Pacific Edge Limited (NZX:PEB) Annual Report 2021



The latest annual report of Pacific Edge Limited (PEB) 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 - PEB Annual Results

Amounts in NZD

Total Revenue
8.97M
Gross Profit
3.51M
EBIT
-15.69M
Net Tangible Assets
24.95M
Net Income
-14.22M
Capital Expenditures
-270k

PEB Income Statement 2021 Annual Report

As per the latest Income Statement of PEB, the Net revenue increased by $4.04M (82%) compared to the previous period. The operating income in 2021 increased by $3.46M (18%). The net income as per the annual report was -14.22M which increased by $4.66M (25%) compared to previous year.

Income Statement Report (2021/2020)

20212020
Total Revenue8.97M4.94M
Gross Profit3.51M-242k
Operating Income-15.69M-19.14M
Income Before Tax-14.22M-18.89M
Net Income-14.22M-18.89M

Balance Sheet - PEB 2021 Annual Report

Read further: PEB Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Pacific Edge Limited showed the company increased the cash on balance sheet by $2.37M (135%). The Net tangible assets of PEB on the balance sheet were at 24.95M which is $10.61M (74%) more than previous annual report. The total stockholder equity also increased by $10.61M (73%) compared to previous reporting period.

Balance Sheet Statement Report (2021/2020)

20212020
Cash4.13M1.75M
Total Assets31.18M 19.33M
Long Term Debt--
Total Liabilities6.08M 4.82M
Total Shareholder Equity25.11M14.5M
Net Tangible Assets24.95M14.34M

Cash Flow Statement - PEB 2021 Annual Report

The 2021 annual cash flow statement of Pacific Edge Limited showed that the net income increased by $4.66M (25%) compared to previous reporting period. Also the capital expenditure of PEB decreased by $-154000 (-133%).

As of 2021, the total cash from investing activities was -6.35M and total cash from financing activities was 22.21M.

Cash Flow Statement Report (2021/2020)

20212020
Net Income-14.22M-18.89M
Capital Expenditures-270k-116k
Dividends Paid--
Total Cash From From Investing Activities-6.35M-5.21M
Total Cash From From Financing Activities22.21M17.64M

Pacific Edge Limited Annual Report History

Income Statement

Income Statement history of Pacific Edge Limited (NZX:PEB)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Total Revenue8.97M4.94M4.81M4.64M
Cost Of Revenue5.47M5.18M4.59M9M
Gross Profit3.51M-242k213k-4.36M
Research Development4.58M3.92M3.53M3.53M
Selling General Administrative14.61M14.99M14.91M15.64M
Non Recurring----
Other Operating Expenses----
Total Operating Expenses24.66M24.08M23.04M24.65M
Operating Income-15.69M-19.14M-18.23M-20M
Total Other Income Expense Net1.46M259k322k360k
Ebit-15.69M-19.14M-18.23M-20M
Interest Expense----
Income Before Tax-14.22M-18.89M-17.91M-19.64M
Income Tax Expense--9k-
Minority Interest----
Net Income From Continuing Ops-14.22M-18.89M-17.92M-19.64M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income-14.22M-18.89M-17.92M-19.64M
Net Income Applicable To Common Shares-14.22M-18.89M-17.92M-19.64M

Balance Sheet Statement

Balance Sheet Statement history of Pacific Edge Limited (NZX:PEB)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Cash4.13M1.75M4.85M5.24M
Short Term Investments19M13.03M8M11M
Net Receivables2.87M642k1.26M1.06M
Inventory790k796k842k752k
Other Current Assets159k185k165k157k
Total Current Assets27.34M16.92M15.56M18.53M
Property Plant Equipment3.67M2.23M769k854k
Intangible Assets162k162k214k260k
Other Assets15k17k19k21k
Total Assets31.18M19.33M16.57M19.66M
Accounts Payable818k692k634k665k
Other Current Liab361k405k108k50k
Deferred Long Term Liab15k17k19k21k
Total Current Liabilities4.29M4.25M2.62M3M
Total Liab6.08M4.82M2.66M3.02M
Common Stock190.31M165.42M146.4M131.82M
Retained Earnings-170.06M-156.24M-137.88M-120.12M
Treasury Stock4.87M5.32M5.38M4.93M
Other Stockholder Equity4.87M5.32M5.38M4.93M
Total Stockholder Equity25.11M14.5M13.91M16.64M
Net Tangible Assets24.95M14.34M13.7M16.38M
Long Term Debt----

Cash Flow Statement

Cash Flow Statement history of Pacific Edge Limited (NZX:PEB)

31 Mar 202131 Mar 202031 Mar 201931 Mar 2018
Net Income-14.22M-18.89M-17.92M-19.64M
Depreciation1.32M1.35M279k358k
Change To Netincome1.44M784k800k1.16M
Change To Account Receivables-2.09M539k-341k-383k
Change To Liabilities-71k698k-353k192k
Change To Inventory6k46k-90k72k
Change To Operating Activities-1k7k4k4k
Total Cash From Operating Activities-13.57M-15.38M-17.51M-18.1M
Capital Expenditures-270k-116k-50k-195k
Investments-5.97M-5.03M3M-3M
Total Cashflows From Investing Activities-6.35M-5.21M2.84M-3.33M
Net Borrowings-1.25M-1.21M-97k-59k
Other Cashflows From Financing Activities-38k-1.28M-178k-1.3M
Total Cash From Financing Activities22.21M17.64M14.29M20.06M
Effect Of Exchange Rate81k-140k-26k56k
Change In Cash2.37M-3.09M-395k-1.32M
Issuance Of Stock23.5M20.14M14.57M21.41M
Dividends Paid----