ARB IOT Group (ARBB) Financial Statements
Price: $0.71
Market Cap: $18.77M
Avg Volume: 3.72M
Market Cap: $18.77M
Avg Volume: 3.72M
Country: MY
Industry: Information Technology Services
Sector: Technology
Industry: Information Technology Services
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of ARB IOT Group.
Income Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 |
|---|---|---|---|---|---|
| Revenue | $58.19M | $242.13M | $443.02M | $50.32M | $39.05M |
| Cost of Revenue | $78.52M | $192.21M | $344.86M | $40.06M | $32.83M |
| Gross Profit | $-20.34M | $49.92M | $98.17M | $10.26M | $6.22M |
| Gross Profit Ratio | -34.90% | 20.62% | 22.20% | 20.39% | 15.93% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $46.42M | $2.86M | $10.19M | $2.84M | $1.11M |
| Selling and Marketing Expenses | $- | $25.90M | $- | $- | $- |
| Selling General and Administrative Expenses | $46.42M | $28.76M | $10.19M | $2.84M | $1.11M |
| Other Expenses | $-66.76M | $- | $323.90K | $12.98M | $- |
| Operating Expenses | $-20.34M | $28.76M | $10.19M | $2.84M | $1.11M |
| Cost and Expenses | $58.19M | $220.97M | $355.05M | $42.90M | $33.94M |
| Interest Income | $- | $- | $- | $- | $193.00K |
| Interest Expense | $10.31K | $4.24K | $6.08K | $- | $- |
| Depreciation and Amortization | $56.31M | $38.41M | $16.47M | $1.52M | $1.03M |
| EBITDA | $-9.19M | $60.31M | $104.77M | $21.92M | $6.14M |
| EBITDA Ratio | -15.80% | 24.91% | 23.65% | 43.57% | 15.73% |
| Operating Income | $- | $21.11M | $88.30M | $20.40M | $5.11M |
| Operating Income Ratio | 0.00% | 8.72% | 19.93% | 40.54% | 13.09% |
| Total Other Income Expenses Net | $-65.51M | $783.00K | $317.81K | $- | $193.11K |
| Income Before Tax | $-65.51M | $21.89M | $88.29M | $20.40M | $5.30M |
| Income Before Tax Ratio | -112.59% | 9.04% | 19.93% | 40.54% | 13.58% |
| Income Tax Expense | $-10.82M | $-5.64M | $14.91M | $1.54M | $159.31K |
| Net Income | $-54.69M | $25.83M | $73.38M | $18.86M | $5.15M |
| Net Income Ratio | -93.99% | 10.67% | 16.56% | 37.48% | 13.18% |
| EPS | $-2.07 | $1.17 | $7.34 | $0.17 | $0.00 |
| EPS Diluted | $-2.07 | $1.17 | $7.34 | $0.17 | $0.00 |
| Weighted Average Shares Outstanding | 26.44M | 22.00M | 10.00M | 26.25M | - |
| Weighted Average Shares Outstanding Diluted | 26.44M | 22.00M | 10.00M | 26.25M | - |
| SEC Filing | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $9.99M | $31.45M | $28.17M | $8.11M | $6.60M |
| Short Term Investments | $- | $5.02M | $5.02M | $- | $7.40M |
| Cash and Short Term Investments | $9.99M | $61.21M | $28.17M | $8.11M | $14.00M |
| Net Receivables | $37.36M | $67.46M | $101.16M | $30.38M | $43.47M |
| Inventory | $- | $- | $5.01M | $-6.72M | $- |
| Other Current Assets | $23.37M | $38.54M | $21.54K | $15.47M | $- |
| Total Current Assets | $70.72M | $167.21M | $134.37M | $47.24M | $57.47M |
| Property Plant Equipment Net | $113.43M | $111.87M | $55.19M | $- | $14.08M |
| Goodwill | $29.88M | $29.88M | $29.88M | $22.15M | $- |
| Intangible Assets | $58.87M | $86.75M | $109.17M | $46.59M | $- |
| Goodwill and Intangible Assets | $88.76M | $116.63M | $139.05M | $68.74M | $- |
| Long Term Investments | $- | $- | $- | $5.40M | $5.40M |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $- | $- | $- | $- | $- |
| Total Non-Current Assets | $202.19M | $228.50M | $194.24M | $74.14M | $19.48M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $272.91M | $395.70M | $328.61M | $121.38M | $76.94M |
| Account Payables | $300.00K | $7.20M | $9.04M | $2.50M | $27.34M |
| Short Term Debt | $127.94K | $121.69K | $108.07K | $- | $12.42M |
