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
Gross Profit
Net Tangible Assets
Net Income
Capital Expenditures

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