Me Today Limited (NZX:MEE) Annual Report 2022



The latest annual report of Me Today Limited (MEE) was published on 30 Jun 2022. 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 - MEE Annual Results

Amounts in NZD

Total Revenue
6.62M
Gross Profit
557.6k
EBIT
-8.17M
Net Tangible Assets
16.57M
Net Income
-15.64M
Capital Expenditures
-261.6k

MEE Income Statement 2022 Annual Report

As per the latest Income Statement of MEE, the Net revenue decreased by $-597600 (-8%) compared to the previous period. The operating income in 2022 decreased by $-1.68M (-26%). The net income as per the annual report was -15.64M which increased by $2.17M (12%) compared to previous year.

Income Statement Report (2022/2022)

2022 2022
Total Revenue 6.62M 7.22M
Gross Profit 557.6k 1.21M
Operating Income -8.17M -6.49M
Income Before Tax -17.72M -17.8M
Net Income -15.64M -17.8M

Balance Sheet - MEE 2022 Annual Report

Read further: MEE Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Me Today Limited showed the company increased the cash on balance sheet by $4.22M (369%). The Net tangible assets of MEE on the balance sheet were at 16.57M which is $3.58M (28%) more than previous annual report. The total stockholder equity also increased by $4.95M (26%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2022)

2022 2022
Cash 5.37M 1.15M
Total Assets 39.46M 35.65M
Long Term Debt 11.29M 10.64M
Total Liabilities 15.36M 16.5M
Total Shareholder Equity 24.1M 19.15M
Net Tangible Assets 16.57M 12.99M

Cash Flow Statement - MEE 2022 Annual Report

The 2022 annual cash flow statement of Me Today Limited showed that the net income increased by $2.17M (12%) compared to previous reporting period. Also the capital expenditure of MEE increased by $8400 (3%).

As of 2022, the total cash from investing activities was -14.09M and total cash from financing activities was 26.69M.

Cash Flow Statement Report (2022/2022)

2022 2022
Net Income -15.64M -17.8M
Capital Expenditures -261.6k -270k
Dividends Paid - -
Total Cash From From Investing Activities -14.09M -17.64M
Total Cash From From Financing Activities 26.69M 27.21M

Me Today Limited Annual Report History

Income Statement

Income Statement history of Me Today Limited (NZX:MEE)

30 Jun 2022 31 Mar 2022 31 Mar 2021 31 Mar 2020
Total Revenue 6.62M 7.22M 1.14M 566k
Cost Of Revenue 6.06M 6.01M 463k 107k
Gross Profit 557.6k 1.21M 680k 459k
Research Development - - - -
Selling General Administrative 7.86M 7.7M 3.61M 1.27M
Non Recurring - - - -
Other Operating Expenses - - - -
Total Operating Expenses 14.79M 13.71M 4.07M 1.38M
Operating Income -8.17M -6.49M -2.93M -815k
Total Other Income Expense Net -9.55M -11.31M 67k -4.17M
Ebit -8.17M -6.49M -2.93M -815k
Interest Expense -512.8k -492k -6k -6k
Income Before Tax -17.72M -17.8M -2.86M -4.98M
Income Tax Expense -2.08M - - -
Minority Interest - - - -
Net Income From Continuing Ops -15.64M -17.8M -2.86M -4.98M
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Charges - - - -
Other Items - - - -
Net Income -15.64M -17.8M -2.86M -4.98M
Net Income Applicable To Common Shares -15.64M -17.8M -2.86M -4.98M

Balance Sheet Statement

Balance Sheet Statement history of Me Today Limited (NZX:MEE)

30 Jun 2022 31 Mar 2022 31 Mar 2021 31 Mar 2020
Cash 5.37M 1.15M 1.2M 4.17M
Net Receivables 1.06M 2.6M 297k 212k
Inventory 17.49M 17.07M 934k 341k
Other Current Assets 1.06M 858k - -
Total Current Assets 25.16M 21.67M 6.37M 4.77M
Property Plant Equipment 5.17M 5.8M 267k 23k
Intangible Assets 7.53M 91k 73k 62k
Other Assets 1.6M 2.01M - -
Total Assets 39.46M 35.65M 6.71M 4.85M
Accounts Payable 482k 2.6M 183k 206k
Short Long Term Debt 942k 1.82M - -
Other Current Liab 658k - 61k -
Long Term Debt 11.29M 10.64M - -
Total Current Liabilities 3.02M 5.08M 708k 529k
Total Liab 15.36M 16.5M 822k 529k
Common Stock 51.43M 44.7M 13.67M 9.35M
Retained Earnings -27.41M -25.69M -7.89M -5.03M
Treasury Stock 77k 136k 110k -
Other Stockholder Equity 77k 136k 110k -
Total Stockholder Equity 24.1M 19.15M 5.89M 4.32M
Net Tangible Assets 16.57M 12.99M 5.82M 4.26M

Cash Flow Statement

Cash Flow Statement history of Me Today Limited (NZX:MEE)

30 Jun 2022 31 Mar 2022 31 Mar 2021 31 Mar 2020
Net Income -15.64M -17.8M -2.86M -4.98M
Depreciation 2.21M 1.27M 80k 13k
Change To Netincome 7.85M 11.8M 112k 3.98M
Change To Account Receivables -622.4k -2.15M -170k -227k
Change To Liabilities 911.2k 1.97M -12k 516k
Change To Inventory -13.25M -16.16M -593k -341k
Change To Operating Activities 9.28M 11.46M 11.46M -14k
Total Cash From Operating Activities -9.26M -9.62M -3.33M -1.06M
Capital Expenditures -261.6k -270k -98k -22k
Investments 3.04M 3.8M -3.8M -3.8M
Total Cashflows From Investing Activities -14.09M -17.64M -3.92M 1.49M
Net Borrowings 5.03M 6.65M -33k -33k
Other Cashflows From Financing Activities -732k -688k -187k -187k
Total Cash From Financing Activities 26.69M 27.21M 4.28M 3.7M
Change In Cash 3.34M -49k -2.97M 4.13M
Issuance Of Stock 22.39M 21.25M 4.5M 3.7M
Dividends Paid - - - -