| Tax Payables | $26.67K | $2.18M | $6.08M | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $1.13M | $16.05M | $777.62K | $25.61M | $3.79K |
| Total Current Liabilities | $1.58M | $25.56M | $16.00M | $28.12M | $39.76M |
| Long Term Debt | $10.95K | $138.90K | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $7.24M | $18.35M | $18.11M | $9.28M | $- |
| Other Non-Current Liabilities | $- | $-15.76M | $1 | $- | $- |
| Total Non-Current Liabilities | $7.25M | $2.73M | $18.11M | $9.28M | $- |
| Other Liabilities | $- | $48.58M | $- | $- | $- |
| Total Liabilities | $8.83M | $76.87M | $34.12M | $37.40M | $39.76M |
| Preferred Stock | $- | $- | $- | $- | $1 |
| Common Stock | $23.31M | $23.31M | $4.42K | $4 | $4 |
| Retained Earnings | $74.81M | $129.76M | $101.97M | $25.12M | $6.46M |
| Accumulated Other Comprehensive Income Loss | $1.38M | $1.10M | $101.97M | $25.12M | $0 |
| Other Total Stockholders Equity | $164.58M | $164.58M | $90.20M | $80.26M | $30.59M |
| Total Stockholders Equity | $264.08M | $318.74M | $294.15M | $80.26M | $37.04M |
| Total Equity | $264.08M | $319.11M | $294.49M | $83.98M | $37.04M |
| Total Liabilities and Stockholders Equity | $272.91M | $395.70M | $328.61M | $121.38M | $76.81M |
| Minority Interest | $400 | $363.67K | $342.34K | $3.72M | $- |
| Total Liabilities and Total Equity | $272.91M | $395.70M | $328.61M | $121.38M | $76.81M |
| Total Investments | $- | $5.02M | $5.02M | $5.40M | $12.80M |
| Total Debt | $138.90K | $260.59K | $108.07K | $- | $12.42M |
| Net Debt | $-9.85M | $-31.19M | $-28.06M | $-8.11M | $5.83M |
Cash Flow Statement
| Breakdown | June 30, 2024 | June 30, 2023 | June 30, 2022 | June 30, 2021 | June 30, 2020 |
|---|---|---|---|---|---|
| Net Income | $-65.51M | $21.89M | $88.29M | $20.40M | $5.15M |
| Depreciation and Amortization | $56.31M | $38.41M | $16.47M | $1.52M | $1.03M |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $65.73M | $-5.73M | $-74.90M | $-5.83M | $-45.48M |
| Accounts Receivables | $72.03M | $-3.81M | $-70.31M | $19.82M | $-45.49M |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $-6.18M | $10.05M | $-1.81M | $- | $- |
| Other Working Capital | $-108.79K | $-11.97M | $-2.78M | $-25.64M | $3.68K |
| Other Non Cash Items | $163.75K | $-145.18K | $-101.42K | $-12.97M | $27.48M |
| Net Cash Provided by Operating Activities | $56.69M | $54.43M | $29.76M | $3.13M | $-11.83M |
| Investments in Property Plant and Equipment | $-30.00M | $-72.38M | $-134.02M | $- | $-6.72M |
| Acquisitions Net | $-262.50K | $1.30K | $-8.00M | $-18.26M | $- |
| Purchases of Investments | $-1.00K | $- | $72.60M | $- | $- |
| Sales Maturities of Investments | $- | $10 | $5.40M | $- | $- |
| Other Investing Activities | $1.36M | $-24.73M | $-72.60M | $-6.72M | $-5.20M |
| Net Cash Used for Investing Activities | $-28.91M | $-97.12M | $-136.62M | $-24.99M | $-11.92M |
| Debt Repayment | $-132.00K | $-132.00K | $-121.00K | $- | $- |
| Common Stock Issued | $- | $23.30M | $137.04M | $24.55M | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-49.40M | $44.97M | $-10.00M | $-1.18M | $30.14M |
| Net Cash Used Provided by Financing Activities | $-49.53M | $44.83M | $126.92M | $23.37M | $30.14M |
| Effect of Forex Changes on Cash | $278.45K | $1.10M | $-6 | $- | $199.70K |
| Net Change in Cash | $-21.47M | $3.28M | $20.07M | $1.51M | $6.60M |
| Cash at End of Period | $9.99M | $31.45M | $28.17M | $8.11M | $6.60M |
| Cash at Beginning of Period | $31.45M | $28.17M | $8.11M | $6.60M | $- |
| Operating Cash Flow | $56.69M | $54.43M | $29.76M | $3.13M | $-11.83M |
| Capital Expenditure | $-30.00M | $-72.38M | $-134.02M | $- | $-6.72M |
| Free Cash Flow | $26.69M | $-17.96M | $-104.26M | $3.13M | $-18.55M |