Gentrack Group Limited (NZX:GTK) Annual Report 2021

The latest annual report of Gentrack Group Limited (GTK) was published on 30 Sep 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 - GTK Annual Results

^{Amounts in NZD}

Total Revenue

105.72M

Gross Profit

13.92M

EBIT

1.86M

Net Tangible Assets

17.98M

Net Income

3.19M

Capital Expenditures

-663k

GTK Income Statement 2021 Annual Report

As per the latest Income Statement of GTK, the Net revenue increased by $5.19M (5%) compared to the previous period. The operating income in 2021 increased by $2.12M (814%). The net income as per the annual report was 3.19M which increased by $34.90M (110%) compared to previous year.

Income Statement Report (2021/2020)

	2021	2020
Total Revenue	105.72M	100.53M
Gross Profit	13.92M	12.99M
Operating Income	1.86M	-261k
Income Before Tax	5.56M	-34.27M
Net Income	3.19M	-31.71M

Balance Sheet - GTK 2021 Annual Report

Read further: GTK Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Gentrack Group Limited showed the company increased the cash on balance sheet by $6.64M (34%). The Net tangible assets of GTK on the balance sheet were at 17.98M which is $9.51M (112%) more than previous annual report. The total stockholder equity also increased by $1.95M (1%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

	2021	2020
Cash	25.96M	19.32M
Total Assets	208.83M	208.66M
Long Term Debt	-	-
Total Liabilities	46.39M	48.17M
Total Shareholder Equity	162.44M	160.49M
Net Tangible Assets	17.98M	8.47M

Cash Flow Statement - GTK 2021 Annual Report

The 2021 annual cash flow statement of Gentrack Group Limited showed that the net income increased by $34.90M (110%) compared to previous reporting period. Also the capital expenditure of GTK decreased by $-339000 (-105%).

As of 2021, the total cash from investing activities was -663k and total cash from financing activities was -5.42M.

Cash Flow Statement Report (2021/2020)

	2021	2020
Net Income	3.19M	-31.71M
Capital Expenditures	-663k	-324k
Dividends Paid	-	-3M
Total Cash From From Investing Activities	-663k	-3.07M
Total Cash From From Financing Activities	-5.42M	-7.74M

Gentrack Group Limited Annual Report History

Income Statement

Income Statement history of Gentrack Group Limited (NZX:GTK)

	30 Sep 2021	30 Sep 2020	30 Sep 2019	30 Sep 2018
Total Revenue	105.72M	100.53M	111.68M	104.48M
Cost Of Revenue	91.81M	87.54M	85.3M	71.98M
Gross Profit	13.92M	12.99M	26.38M	32.5M
Research Development	-	-	-	-
Selling General Administrative	1.19M	898k	1.56M	1.54M
Non Recurring	-	-	-	-
Other Operating Expenses	-	-	-	-
Total Operating Expenses	103.86M	100.79M	96.31M	80.51M
Operating Income	1.86M	-261k	15.37M	23.97M
Total Other Income Expense Net	3.7M	-34.01M	-14.93M	-3.24M
Ebit	1.86M	-261k	15.37M	23.97M
Interest Expense	-1.02M	-1.32M	-744k	-1.25M
Income Before Tax	5.56M	-34.27M	443k	20.73M
Income Tax Expense	2.38M	-2.56M	3.76M	6.86M
Minority Interest	-	-	-	-
Net Income From Continuing Ops	3.19M	-31.71M	-3.31M	13.87M
Discontinued Operations	-	-	-	-
Extraordinary Items	-	-	-	-
Effect Of Accounting Charges	-	-	-	-
Other Items	-	-	-	-
Net Income	3.19M	-31.71M	-3.31M	13.87M
Net Income Applicable To Common Shares	3.19M	-31.71M	-3.31M	13.87M

Balance Sheet Statement

Balance Sheet Statement history of Gentrack Group Limited (NZX:GTK)

	30 Sep 2021	30 Sep 2020	30 Sep 2019	30 Sep 2018
Cash	25.96M	19.32M	8.63M	11.4M
Net Receivables	21.81M	19.1M	31.28M	24.05M
Inventory	362k	464k	572k	376k
Total Current Assets	48.13M	38.89M	40.48M	35.83M
Property Plant Equipment	10.85M	13.1M	3.45M	3.84M
Good Will	106.77M	106.6M	134.43M	146.19M
Intangible Assets	37.7M	45.43M	60.48M	68.19M
Other Assets	5.39M	4.65M	2.79M	3.63M
Deferred Long Term Asset Charges	5.39M	4.65M	2.79M	3.63M
Total Assets	208.83M	208.66M	241.64M	257.67M
Accounts Payable	1.93M	1.8M	3.74M	5.1M
Other Current Liab	14.02M	12.42M	16.68M	11.78M
Other Liab	3.84M	5.42M	10.8M	17.41M
Total Current Liabilities	31.37M	30.31M	32.78M	23.84M
Total Liab	46.39M	48.17M	44.03M	41.24M
Common Stock	191.7M	191.23M	191.23M	190.97M
Retained Earnings	-34.94M	-38.22M	-1.67M	15.55M
Treasury Stock	5.68M	7.48M	8.05M	9.91M
Other Stockholder Equity	5.68M	7.48M	8.05M	9.91M
Total Stockholder Equity	162.44M	160.49M	197.61M	216.43M
Net Tangible Assets	17.98M	8.47M	2.69M	2.05M
Long Term Debt	-	-	450k	-

Cash Flow Statement

Cash Flow Statement history of Gentrack Group Limited (NZX:GTK)

	30 Sep 2021	30 Sep 2020	30 Sep 2019	30 Sep 2018
Net Income	3.19M	-31.71M	-3.31M	13.87M
Depreciation	5.65M	5.93M	3.63M	2.8M
Change To Netincome	-3.54M	31.08M	14.49M	-42k
Change To Account Receivables	-3.17M	10.85M	-9.72M	278k
Change To Liabilities	1.27M	-184k	2.33M	847k
Change To Operating Activities	2.89M	2.18M	1.55M	-1.1M
Total Cash From Operating Activities	12.95M	21.97M	12.79M	22.25M
Capital Expenditures	-663k	-324k	-640k	-2.29M
Total Cashflows From Investing Activities	-663k	-3.07M	-6.29M	-49.09M
Net Borrowings	-5.24M	-4.36M	4.44M	-46.83M
Other Cashflows From Financing Activities	-176k	-375k	-679k	-3.65M
Total Cash From Financing Activities	-5.42M	-7.74M	-9.7M	28.3M
Effect Of Exchange Rate	-228k	-457k	431k	205k
Change In Cash	6.64M	10.7M	-2.77M	1.67M
Dividends Paid	-	-3M	-13.46M	-11.3M