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

Total Revenue
1.14M
Gross Profit
680k
EBIT
-2.93M
Net Tangible Assets
5.82M
Net Income
-2.86M
Capital Expenditures
-98k

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)

20212020
Total Revenue1.14M566k
Gross Profit680k459k
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)

20212020
Cash1.2M4.17M
Total Assets6.71M 4.85M
Long Term Debt--
Total Liabilities822k 529k
Total Shareholder Equity5.89M4.32M
Net Tangible Assets5.82M4.26M

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)

20212020
Net Income-2.86M-4.98M
Capital Expenditures-98k-22k
Dividends Paid--
Total Cash From From Investing Activities-3.92M1.49M
Total Cash From From Financing Activities4.28M3.7M

Me Today Limited Annual Report History

Income Statement

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

31 Mar 202131 Mar 202031 Mar 2019
Total Revenue1.14M566k192k
Cost Of Revenue463k107k-
Gross Profit680k459k192k
Research Development---
Selling General Administrative3.61M1.27M300k
Non Recurring---
Other Operating Expenses---
Total Operating Expenses4.08M1.38M300k
Operating Income-2.93M-815k-108k
Total Other Income Expense Net73k-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 202131 Mar 202031 Mar 2019
Cash1.2M4.17M38k
Short Term Investments3.8M--
Net Receivables297k212k21k
Inventory934k341k-
Total Current Assets6.37M4.77M59k
Property Plant Equipment267k23k10k
Intangible Assets73k62k-
Total Assets6.71M4.85M69k
Accounts Payable183k206k3k
Other Current Liab61k-100k
Total Current Liabilities708k529k114k
Total Liab822k529k114k
Common Stock13.67M9.35M-
Retained Earnings-7.89M-5.03M-45k
Treasury Stock110k--
Other Stockholder Equity110k--
Total Stockholder Equity5.89M4.32M-45k
Net Tangible Assets5.82M4.26M-45k
Long Term Debt---

Cash Flow Statement

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

31 Mar 202131 Mar 202031 Mar 2019
Net Income-2.86M-4.98M-108k
Depreciation80k13k2.4k
Change To Netincome112k3.98M3.98M
Change To Account Receivables-170k-227k-50.4k
Change To Liabilities99k516k33.6k
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-3.92M1.49M-26.4k
Net Borrowings-33k-33k240k
Other Cashflows From Financing Activities-187k-187k-187k
Total Cash From Financing Activities4.28M3.7M240k
Change In Cash-2.97M4.13M91.2k
Issuance Of Stock4.5M3.7M3.7M
Dividends Paid---