Income Statement VIP Gloves Limited

Stocks

VIP

AU000000VIP0

Medical Equipment, Supplies & Distribution

End-of-day quote National Stock Exchange of Australia Other stock markets 2025-09-29			5-day change	1st Jan Change
0.0700 ^AUD	+40.00%		-.--%	-

25-09-15	VIP Gloves Limited Reports Earnings Results for the Full Year Ended June 30, 2025	CI
25-02-09	VIP Gloves Receives Conditional AU$1 Million Loan Ahead of Placement	MT

46c3ccaffba4691b968.EsxjGq9WfM4rhbRhIzgO26_xm1o3Jxq_G9TWD1-GmN8.IZsnTdwRUaNotoU2UXVtlNqFtjlbbkLcd-WFWhP11pxw-Rts7gcWhlPW-Q

Published financial data: VIP GLOVES LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2020 (AUD)	2021 (AUD)	2022 (AUD)	2023 (AUD)	2024 (AUD)
Revenues	13.7M	48.12M	10.6M	1.74M	2.87M
Gain (Loss) on Sale of Assets, Total (Rev)	-	-	-	-	-
Other Revenues, Total	-	-	-	-	-
Total Revenues	13.7M	48.12M	10.6M	1.74M	2.87M
Cost of Goods Sold, Total	11.2M	28.96M	16.11M	3.46M	2.87M
Gross Profit	2.5M	19.17M	-5.52M	-1.71M	-358
Selling General & Admin Expenses, Total	2.21M	2.35M	1.87M	1.99M	1.14M
Provision for Bad Debts	5.68K	83.86K	472K	-110K	650K
Stock-Based Compensation (IS)	-	7.54M	697K	-	-
Depreciation & Amortization - (IS)	93.22K	146K	162K	214K	176K
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	2.31M	10.12M	3.2M	2.09M	1.97M
Operating Income	189K	9.05M	-8.72M	-3.8M	-1.97M
Interest Expense, Total	-427K	-163K	-99.95K	-393K	-337K
Interest And Investment Income	8.86K	367	273	15	666
Net Interest Expenses	-418K	-163K	-99.67K	-393K	-336K
Currency Exchange Gains (Loss)	-12.42K	509	13.85K	-	-
Other Non Operating Income (Expenses)	-53.48K	-12.66K	217K	39.65K	276K
EBT, Excl. Unusual Items	-295K	8.87M	-8.58M	-4.16M	-2.03M
Gain (Loss) On Sale Of Assets	15.61K	-	-9.2K	1.27M	-
Asset Writedown	-	-	-	-10.54M	-631K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-280K	8.87M	-8.59M	-13.43M	-2.66M
Income Tax Expense	-396K	4.15M	-1.22M	21.6K	-
Earnings From Continuing Operations	116K	4.72M	-7.38M	-13.45M	-2.66M
Net Income to Company	116K	4.72M	-7.38M	-13.45M	-2.66M
Net Income - (IS)	116K	4.72M	-7.38M	-13.45M	-2.66M
Net Income to Common Incl Extra Items	116K	4.72M	-7.38M	-13.45M	-2.66M
Net Income to Common Excl. Extra Items	116K	4.72M	-7.38M	-13.45M	-2.66M
Per Share Items
Net EPS - Basic	0	0.01	-0.01	-0.02	-0
Basic EPS - Continuing Operations	0	0.01	-0.01	-0.02	-0
Basic Weighted Average Shares Outstanding	628M	757M	787M	787M	787M
Net EPS - Diluted	0	0.01	-0.01	-0.02	-0
Diluted EPS - Continuing Operations	0	0.01	-0.01	-0.02	-0
Diluted Weighted Average Shares Outstanding	628M	795M	787M	787M	787M
Normalized Basic EPS	-0	0.01	-0.01	-0	-0
Normalized Diluted EPS	-0	0.01	-0.01	-0	-0
Dividend Per Share	-	0	-	-	-
Payout Ratio	-	24.75	-4.7	-	-
Supplemental Items
EBITDA	807K	10.22M	-7.17M	-3.07M	-1.91M
EBITA	189K	9.05M	-8.72M	-3.8M	-1.97M
EBIT	189K	9.05M	-8.72M	-3.8M	-1.97M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	141.51	46.82	14.15	-0.16	-
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	-	3.27M	-716K	-	-
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	880K	-500K	-	-
Normalized Net Income	-184K	5.54M	-5.36M	-2.6M	-1.27M
Interest on Long-Term Debt	-	-	-	63.9K	58.13K
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	146K	-	-	-
General and Administrative Expenses	1.25M	852K	686K	1.09M	580K
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-
Stock-Based Comp., Other (Total)	-	7.54M	697K	-	-
Total Stock-Based Compensation	-	7.54M	697K	-	-

