KMD Brands Limited (NZX:KMD) Annual Report 2021



The latest annual report of KMD Brands Limited (KMD) was published on 31 Jul 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 - KMD Annual Results

Amounts in NZD

Total Revenue
922.79M
Gross Profit
541.62M
EBIT
63.02M
Net Tangible Assets
126.23M
Net Income
63.07M
Capital Expenditures
-15.04M

KMD Income Statement 2021 Annual Report

As per the latest Income Statement of KMD, the Net revenue increased by $121.27M (15%) compared to the previous period. The operating income in 2021 increased by $44.52M (241%). The net income as per the annual report was 63.07M which increased by $54.93M (675%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue922.79M801.52M
Gross Profit541.62M467.03M
Operating Income63.02M18.5M
Income Before Tax75.71M22.5M
Net Income63.07M8.13M

Balance Sheet - KMD 2021 Annual Report

Read further: KMD Balance Sheet Detailed Analysis

The latest balance sheet from annual result of KMD Brands Limited showed the company reduced the cash on balance sheet by $-89.27M (-38%). The Net tangible assets of KMD on the balance sheet were at 126.23M which is $40.98M (48%) more than previous annual report. The total stockholder equity also increased by $39.60M (5%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash142.61M231.88M
Total Assets1.47B 1.59B
Long Term Debt105.6M241.27M
Total Liabilities646.31M 808.22M
Total Shareholder Equity814.78M775.18M
Net Tangible Assets126.23M85.25M

Cash Flow Statement - KMD 2021 Annual Report

The 2021 annual cash flow statement of KMD Brands Limited showed that the net income increased by $54.93M (675%) compared to previous reporting period. Also the capital expenditure of KMD increased by $355000 (2%).

As of 2021, the total cash from investing activities was -36.58M and total cash from financing activities was -232.82M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income63.07M8.13M
Capital Expenditures-15.04M-15.4M
Dividends Paid-14.18M-27.21M
Total Cash From From Investing Activities-36.58M-395.78M
Total Cash From From Financing Activities-232.82M449.14M

KMD Brands Limited Annual Report History

Income Statement

Income Statement history of KMD Brands Limited (NZX:KMD)

31 Jul 202131 Jul 202031 Jul 201931 Jul 2018
Total Revenue922.79M801.52M538.86M497.44M
Cost Of Revenue381.17M334.49M206.36M181.96M
Gross Profit541.62M467.03M332.49M315.48M
Research Development----
Selling General Administrative362.76M344.94M234.06M225.72M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses859.77M783.02M455.69M422.63M
Operating Income63.02M18.5M83.16M74.8M
Total Other Income Expense Net12.69M4M-1.78M-1.06M
Ebit63.02M18.5M83.16M74.8M
Interest Expense-11.25M-13.65M-1.88M-1.39M
Income Before Tax75.71M22.5M81.38M73.74M
Income Tax Expense12.28M13.63M23.75M23.07M
Minority Interest4.07M4.01M4.01M4.01M
Net Income From Continuing Ops63.43M8.87M57.63M50.67M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income63.07M8.13M57.63M50.67M
Net Income Applicable To Common Shares63.07M8.13M57.63M50.67M

Balance Sheet Statement

Balance Sheet Statement history of KMD Brands Limited (NZX:KMD)

31 Jul 202131 Jul 202031 Jul 201931 Jul 2018
Cash142.61M231.88M6.23M8.15M
Net Receivables72.36M77.46M14.21M13.45M
Inventory216.54M228.79M122.77M111.93M
Other Current Assets7.61M2.85M4.96M5.08M
Total Current Assets439.12M540.99M148.17M160.78M
Property Plant Equipment321.96M347.16M60.32M63.51M
Good Will276.4M281.76M190.32M189.31M
Intangible Assets412.15M408.18M195.74M197.6M
Other Assets15.53M9.32M--
Deferred Long Term Asset Charges13.98M5.38M--
Total Assets1.47B1.59B594.55M611.2M
Accounts Payable72.23M63.94M30.5M24M
Other Current Liab60.57M82.16M41.94M66.88M
Long Term Debt105.6M241.27M25.51M39.56M
Other Liab101M100.81M45.85M46.23M
Minority Interest4.07M4.01M--
Total Current Liabilities236.02M245.54M81.13M104.89M
Total Liab646.31M808.22M152.49M190.68M
Common Stock626.38M626.38M251.11M249.88M
Retained Earnings213.93M165.41M197.12M173.36M
Treasury Stock-25.53M-16.61M-6.17M-2.72M
Other Stockholder Equity-25.53M-16.61M-6.17M-2.72M
Total Stockholder Equity814.78M775.18M442.06M420.52M
Net Tangible Assets126.23M85.25M56M33.62M

Cash Flow Statement

Cash Flow Statement history of KMD Brands Limited (NZX:KMD)

31 Jul 202131 Jul 202031 Jul 201931 Jul 2018
Net Income63.07M8.13M57.63M50.67M
Depreciation112.44M99.98M12.1M11.64M
Change To Netincome-13.97M866k1.79M1.28M
Change To Account Receivables5.6M24.03M-379k5.27M
Change To Liabilities3.5M9.73M3.66M10.88M
Change To Inventory8.19M20.3M-13.04M-13.87M
Change To Operating Activities431k431k431k431k
Total Cash From Operating Activities183.07M170.34M61.67M75.6M
Capital Expenditures-15.04M-15.4M-11.35M-14.3M
Total Cashflows From Investing Activities-36.58M-395.78M-15.7M-121.62M
Dividends Paid-14.18M-27.21M-33.88M-27.21M
Net Borrowings-218.64M135.7M-14M28.91M
Total Cash From Financing Activities-232.82M449.14M-47.88M50.4M
Effect Of Exchange Rate-2.94M1.96M-12k226k
Change In Cash-89.27M225.66M-1.92M4.61M