable To Common Shares-1.79M-2.05M-5.5M-8.69M

Balance Sheet Statement

Balance Sheet Statement history of Geo Limited (NZX:GEO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash927k313k1.02M2M
Net Receivables416k684k943k1.28M
Total Current Assets1.43M1.12M2.14M3.49M
Property Plant Equipment225k336k37k86k
Intangible Assets2.03M1.99M1.69M4.72M
Other Assets50k30k58k31k
Total Assets3.73M3.48M3.92M8.32M
Accounts Payable53k290k140k469k
Other Current Liab696k827k762k625k
Long Term Debt1.26M1M--
Other Liab19k14k12k11k
Total Current Liabilities1.52M1.75M1.49M4.64M
Total Liab2.92M3M1.5M4.65M
Common Stock34.81M32.87M32.81M28.72M
Retained Earnings-34.81M-33.02M-30.97M-25.47M
Treasury Stock821k632k586k430k
Other Stockholder Equity821k632k586k430k
Total Stockholder Equity818k484k2.43M3.68M
Net Tangible Assets-1.21M-1.51M737k-1.04M

Cash Flow Statement

Cash Flow Statement history of Geo Limited (NZX:GEO)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income-1.79M-2.05M-5.5M-8.69M
Depreciation138k149k33k38k
Change To Netincome262k163k3.25M5.34M
Change To Account Receivables-277k334k182k-511k
Change To Liabilities249k310k-94k539k
Total Cash From Operating Activities-641k-439k-1.22M-2.18M
Capital Expenditures-6k-4k-35k-38k
Investments10k-2k-27k69k
Other Cashflows From Investing Activities180k180k180k200k
Total Cashflows From Investing Activities-640k-998k-1.2M-371k
Net Borrowings175k1.06M-357k1.5M
Other Cashflows From Financing Activities-288k-21k-101k-214k
Total Cash From Financing Activities1.89M985k1.18M3.69M
Effect Of Exchange Rate3k-259k270k270k
Change In Cash614k-711k-971k1.13M
Issuance Of Stock2M2M1.63M2.4M
Dividends Paid----