Fiscal Period: June	2020 (AUD)	2021 (AUD)	2022 (AUD)	2023 (AUD)	2024 (AUD)
Assets
Cash And Equivalents	2.05M	1.69M	15.88K	453K	18.12K
Short Term Investments	506K	793K	842K	705K	680K
Total Cash And Short Term Investments	2.56M	2.48M	858K	1.16M	698K
Accounts Receivable, Total	388K	779K	2.83K	1.61K	142K
Other Receivables	35.1K	6.97K	2.24M	2.56M	-
Total Receivables	423K	786K	2.24M	2.56M	142K
Inventory	665K	5.95M	854K	0	-
Prepaid Expenses	-	104K	110K	215K	36.2K
Other Current Assets, Total	3.31M	-	-	2.56M	2.54M
Total Current Assets	6.96M	9.32M	4.06M	6.5M	3.42M
Gross Property Plant And Equipment	16.06M	21.9M	22.96M	8.58M	6.17M
Accumulated Depreciation	-2.69M	-4.12M	-5.87M	-7.68M	-6.07M
Net Property Plant And Equipment	13.36M	17.78M	17.09M	898K	105K
Deferred Tax Assets Long-Term	380K	-	-	-	-
Other Long-Term Assets, Total	-	-	-	-	-
Total Assets	20.7M	27.1M	21.15M	7.39M	3.52M
Liabilities
Accounts Payable, Total	2.1M	2.33M	3.15M	2.68M	2.17M
Accrued Expenses, Total	110K	-	-	-	-
Short-term Borrowings	1.75M	-	-	409K	48.48K
Current Portion of Long-Term Debt	2.46M	155K	155K	152K	151K
Current Portion of Leases	-	-	-	407K	428K
Current Income Taxes Payable	169K	525K	514K	-	173K
Unearned Revenue Current, Total	2.72M	158K	531K	307K	304K
Other Current Liabilities	1.75M	2.17M	2.19M	1.65M	1.54M
Total Current Liabilities	11.05M	5.34M	6.54M	5.61M	4.81M
Long-Term Debt	-	1.55M	1.44M	1.25M	1.12M
Long-Term Leases	-	-	-	773K	339K
Deferred Tax Liability Non Current	-	500K	-	-	-
Total Liabilities	11.05M	7.39M	7.98M	7.64M	6.27M
Common Stock, Total	18.56M	21.62M	21.67M	21.67M	21.67M
Retained Earnings	-8.14M	-4.59M	-11.74M	-20.82M	-23.48M
Comprehensive Income and Other	-767K	2.69M	3.24M	-1.09M	-934K
Total Common Equity	9.65M	19.72M	13.17M	-242K	-2.75M
Total Equity	9.65M	19.72M	13.17M	-242K	-2.75M
Total Liabilities And Equity	20.7M	27.1M	21.15M	7.39M	3.52M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	746M	786M	787M	787M	787M
ECS Total Common Shares Outstanding	746M	786M	787M	787M	787M
Book Value / Share	0.01	0.03	0.02	-0	-0
Tangible Book Value	9.65M	19.72M	13.17M	-242K	-2.75M
Tangible Book Value Per Share	0.01	0.03	0.02	-0	-0
Total Debt	4.21M	1.7M	1.59M	3M	2.08M
Net Debt	1.65M	-781K	735K	1.84M	1.39M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	5	5	5	3	3
Inventories - Raw Materials, Total	363K	2.31M	385K	334K	-
Inventories - Work In Process, Total	77.72K	132K	34.63K	36.57K	-
Inventories - Finished Goods, Total	225K	3.51M	913K	20.63K	-
Land - (BS)	2.96M	-	-	-	-
Buildings, Total	718K	1.72M	1.75M	278K	142K
Machinery, Total	5.47M	13.73M	14.15M	5.89M	5.89M
Full Time Employees	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	-	83.86K	699K	506K	1.02M

