Me Today Limited (NZX:MEE) Annual Report 2021
The latest annual report of Me Today Limited (MEE) was published on 31 Mar 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 - MEE Annual Results
Amounts in NZD
MEE Income Statement 2021 Annual Report
As per the latest Income Statement of MEE, the Net revenue increased by $577000 (102%) compared to the previous period. The operating income in 2021 decreased by $-2.12M (-260%). The net income as per the annual report was -2.86M which increased by $2.12M (43%) compared to previous year.
Income Statement Report (2021/2020)
| 2021 | 2020 | |
|---|---|---|
| Total Revenue | 1.14M | 566k |
| Gross Profit | 680k | 459k |
| Operating Income | -2.93M | -815k |
| Income Before Tax | -2.86M | -4.98M |
| Net Income | -2.86M | -4.98M |
Balance Sheet - MEE 2021 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 $-2.97M (-71%). The Net tangible assets of MEE on the balance sheet were at 5.82M which is $1.56M (37%) more than previous annual report. The total stockholder equity also increased by $1.57M (36%) compared to previous reporting period.
Balance Sheet Statement Report (2021/2020)
| 2021 | 2020 | |
|---|---|---|
| Cash | 1.2M | 4.17M |
| Total Assets | 6.71M | 4.85M |
| Long Term Debt | - | - |
| Total Liabilities | 822k | 529k |
| Total Shareholder Equity | 5.89M | 4.32M |
| Net Tangible Assets | 5.82M | 4.26M |
Cash Flow Statement - MEE 2021 Annual Report
The 2021 annual cash flow statement of Me Today Limited showed that the net income increased by $2.12M (43%) compared to previous reporting period. Also the capital expenditure of MEE decreased by $-76000 (-345%).
As of 2021, the total cash from investing activities was -3.92M and total cash from financing activities was 4.28M.
Cash Flow Statement Report (2021/2020)
| 2021 | 2020 | |
|---|---|---|
| Net Income | -2.86M | -4.98M |
| Capital Expenditures | -98k | -22k |
| Dividends Paid | - | - |
| Total Cash From From Investing Activities | -3.92M | 1.49M |
| Total Cash From From Financing Activities | 4.28M | 3.7M |
Me Today Limited Annual Report History
Income Statement
Income Statement history of Me Today Limited (NZX:MEE)
| 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 | |
|---|---|---|---|
| Total Revenue | 1.14M | 566k | 192k |
| Cost Of Revenue | 463k | 107k | - |
| Gross Profit | 680k | 459k | 192k |
| Research Development | - | - | - |
| Selling General Administrative | 3.61M | 1.27M | 300k |
| Non Recurring | - | - | - |
| Other Operating Expenses | - | - | - |
| Total Operating Expenses | 4.08M | 1.38M | 300k |
| Operating Income | -2.93M | -815k | -108k |
| Total Other Income Expense Net | 73k | -4.17M | - |
| Ebit | -2.93M | -815k | -108k |
| Interest Expense | - | - | - |
| Income Before Tax | -2.86M | -4.98M | -108k |
| Income Tax Expense | - | - | - |
| Minority Interest | - | - | - |
| Net Income From Continuing Ops | -2.86M | -4.98M | -108k |
| Discontinued Operations | - | - | - |
| Extraordinary Items | - | - | - |
| Effect Of Accounting Charges | - | - | - |
| Other Items | - | - | - |
| Net Income | -2.86M | -4.98M | -108k |
| Net Income Applicable To Common Shares | -2.86M | -4.98M | -108k |
Balance Sheet Statement
Balance Sheet Statement history of Me Today Limited (NZX:MEE)
| 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 | |
|---|---|---|---|
| Cash | 1.2M | 4.17M | 38k |
| Short Term Investments | 3.8M | - | - |
| Net Receivables | 297k | 212k | 21k |
| Inventory | 934k | 341k | - |
| Total Current Assets | 6.37M | 4.77M | 59k |
| Property Plant Equipment | 267k | 23k | 10k |
| Intangible Assets | 73k | 62k | - |
| Total Assets | 6.71M | 4.85M | 69k |
| Accounts Payable | 183k | 206k | 3k |
| Other Current Liab | 61k | - | 100k |
| Total Current Liabilities | 708k | 529k | 114k |
| Total Liab | 822k | 529k | 114k |
| Common Stock | 13.67M | 9.35M | - |
| Retained Earnings | -7.89M | -5.03M | -45k |
| Treasury Stock | 110k | - | - |
| Other Stockholder Equity | 110k | - | - |
| Total Stockholder Equity | 5.89M | 4.32M | -45k |
| Net Tangible Assets | 5.82M | 4.26M | -45k |
| Long Term Debt | - | - | - |
Cash Flow Statement
Cash Flow Statement history of Me Today Limited (NZX:MEE)
| 31 Mar 2021 | 31 Mar 2020 | 31 Mar 2019 | |
|---|---|---|---|
| Net Income | -2.86M | -4.98M | -108k |
| Depreciation | 80k | 13k | 2.4k |
| Change To Netincome | 112k | 3.98M | 3.98M |
| Change To Account Receivables | -170k | -227k | -50.4k |
| Change To Liabilities | 99k | 516k | 33.6k |
| Change To Inventory | -593k | -341k | -341k |
| Total Cash From Operating Activities | -3.33M | -1.06M | -122.4k |
| Capital Expenditures | -98k | -22k | -26.4k |
| Investments | -3.8M | -3.8M | -3.8M |
| Total Cashflows From Investing Activities | -3.92M | 1.49M | -26.4k |
| Net Borrowings | -33k | -33k | 240k |
| Other Cashflows From Financing Activities | -187k | -187k | -187k |
| Total Cash From Financing Activities | 4.28M | 3.7M | 240k |
| Change In Cash | -2.97M | 4.13M | 91.2k |
| Issuance Of Stock | 4.5M | 3.7M | 3.7M |
| Dividends Paid | - | - | - |