Me Today Limited (NZX:MEE) Annual Report 2022



The latest annual report of Me Today Limited (MEE) was published on 31 Mar 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
7.22M
Gross Profit
1.21M
EBIT
-6.49M
Net Tangible Assets
12.99M
Net Income
-17.8M
Capital Expenditures
-270k

MEE Income Statement 2022 Annual Report

As per the latest Income Statement of MEE, the Net revenue increased by $6.07M (531%) compared to the previous period. The operating income in 2022 decreased by $-3.56M (-121%). The net income as per the annual report was -17.8M which decreased by $-14.95M (-523%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue7.22M1.14M
Gross Profit1.21M680k
Operating Income-6.49M-2.93M
Income Before Tax-17.8M-2.86M
Net Income-17.8M-2.86M

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 reduced the cash on balance sheet by $-49000 (-4%). The Net tangible assets of MEE on the balance sheet were at 12.99M which is $7.17M (123%) more than previous annual report. The total stockholder equity also increased by $13.26M (225%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash1.15M1.2M
Total Assets35.65M 6.71M
Long Term Debt10.64M-
Total Liabilities16.5M 822k
Total Shareholder Equity19.15M5.89M
Net Tangible Assets12.99M5.82M

Cash Flow Statement - MEE 2022 Annual Report

The 2022 annual cash flow statement of Me Today Limited showed that the net income decreased by $-14.95M (-523%) compared to previous reporting period. Also the capital expenditure of MEE decreased by $-172000 (-176%).

As of 2022, the total cash from investing activities was -17.64M and total cash from financing activities was 27.21M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income-17.8M-2.86M
Capital Expenditures-270k-98k
Dividends Paid--
Total Cash From From Investing Activities-17.64M-3.92M
Total Cash From From Financing Activities27.21M4.28M

Me Today Limited Annual Report History

Income Statement

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

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue7.22M1.14M566k192k
Cost Of Revenue6.01M463k107k-
Gross Profit1.21M680k459k192k
Research Development----
Selling General Administrative7.7M3.61M1.27M300k
Non Recurring----
Other Operating Expenses----
Total Operating Expenses13.71M4.08M1.38M300k
Operating Income-6.49M-2.93M-815k-108k
Total Other Income Expense Net-11.31M73k-4.17M-
Ebit-6.49M-2.93M-815k-108k
Interest Expense-492k-492k-492k-492k
Income Before Tax-17.8M-2.86M-4.98M-108k
Income Tax Expense----
Minority Interest----
Net Income From Continuing Ops-17.8M-2.86M-4.98M-108k
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-17.8M-2.86M-4.98M-108k
Net Income Applicable To Common Shares-17.8M-2.86M-4.98M-108k

Balance Sheet Statement

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

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash1.15M1.2M4.17M38k
Net Receivables2.6M297k212k21k
Inventory17.07M934k341k-
Other Current Assets858k---
Total Current Assets21.67M6.37M4.77M59k
Property Plant Equipment5.8M267k23k10k
Good Will6.07M---
Intangible Assets91k73k62k-
Other Assets2.01M---
Total Assets35.65M6.71M4.85M69k
Accounts Payable2.6M183k206k3k
Short Long Term Debt1.82M---
Long Term Debt10.64M---
Total Current Liabilities5.08M708k529k114k
Total Liab16.5M822k529k114k
Common Stock44.7M13.67M9.35M-
Retained Earnings-25.69M-7.89M-5.03M-45k
Treasury Stock136k110k--
Other Stockholder Equity136k110k--
Total Stockholder Equity19.15M5.89M4.32M-45k
Net Tangible Assets12.99M5.82M4.26M-45k

Cash Flow Statement

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

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income-17.8M-2.86M-4.98M-108k
Depreciation1.27M80k13k2.4k
Change To Netincome11.8M112k3.98M3.98M
Change To Account Receivables-2.15M-170k-227k-50.4k
Change To Liabilities1.97M99k516k33.6k
Change To Inventory-16.16M-593k-341k-341k
Change To Operating Activities11.46M11.46M-14k-14k
Total Cash From Operating Activities-9.62M-3.33M-1.06M-122.4k
Capital Expenditures-270k-98k-22k-26.4k
Investments3.8M-3.8M-3.8M-3.8M
Total Cashflows From Investing Activities-17.64M-3.92M1.49M-26.4k
Net Borrowings6.65M-33k-33k240k
Other Cashflows From Financing Activities-688k-187k-187k-187k
Total Cash From Financing Activities27.21M4.28M3.7M240k
Change In Cash-49k-2.97M4.13M91.2k
Repurchase Of Stock-2k-2k-2k-2k
Issuance Of Stock21.25M4.5M3.7M3.7M
Dividends Paid----