Just Life Group Limited (NZX:JLG) Annual Report 2021



The latest annual report of Just Life Group Limited (JLG) 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 - JLG Annual Results

Amounts in NZD

Total Revenue
32.52M
Gross Profit
22.1M
EBIT
5.68M
Net Tangible Assets
-8.78M
Net Income
3.31M
Capital Expenditures
-733k

JLG Income Statement 2021 Annual Report

As per the latest Income Statement of JLG, the Net revenue increased by $2.16M (7%) compared to the previous period. The operating income in 2021 increased by $1.48M (35%). The net income as per the annual report was 3.31M which increased by $378000 (13%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue32.52M30.36M
Gross Profit22.1M20.44M
Operating Income5.68M4.2M
Income Before Tax4.69M4.1M
Net Income3.31M2.93M

Balance Sheet - JLG 2021 Annual Report

Read further: JLG Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Just Life Group Limited showed the company increased the cash on balance sheet by $199000 (9950%). The Net tangible assets of JLG on the balance sheet were at -8.78M which is $-13.66M (-280%) less than previous annual report. The total stockholder equity also increased by $7.83M (44%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash201k2k
Total Assets53.11M 32.83M
Long Term Debt16.52M6.87M
Total Liabilities27.55M 15.14M
Total Shareholder Equity25.52M17.69M
Net Tangible Assets-8.78M4.88M

Cash Flow Statement - JLG 2021 Annual Report

The 2021 annual cash flow statement of Just Life Group Limited showed that the net income increased by $378000 (13%) compared to previous reporting period. Also the capital expenditure of JLG increased by $242000 (25%).

As of 2021, the total cash from investing activities was -19.93M and total cash from financing activities was 13.55M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income3.31M2.93M
Capital Expenditures-733k-975k
Dividends Paid-574k-1.55M
Total Cash From From Investing Activities-19.93M-1.16M
Total Cash From From Financing Activities13.55M-4.46M

Just Life Group Limited Annual Report History

Income Statement

Income Statement history of Just Life Group Limited (NZX:JLG)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue32.52M30.36M33.5M17.55M
Cost Of Revenue10.41M9.91M11.21M1.57M
Gross Profit22.1M20.44M22.29M15.98M
Research Development----
Selling General Administrative9.44M9.99M10.66M7.19M
Non Recurring----
Other Operating Expenses4.57M3.67M5.03M3.69M
Total Operating Expenses26.84M26.16M29.83M14.53M
Operating Income5.68M4.2M3.67M3.02M
Total Other Income Expense Net-984k-100k-1.04M-210k
Ebit5.68M4.2M3.67M3.02M
Interest Expense-521k-558k-548k-177k
Income Before Tax4.69M4.1M2.63M2.81M
Income Tax Expense1.39M1.17M723k742k
Minority Interest48k48k48k48k
Net Income From Continuing Ops3.3M2.93M1.91M2.07M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income3.31M2.93M1.91M2.07M
Net Income Applicable To Common Shares3.31M2.93M1.91M2.07M

Balance Sheet Statement

Balance Sheet Statement history of Just Life Group Limited (NZX:JLG)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash201k2k2k12k
Net Receivables3.12M3.26M3.17M3.89M
Inventory2.3M3.13M2.59M2.04M
Total Current Assets6.22M6.84M6.23M6.3M
Property Plant Equipment12.56M12.48M10.8M9.87M
Good Will23.24M11.82M11.82M11.82M
Intangible Assets11.06M991k899k1.22M
Other Assets34k692k1.34M966k
Total Assets53.11M32.83M31.1M30.18M
Accounts Payable2.85M3.1M3.31M3.24M
Short Long Term Debt1.69M--201k
Other Current Liab1.17M1.14M305k314k
Long Term Debt16.52M6.87M9.82M9.51M
Other Liab2.53M---
Deferred Long Term Liab15k200k525k503k
Minority Interest48k---
Total Current Liabilities7.4M6.84M5.45M5.97M
Total Liab27.55M15.14M15.28M15.47M
Common Stock28.52M23.14M21.85M21.54M
Retained Earnings-5.68M-7.09M-7.18M-7.18M
Treasury Stock2.67M1.64M1.15M343k
Other Stockholder Equity2.67M1.64M1.15M343k
Total Stockholder Equity25.52M17.69M15.82M14.7M
Net Tangible Assets-8.78M4.88M3.1M1.66M

Cash Flow Statement

Cash Flow Statement history of Just Life Group Limited (NZX:JLG)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income3.31M2.93M1.91M2.07M
Depreciation2.04M2.06M2.28M1.43M
Change To Netincome-1k919k2k-56k
Change To Account Receivables332k61k-63k-871k
Change To Liabilities-942k-321k512k328k
Change To Inventory1.59M-545k-550k-9k
Total Cash From Operating Activities6.7M5.62M4.73M3.54M
Capital Expenditures-733k-975k-1.81M-2.11M
Total Cashflows From Investing Activities-19.93M-1.16M-2.16M-11.6M
Dividends Paid-574k-1.55M-1.89M-1.68M
Net Borrowings10.07M-2.92M-36k8.84M
Total Cash From Financing Activities13.55M-4.46M-1.93M7.16M
Change In Cash315k-4k644k-901k
Issuance Of Stock4.06M4.06M4.06M4.06M