Fiscal Period: June	2020 (AUD)	2021 (AUD)	2022 (AUD)	2023 (AUD)	2024 (AUD)
Net Income	116K	4.72M	-7.38M	-13.45M	-2.66M
Depreciation & Amortization - CF	618K	1.25M	1.62M	877K	176K
Depreciation & Amortization, Total	618K	1.25M	1.62M	877K	176K
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	-
(Gain) Loss From Sale Of Asset	-15.61K	-	9.2K	-1.27M	-
Asset Writedown & Restructuring Costs	-	-	-	10.54M	631K
Stock-Based Compensation (CF)	-	7.54M	697K	-	-
Provision and Write-off of Bad Debts	5.68K	83.86K	472K	-110K	650K
Other Operating Activities, Total	-68.75K	-16.21K	488K	-79.1K	-
Change In Accounts Receivable	420K	-606K	61.82K	-10.09K	-501K
Change In Inventories	215K	-5.28M	4.62M	854K	-
Change In Accounts Payable	-2.14M	35.92K	876K	1.71M	-591K
Change in Unearned Revenues	2.72M	-2.56M	374K	-225K	-2.45K
Change In Income Taxes	-1.94K	356K	-2.19M	1.52M	327K
Change In Deferred Taxes	-380K	880K	-500K	-	-
Change in Other Net Operating Assets	-112K	70.81K	-6.41K	32.81K	203K
Cash from Operations	1.37M	6.48M	-856K	390K	-1.77M
Capital Expenditure	-2.27M	-3.58M	-461K	-18.04K	-3.99K
Sale of Property, Plant, and Equipment	62.61K	-	2.28K	-	-
Cash Acquisitions	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-198K	-	-	-	-
Other Investing Activities, Total	613K	701K	-	-	2.36M
Cash from Investing	-1.79M	-2.88M	-458K	-18.04K	2.36M
Short Term Debt Issued, Total	-	-	15.23K	24.47K	4.98K
Long-Term Debt Issued, Total	-	-	98.84K	1.96M	-
Total Debt Issued	-	-	114K	1.99M	4.98K
Short Term Debt Repaid, Total	-	-681K	-	-	-
Long-Term Debt Repaid, Total	-466K	-758K	-158K	-1.87M	-1.03M
Total Debt Repaid	-466K	-1.44M	-158K	-1.87M	-1.03M
Issuance of Common Stock	3.14M	10.12K	-	-	-
Common Dividends Paid	-	-1.17M	-347K	-	-
Common & Preferred Stock Dividends Paid	-	-1.17M	-347K	-	-
Other Financing Activities, Total	-57K	-201K	-	-	-
Cash from Financing	2.61M	-2.8M	-391K	119K	-1.03M
Foreign Exchange Rate Adjustments	-52.92K	-70.94K	29K	-53.29K	2.75K
Miscellaneous Cash Flow Adjustments	-	-	-	-	-
Net Change in Cash	2.14M	732K	-1.68M	437K	-435K
Supplemental Items
Cash Interest Paid	583K	217K	99.95K	393K	337K
Cash Income Tax Paid (Refund)	-	2.91M	1.47M	536K	-
Levered Free Cash Flow	-3.08M	6.67M	1.19M	-5.63M	893K
Unlevered Free Cash Flow	-2.81M	6.78M	1.26M	-5.38M	1.1M
Change In Net Working Capital	1.28M	4.1M	-4.84M	3.86M	-2.16M
Net Debt Issued / Repaid	-466K	-1.44M	-43.89K	119K	-1.03M

