Geo Limited (NZX:GEO) Annual Report 2022

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

Amounts in NZD

Total Revenue
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

GEO Income Statement 2022 Annual Report

As per the latest Income Statement of GEO, the Net revenue increased by $39000 (1%) compared to the previous period. The operating income in 2022 decreased by $-1.02M (-49%). The net income as per the annual report was -3.18M which decreased by $-1.39M (-78%) compared to previous year.

Income Statement Report (2022/2021)

2022 2021
Total Revenue 3.11M 3.07M
Gross Profit 3.11M 3.07M
Operating Income -3.1M -2.08M
Income Before Tax -3.18M -1.98M
Net Income -3.18M -1.79M

Balance Sheet - GEO 2022 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 $1.86M (201%). The Net tangible assets of GEO on the balance sheet were at 1.97M which is $3.18M (263%) more than previous annual report. The total stockholder equity also increased by $3.40M (415%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

2022 2021
Cash 2.79M 927k
Total Assets 7.11M 3.73M
Long Term Debt - 1.26M
Total Liabilities 2.9M 2.92M
Total Shareholder Equity 4.21M 818k
Net Tangible Assets 1.97M -1.21M

Cash Flow Statement - GEO 2022 Annual Report

The 2022 annual cash flow statement of Geo Limited showed that the net income decreased by $-1.39M (-78%) compared to previous reporting period. Also the capital expenditure of GEO decreased by $-23000 (-383%).

As of 2022, the total cash from investing activities was -2.35M and total cash from financing activities was 6.42M.

Cash Flow Statement Report (2022/2021)

2022 2021
Net Income -3.18M -1.79M
Capital Expenditures -29k -6k
Dividends Paid - -
Total Cash From From Investing Activities -2.35M -611k
Total Cash From From Financing Activities 6.42M 1.89M

Geo Limited Annual Report History

Income Statement

Income Statement history of Geo Limited (NZX:GEO)

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Total Revenue 3.11M 3.07M 3.32M 4.97M
Cost Of Revenue - - - -
Gross Profit 3.11M 3.07M 3.32M 4.97M
Research Development 1.23M 1.18M 1.3M 2.01M
Selling General Administrative 2.12M 1.13M 4.1M 4.95M
Non Recurring - - - -
Other Operating Expenses 1.79M 1.93M -545k -581k
Total Operating Expenses 6.21M 5.15M 5.67M 7.32M
Operating Income -3.1M -2.08M -2.35M -2.34M
Total Other Income Expense Net -81k 96k 171k -3.15M
Ebit -3.1M -2.08M -2.35M -2.34M
Interest Expense -100k -103k -48k -48k
Income Before Tax -3.18M -1.98M -2.18M -5.5M
Income Tax Expense - - - -
Minority Interest - - - -
Net Income From Continuing Ops -3.18M -1.98M -2.18M -5.5M
Discontinued Operations - 193k 123k 123k
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income -3.18M -1.79M -2.05M -5.5M
Net Income Applicable To Common Shares -3.18M -1.79M -2.05M -5.5M

Balance Sheet Statement

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

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Cash 2.79M 927k 313k 1.02M
Short Term Investments 1.26M - - -
Net Receivables 472k 416k 684k 943k
Other Current Assets 2k - 30k -
Total Current Assets 4.68M 1.43M 1.12M 2.14M
Property Plant Equipment 136k 225k 336k 37k
Intangible Assets 2.24M 2.03M 1.99M 1.69M
Other Assets 52k 50k 30k 58k
Total Assets 7.11M 3.73M 3.48M 3.92M
Accounts Payable 150k 53k 290k 140k
Short Long Term Debt 1.26M - - -
Other Current Liab 637k 696k 827k 762k
Other Liab 23k 19k 14k 12k
Total Current Liabilities 2.88M 1.52M 1.75M 1.49M
Total Liab 2.9M 2.92M 3M 1.5M
Common Stock 41.67M 34.81M 32.87M 32.81M
Retained Earnings -37.99M -34.81M -33.02M -30.97M
Treasury Stock 536k 821k 632k 586k
Other Stockholder Equity 536k 821k 632k 586k
Total Stockholder Equity 4.21M 818k 484k 2.43M
Net Tangible Assets 1.97M -1.21M -1.51M 737k
Long Term Debt - 1.26M 1M -

Cash Flow Statement

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

30 Jun 2022 30 Jun 2021 30 Jun 2020 30 Jun 2019
Net Income -3.18M -1.79M -2.05M -5.5M
Depreciation 168k 138k 149k 33k
Change To Netincome 421k 233k 163k 3.25M
Change To Account Receivables 131k -277k 334k 182k
Change To Liabilities -92k 249k 310k -94k
Total Cash From Operating Activities -1.65M -670k -439k -1.22M
Capital Expenditures -29k -6k -4k -35k
Investments -1.26M 10k -2k -27k
Other Cashflows From Investing Activities -2k 180k 180k 180k
Total Cashflows From Investing Activities -2.35M -611k -998k -1.2M
Net Borrowings -120k 175k 1.06M -357k
Other Cashflows From Financing Activities -484k -288k -21k -101k
Total Cash From Financing Activities 6.42M 1.89M 985k 1.18M
Effect Of Exchange Rate -559k 3k -259k 270k
Change In Cash 1.86M 614k -711k -971k
Issuance Of Stock 7.02M 2M 2M 1.63M
Dividends Paid - - - -