MHM Automation Limited (NZX:MHM) Annual Report 2021



The latest annual report of MHM Automation Limited (MHM) was published on 30 Jun 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 - MHM Annual Results

Amounts in NZD

Total Revenue
51.4M
Gross Profit
20.7M
EBIT
2.54M
Net Tangible Assets
4.66M
Net Income
4.1M
Capital Expenditures
-941k

MHM Income Statement 2021 Annual Report

As per the latest Income Statement of MHM, the Net revenue increased by $2.30M (5%) compared to the previous period. The operating income in 2021 increased by $1.34M (112%). The net income as per the annual report was 4.1M which increased by $3.17M (339%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue51.4M49.1M
Gross Profit20.7M16.63M
Operating Income2.54M1.2M
Income Before Tax2.41M1.02M
Net Income4.1M934k

Balance Sheet - MHM 2021 Annual Report

Read further: MHM Balance Sheet Detailed Analysis

The latest balance sheet from annual result of MHM Automation Limited showed the company increased the cash on balance sheet by $4.67M (201%). The Net tangible assets of MHM on the balance sheet were at 4.66M which is $5.33M (786%) more than previous annual report. The total stockholder equity also increased by $6.02M (134%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash6.99M2.32M
Total Assets32.7M 26.54M
Long Term Debt-3.16M
Total Liabilities22.18M 22.04M
Total Shareholder Equity10.52M4.5M
Net Tangible Assets4.66M-679k

Cash Flow Statement - MHM 2021 Annual Report

The 2021 annual cash flow statement of MHM Automation Limited showed that the net income increased by $3.17M (339%) compared to previous reporting period. Also the capital expenditure of MHM decreased by $-761000 (-423%).

As of 2021, the total cash from investing activities was 2.93M and total cash from financing activities was -4.2M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income4.1M934k
Capital Expenditures-941k-180k
Dividends Paid--
Total Cash From From Investing Activities2.93M-472k
Total Cash From From Financing Activities-4.2M-3.27M

MHM Automation Limited Annual Report History

Income Statement

Income Statement history of MHM Automation Limited (NZX:MHM)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Total Revenue51.4M49.1M38.13M28.83M
Cost Of Revenue30.7M32.48M23.31M19.37M
Gross Profit20.7M16.63M14.82M9.47M
Research Development----
Selling General Administrative12.14M11.1M10.27M10.1M
Non Recurring----
Other Operating Expenses4.82M3.54M3.71M3.25M
Total Operating Expenses48.86M47.9M37.76M33.44M
Operating Income2.54M1.2M370k-4.6M
Total Other Income Expense Net-131k-175k-1.39M-1.34M
Ebit2.54M1.2M370k-4.6M
Interest Expense-229k-333k-319k-490k
Income Before Tax2.41M1.02M-1.02M-5.94M
Income Tax Expense-37k-198k13k1.9M
Minority Interest----
Net Income From Continuing Ops2.45M1.22M-1.03M-7.84M
Discontinued Operations1.65M-288k-288k-288k
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income4.1M934k-1.03M-7.84M
Net Income Applicable To Common Shares4.1M934k-1.03M-7.84M

Balance Sheet Statement

Balance Sheet Statement history of MHM Automation Limited (NZX:MHM)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Cash6.99M2.32M3.69M671k
Net Receivables7.94M7.91M5.69M4.75M
Inventory1.7M2.39M2.49M2.41M
Other Current Assets8k---
Total Current Assets17.86M12.78M12.04M7.9M
Property Plant Equipment8.36M7.43M6.33M6.42M
Good Will356k356k356k356k
Intangible Assets5.51M4.82M4.57M3.88M
Other Assets617k1.15M838k848k
Deferred Long Term Asset Charges353k873k545k545k
Total Assets32.7M26.54M24.12M19.41M
Accounts Payable2.89M4.46M5.33M3.82M
Other Current Liab16.55M11.26M7.76M2.92M
Total Current Liabilities21.72M18.03M20.71M9.05M
Total Liab22.18M22.04M20.71M14.96M
Common Stock44.63M44.63M44.37M44.37M
Retained Earnings-37.99M-43.07M-43.96M-42.92M
Treasury Stock3.88M2.94M3M3M
Other Stockholder Equity3.88M2.94M3M3M
Total Stockholder Equity10.52M4.5M3.42M4.44M
Net Tangible Assets4.66M-679k-1.51M203k
Long Term Debt-3.16M-5.92M

Cash Flow Statement

Cash Flow Statement history of MHM Automation Limited (NZX:MHM)

30 Jun 202130 Jun 202030 Jun 201930 Jun 2018
Net Income4.1M934k-1.03M-7.84M
Depreciation1.1M870k401k410k
Change To Netincome-1.76M-1.26M-387k3.72M
Change To Account Receivables-1.1M725k-1.05M995k
Change To Liabilities3.13M-530k6.68M2.02M
Change To Inventory631k97k-78k1.08M
Change To Operating Activities-160k1.62M370k-974k
Total Cash From Operating Activities5.93M2.46M4.9M-592k
Capital Expenditures-941k-180k-281k-138k
Other Cashflows From Investing Activities4.01M4.01M4.01M15k
Total Cashflows From Investing Activities2.93M-472k-1.03M-826k
Net Borrowings-4.2M-3.27M69k-1.4M
Total Cash From Financing Activities-4.2M-3.27M69k1.45M
Effect Of Exchange Rate1k-68k5k-69k
Change In Cash4.67M-1.35M3.95M-39k
Dividends Paid----