Ionix Technology, Inc. (IINX) financial statements (2021 and earlier)
Company profile
Business Address |
4F, TEA TREE B BLDG, GUWU SANWEI IND PRK SHENZHEN, GUANGDONG PROVINCE,, 518000 |
State of Incorp. | |
Fiscal Year End | June 30 |
SIC | 3841 - Surgical and Medical Instruments and Apparatus (benchmarking) |
More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | |||
---|---|---|---|---|---|---|---|---|---|
ASSETS | |||||||||
Current Assets | |||||||||
Cash, cash equivalents, and short-term investments | 1,578 | 510 | 111 | 187 | 74 | 1 | 0 | ||
Cash and cash equivalents | 1,578 | 510 | 111 | 187 | 74 | 1 | 0 | ||
Restricted cash and investments | 195 | ||||||||
Receivables | 5,204 | 3,759 | 636 | 440 | 1,481 | (13) | (18) | ||
Inventory, net of allowances, customer advances and progress billings | 3,009 | 3,379 | 227 | 53 | 248 | ✕ | |||
Inventory | 3,009 | 3,379 | 227 | 53 | 248 | ||||
Advances on inventory purchases | 91 | 129 | 3 | 119 | |||||
Intangible current assets | 110 | 110 | |||||||
Other undisclosed current assets | 917 | 879 | 346 | 11 | 190 | (37) | (62) | ||
Total current assets: | 10,798 | 8,656 | 1,324 | 809 | 2,189 | 61 | 30 | ||
Noncurrent Assets | |||||||||
Operating lease, right-of-use asset | 23 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Property, plant and equipment | 7,207 | 7,509 | |||||||
Long-term investments and receivables | 167 | ||||||||
Long-term investments | 167 | ||||||||
Intangible assets, net (including goodwill) | 1,460 | 1,496 | (21) | (11) | |||||
Intangible assets, net (excluding goodwill) | 1,460 | 1,496 | (21) | (11) | |||||
Other noncurrent assets | 54 | 84 | |||||||
Other undisclosed noncurrent assets | 25 | 53 | (167) | 21 | 11 | ||||
Total noncurrent assets: | 8,715 | 9,058 | 54 | 84 | |||||
Other undisclosed assets | 2 | ||||||||
TOTAL ASSETS: | 19,513 | 17,716 | 1,324 | 809 | 2,189 | 115 | 114 | ||
LIABILITIES AND EQUITY | |||||||||
Liabilities | |||||||||
Current Liabilities | |||||||||
Accounts payable and accrued liabilities | 3,624 | 3,101 | 390 | 191 | 806 | 44 | 32 | ||
Accounts payable | 3,417 | 2,732 | 264 | 96 | 774 | ||||
Accrued liabilities | 207 | 368 | 126 | 95 | 44 | 32 | |||
Taxes payable | 32 | ||||||||
Deferred revenue | 104 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Debt | 2,768 | 2,618 | |||||||
Derivative instruments and hedges, liabilities | 346 | ||||||||
Due to related parties | 2,087 | 2,105 | 213 | 324 | 1,131 | 133 | 109 | ||
Deferred revenue and credits | ✕ | ✕ | 60 | 30 | |||||
Customer advances and deposits | ✕ | ✕ | 72 | ✕ | |||||
Contract with customer, liability | ✕ | 114 | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Other liabilities | 44 | ||||||||
Other undisclosed current liabilities | 308 | 160 | 195 | 4 | |||||
Total current liabilities: | 8,929 | 7,938 | 911 | 747 | 2,176 | 238 | 175 | ||
Noncurrent Liabilities | |||||||||
Long-term debt and lease obligation | 17 | ||||||||
Operating lease, liability | 17 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
Liabilities, other than long-term debt | 15 | ||||||||
Deferred tax liabilities, net | ✕ | 15 | |||||||
Total noncurrent liabilities: | 17 | 15 | |||||||
Total liabilities: | 8,945 | 7,938 | 926 | 747 | 2,176 | 238 | 175 | ||
Stockholders' equity | |||||||||
Stockholders' equity attributable to parent | 10,126 | 9,335 | 398 | 62 | 13 | (122) | (61) | ||
Preferred stock | 1 | 1 | 1 | 1 | 1 | ||||
Common stock | 11 | 11 | 10 | 10 | 10 | 3 | 3 | ||
Additional paid in capital | 8,934 | 8,829 | 237 | 237 | 237 | 10 | 10 | ||
Accumulated other comprehensive income (loss) | (207) | (46) | 8 | (2) | 0 | ||||
Retained earnings (accumulated deficit) | 1,387 | 540 | 143 | (183) | (235) | (136) | (74) | ||
Stockholders' equity attributable to noncontrolling interest | 442 | 442 | |||||||
Total stockholders' equity: | 10,568 | 9,777 | 398 | 62 | 13 | (122) | (61) | ||
TOTAL LIABILITIES AND EQUITY: | 19,513 | 17,716 | 1,324 | 809 | 2,189 | 115 | 114 |
Income statement (P&L) ($ in thousands)
12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
---|---|---|---|---|---|---|---|---|
Revenues | 22,361 | 12,348 | 6,423 | 6,817 | 1,970 | 19 | ||
Cost of revenue | (18,261) | (10,153) | (5,682) | (6,483) | (1,844) | |||
Cost of goods and services sold | (5,682) | (6,483) | ||||||
Gross profit: | 4,100 | 2,195 | 741 | 334 | 126 | 19 | ||
Operating expenses | (2,668) | (1,579) | (270) | (313) | (159) | (62) | (77) | |
Other operating expense, net (Other Expenses) | (7) | (10) | ||||||
Operating income (loss): | 1,432 | 616 | 471 | 21 | (33) | (69) | (68) | |
Nonoperating income (expense) | (163) | (69) | 70 | |||||
Other nonoperating income | 70 | |||||||
Interest and debt expense | (327) | (69) | ||||||
Income (loss) from continuing operations before equity method investments, income taxes: | 943 | 478 | 471 | 91 | (33) | (69) | (68) | |
Other undisclosed income from continuing operations before income taxes | 327 | 69 | ||||||
Income (loss) from continuing operations before income taxes: | 1,269 | 547 | 471 | 91 | (33) | (69) | (68) | |
Income tax expense | (209) | (150) | (145) | (30) | (5) | (5) | ||
Income (loss) from continuing operations: | 1,060 | 397 | 326 | 62 | (38) | (69) | (73) | |
Income (loss) from discontinued operations | 40 | (7) | ||||||
Net income (loss): | 1,060 | 397 | 326 | 101 | (44) | (69) | (73) | |
Other undisclosed net income (loss) attributable to parent | (50) | 7 | 15 | |||||
Net income (loss) available to common stockholders, diluted: | 1,060 | 397 | 326 | 51 | (44) | (62) | (58) |
Comprehensive Income ($ in thousands)
12/31/2019 TTM | 6/30/2019 | 6/30/2018 | 6/30/2017 | 6/30/2016 | 6/30/2015 | 6/30/2014 | ||
---|---|---|---|---|---|---|---|---|
Net income (loss): | 1,060 | 397 | 326 | 101 | (44) | (69) | (73) | |
Comprehensive income (loss): | 1,060 | 397 | 326 | 101 | (44) | (69) | (73) | |
Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (187) | (54) | 10 | (53) | 0 | |||
Comprehensive income (loss), net of tax, attributable to parent: | 873 | 343 | 336 | 49 | (44) | (69) | (73) |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.