Harmoney Corp Limited (NZX:HMY) Annual Report 2021



The latest annual report of Harmoney Corp Limited (HMY) 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 - HMY Annual Results

Amounts in NZD

Total Revenue
15.52M
Gross Profit
11.51M
EBIT
-
Net Tangible Assets
72.24M
Net Income
-27.03M
Capital Expenditures
-3.69M

HMY Income Statement 2021 Annual Report

As per the latest Income Statement of HMY, the Net revenue decreased by $-1.24M (-7%) compared to the previous period. The operating income in 2021 decreased by $-13.41M (-83%). The net income as per the annual report was -27.03M which decreased by $-14.74M (-120%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue15.52M16.76M
Gross Profit11.51M13.41M
Operating Income-29.63M-16.22M
Income Before Tax-29.32M-15.99M
Net Income-27.03M-12.3M

Balance Sheet - HMY 2021 Annual Report

Read further: HMY Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Harmoney Corp Limited showed the company increased the cash on balance sheet by $41.69M (120%). The Net tangible assets of HMY on the balance sheet were at 72.24M which is $43.35M (150%) more than previous annual report. The total stockholder equity also increased by $46.81M (162%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash76.46M34.78M
Total Assets388.77M 180.22M
Long Term Debt291.54M132.63M
Total Liabilities313.07M 151.34M
Total Shareholder Equity75.69M28.89M
Net Tangible Assets72.24M28.89M

Cash Flow Statement - HMY 2021 Annual Report

The 2021 annual cash flow statement of Harmoney Corp Limited showed that the net income decreased by $-14.74M (-120%) compared to previous reporting period. Also the capital expenditure of HMY decreased by $-3.67M (-13892%).

As of 2021, the total cash from investing activities was -183.74M and total cash from financing activities was 226.11M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-27.03M-12.3M
Capital Expenditures-3.69M-26.4k
Dividends Paid--
Total Cash From From Investing Activities-183.74M-79.39M
Total Cash From From Financing Activities226.11M94.64M

Harmoney Corp Limited Annual Report History

Income Statement

Income Statement history of Harmoney Corp Limited (NZX:HMY)

30 Jun 202130 Jun 202031 Mar 201931 Mar 2018
Total Revenue15.52M16.76M30.66M24.69M
Cost Of Revenue4.01M3.35M--
Gross Profit11.51M13.41M30.66M24.69M
Research Development----
Selling General Administrative40.7M30.17M32.29M28.07M
Non Recurring----
Other Operating Expenses-605.99k-1.32M-1.4M-1.54M
Total Operating Expenses45.14M32.98M30.89M26.52M
Operating Income-29.63M-16.22M-233k-1.83M
Total Other Income Expense Net305.01k229.54k--
Ebit----
Interest Expense----
Income Before Tax-29.32M-15.99M-233k-1.83M
Income Tax Expense-2.29M-3.69M-7.45M-
Minority Interest----
Net Income From Continuing Ops-27.03M-12.3M7.22M-1.83M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-27.03M-12.3M7.22M-1.83M
Net Income Applicable To Common Shares-27.03M-12.3M7.22M-1.83M

Balance Sheet Statement

Balance Sheet Statement history of Harmoney Corp Limited (NZX:HMY)

30 Jun 202130 Jun 202031 Mar 201931 Mar 2018
Cash76.46M34.78M6.21M7.66M
Net Receivables296.06M134.12M48.58M1.16M
Other Current Assets654k327k5.4M682k
Total Current Assets373.18M169.22M60.19M9.5M
Property Plant Equipment642k1.45M147k172k
Intangible Assets3.46M-8k54k
Other Assets11.49M9.55M5.17M-
Deferred Long Term Asset Charges11.49M9.55M5.17M-
Total Assets388.77M180.22M65.51M9.72M
Accounts Payable954k531k1.16M610k
Long Term Debt291.54M132.63M--
Other Liab497k1.27M1.21M1.24M
Total Current Liabilities21.03M16.71M43M3.05M
Total Liab313.07M151.34M44.21M4.29M
Common Stock131.4M56.69M33.09M32.81M
Retained Earnings-56.4M-29.37M-13.99M-28.74M
Treasury Stock695k1.56M2.19M1.36M
Other Stockholder Equity695k1.56M2.19M1.36M
Total Stockholder Equity75.69M28.89M21.29M5.44M
Net Tangible Assets72.24M28.89M21.28M5.38M

Cash Flow Statement

Cash Flow Statement history of Harmoney Corp Limited (NZX:HMY)

30 Jun 202130 Jun 202031 Mar 201931 Mar 2018
Net Income-27.03M-12.3M7.22M-1.83M
Depreciation819k41.6k96k270k
Change To Netincome18.97M8.2M-4.24M1.22M
Change To Account Receivables3.33M5.99M5.99M5.99M
Change To Liabilities2.47M-1.84M--
Change To Operating Activities-369k4.83M4.83M4.83M
Total Cash From Operating Activities-1.59M4.94M3.08M-341k
Capital Expenditures-3.69M-26.4k-24k-97k
Other Cashflows From Investing Activities-180.04M-79.37M-41.51M-41.51M
Total Cashflows From Investing Activities-183.74M-79.39M-41.54M-97k
Net Borrowings158.56M75.87M37M37M
Total Cash From Financing Activities226.11M94.64M37M37M
Effect Of Exchange Rate897k11.2k12k-74k
Change In Cash41.69M20.2M-1.45M-512k
Issuance Of Stock67.55M18.78M18.78M18.78M
Dividends Paid----