Pushpay Holdings Limited (NZX:PPH) Annual Report 2022



The latest annual report of Pushpay Holdings Limited (PPH) 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 - PPH Annual Results

Amounts in USD

Total Revenue
202.86M
Gross Profit
138.38M
EBIT
46.92M
Net Tangible Assets
-56.68M
Net Income
33.4M
Capital Expenditures
-410k

PPH Income Statement 2022 Annual Report

As per the latest Income Statement of PPH, the Net revenue increased by $23.75M (13%) compared to the previous period. The operating income in 2022 decreased by $-2.95M (-6%). The net income as per the annual report was 33.4M which increased by $2.22M (7%) compared to previous year.

Income Statement Report (2022/2021)

20222021
Total Revenue202.86M179.11M
Gross Profit138.38M121.93M
Operating Income46.92M49.87M
Income Before Tax43.93M44.36M
Net Income33.4M31.18M

Balance Sheet - PPH 2022 Annual Report

Read further: PPH Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Pushpay Holdings Limited showed the company increased the cash on balance sheet by $1.91M (39%). The Net tangible assets of PPH on the balance sheet were at -56.68M which is $-66.65M (-669%) less than previous annual report. The total stockholder equity also increased by $68.33M (73%) compared to previous reporting period.

Balance Sheet Statement Report (2022/2021)

20222021
Cash6.75M4.84M
Total Assets261.34M 117.06M
Long Term Debt54M-
Total Liabilities99.09M 23.14M
Total Shareholder Equity162.25M93.92M
Net Tangible Assets-56.68M9.96M

Cash Flow Statement - PPH 2022 Annual Report

The 2022 annual cash flow statement of Pushpay Holdings Limited showed that the net income increased by $2.22M (7%) compared to previous reporting period. Also the capital expenditure of PPH decreased by $-24000 (-6%).

As of 2022, the total cash from investing activities was -110.02M and total cash from financing activities was 50.38M.

Cash Flow Statement Report (2022/2021)

20222021
Net Income33.4M31.18M
Capital Expenditures-410k-386k
Dividends Paid--
Total Cash From From Investing Activities-110.02M320k
Total Cash From From Financing Activities50.38M-59.58M

Pushpay Holdings Limited Annual Report History

Income Statement

Income Statement history of Pushpay Holdings Limited (NZX:PPH)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Total Revenue202.86M179.11M127.6M98.36M
Cost Of Revenue64.48M57.18M44.79M37.89M
Gross Profit138.38M121.93M82.81M60.48M
Research Development24.67M16.72M13.57M17.11M
Selling General Administrative56.78M48.22M45.99M45.41M
Non Recurring----
Other Operating Expenses---2M-2M
Total Operating Expenses155.94M129.24M107.45M100.41M
Operating Income46.92M49.87M20.15M-2.05M
Total Other Income Expense Net-3M-5.5M1.52M632k
Ebit46.92M49.87M20.15M-2.05M
Interest Expense-1.24M-1.11M-951k-951k
Income Before Tax43.93M44.36M21.67M-1.42M
Income Tax Expense10.52M13.18M5.67M-20.24M
Minority Interest----
Net Income From Continuing Ops33.4M31.18M16M18.83M
Discontinued Operations----
Extraordinary Items----
Effect Of Accounting Charges----
Other Items----
Net Income33.4M31.18M16M18.83M
Net Income Applicable To Common Shares33.4M31.18M16M18.83M

Balance Sheet Statement

Balance Sheet Statement history of Pushpay Holdings Limited (NZX:PPH)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Cash6.75M4.84M7.2M13.93M
Net Receivables19.18M17.84M13.91M9.24M
Inventory543k---
Other Current Assets1.02M2.15M1.93M1.3M
Total Current Assets29.79M27.21M25.73M27.09M
Property Plant Equipment7.71M2.78M4.44M1.22M
Good Will185.23M66.81M66.81M-
Intangible Assets33.7M17.15M22.13M1.88M
Other Assets4.91M3.11M15.94M23.53M
Deferred Long Term Asset Charges3.19M1.84M13.26M20.93M
Total Assets261.34M117.06M135.04M53.73M
Accounts Payable1.57M326k621k842k
Other Current Liab27.95M14.53M15.11M10.03M
Long Term Debt54M-33.33M-
Deferred Long Term Liab268k651k1.11M1.46M
Total Current Liabilities39.39M22.43M46.43M12.93M
Total Liab99.09M23.14M82.1M12.93M
Common Stock137.07M95.92M94.61M93.67M
Retained Earnings29.9M-3.5M-34.68M-50.69M
Treasury Stock-4.72M1.5M-6.99M-2.19M
Other Stockholder Equity-4.72M1.5M-6.99M-2.19M
Total Stockholder Equity162.25M93.92M52.94M40.79M
Net Tangible Assets-56.68M9.96M-35.99M38.92M

Cash Flow Statement

Cash Flow Statement history of Pushpay Holdings Limited (NZX:PPH)

31 Mar 202231 Mar 202131 Mar 202031 Mar 2019
Net Income33.4M31.18M16M18.83M
Depreciation5.34M3.94M2.84M1.41M
Change To Netincome3.28M21.92M3.72M-19.52M
Change To Account Receivables-2.43M-3.18M-3.99M-4.53M
Change To Liabilities6.69M-1.26M8.01M135k
Change To Inventory-543k-543k-543k-543k
Change To Operating Activities-593k1.39M-6.06M-988k
Total Cash From Operating Activities61.45M57.6M23.52M-2.76M
Capital Expenditures-410k-386k-385k-345k
Other Cashflows From Investing Activities337k606k606k94k
Total Cashflows From Investing Activities-110.02M320k-84.77M-300k
Net Borrowings52.33M-58.68M55.65M55.65M
Other Cashflows From Financing Activities-1.95M-906k-687k-687k
Total Cash From Financing Activities50.38M-59.58M54.97M54.97M
Effect Of Exchange Rate107k-699k-445k-903k
Change In Cash1.91M-2.36M-6.72M-3.96M
Dividends Paid----