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Company News Summary

Audinate Group Reports Net Loss of $4.14m for the Year to 30 June 2020

17 Sep 2020  |  18:34:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: FY20 Financial Statement (incl Appendix 4E)

Audinate Group reported net loss of $4.14m for the year ended 30 June 2020. Revenue from ordinary activities were $30.317m, up 7.1% from last year. Diluted EPS was (6.17) cents compared to 1.02 cents last year. Net operating cash flow was $4.83m compared to $3.62m last year. No dividend was declared.

Audinate Group Full Year Results to 30 June 2020

Year to 30 June 2020 ($A'000) Year to 30 June 2019 ($A'000)
Revenue 30,317 28,313
Pre-Tax Profit (Loss) (1,673) 642
Net Profit (Loss) (4,138) 662
Operating Cash Flow 4,835 3,616
Total Dividends (cents) nil nil
Diluted EPS (cents) (6.17) 1.02
NTA (cents) 44.03 52.03
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