Fiscal Period: June	2020 (AUD)	2021 (AUD)	2022 (AUD)	2023 (AUD)	2024 (AUD)
Profitability
Return on Assets	0.62	23.65	-22.58	-16.65	-22.53
Return on Total Capital	0.93	32.05	-30.11	-27.11	-117.7
Return On Equity %	1.46	32.13	-44.86	-208.06	177.95
Return on Common Equity	1.46	32.13	-44.86	-208.06	177.95
Margin Analysis
Gross Profit Margin %	18.24	39.82	-52.07	-98.23	-0.01
SG&A Margin	16.14	4.88	17.61	113.97	39.83
EBITDA Margin %	5.9	21.23	-67.7	-176	-66.44
EBITA Margin %	1.38	18.8	-82.24	-218.21	-68.64
EBIT Margin %	1.38	18.8	-82.24	-218.21	-68.64
Income From Continuing Operations Margin %	0.85	9.8	-69.61	-771.6	-92.75
Net Income Margin %	0.85	9.8	-69.61	-771.6	-92.75
Net Avail. For Common Margin %	0.85	9.8	-69.61	-771.6	-92.75
Normalized Net Income Margin	-1.35	11.52	-50.63	-149.05	-44.21
Levered Free Cash Flow Margin	-22.46	13.87	11.26	-322.75	31.14
Unlevered Free Cash Flow Margin	-20.51	14.08	11.85	-308.65	38.48
Asset Turnover
Asset Turnover	0.72	2.01	0.44	0.12	0.53
Fixed Assets Turnover	0.96	3.09	0.61	0.19	5.72
Receivables Turnover (Average Receivables)	26.61	82.49	27.11	785.15	39.8
Inventory Turnover (Average Inventory)	14.49	8.76	4.74	8.09	-
Short Term Liquidity
Current Ratio	0.63	1.75	0.62	1.16	0.71
Quick Ratio	0.27	0.61	0.47	0.66	0.17
Operating Cash Flow to Current Liabilities	0.12	1.21	-0.13	0.07	-0.37
Days Sales Outstanding (Average Receivables)	13.75	4.42	13.46	0.46	9.2
Days Outstanding Inventory (Average Inventory)	25.26	41.69	77.05	45.09	-
Average Days Payable Outstanding	86.77	23.61	90.83	-	309.53
Cash Conversion Cycle (Average Days)	-47.76	22.5	-0.32	-	-
Long Term Solvency
Total Debt/Equity	43.6	8.64	12.09	-1.24K	-75.9
Total Debt / Total Capital	30.36	7.96	10.79	108.81	-314.86
LT Debt/Equity	-	7.86	10.91	-836.19	-53.05
Long-Term Debt / Total Capital	-	7.23	9.74	73.66	-220.08
Total Liabilities / Total Assets	53.37	27.25	37.73	103.28	177.94
EBIT / Interest Expense	0.44	55.37	-87.2	-9.67	-5.85
EBITDA / Interest Expense	1.89	63.05	-70.95	-7.44	-5.32
(EBITDA - Capex) / Interest Expense	-3.42	41.15	-75.56	-7.49	-5.34
Total Debt / EBITDA	5.21	0.17	-0.22	-1.02	-1.16
Net Debt / EBITDA	2.04	-0.08	-0.1	-0.63	-0.77
Total Debt / (EBITDA - Capex)	-2.88	0.25	-0.21	-1.02	-1.16
Net Debt / (EBITDA - Capex)	-1.13	-0.12	-0.1	-0.62	-0.77
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	17.15	251.36	-77.98	-83.55	64.53
Gross Profit, 1 Yr. Growth %	-204.95	667.05	-128.79	-68.97	-99.98
EBITDA, 1 Yr. Growth %	-123.27	1.27K	-170.22	-57.24	-37.89
EBITA, 1 Yr. Growth %	-104.54	4.68K	-196.35	-56.36	-48.25
EBIT, 1 Yr. Growth %	-104.54	4.68K	-196.35	-56.36	-48.25
Earnings From Cont. Operations, 1 Yr. Growth %	-102.42	3.96K	-256.38	82.31	-80.22
Net Income, 1 Yr. Growth %	-102.42	3.96K	-256.38	82.31	-80.22
Normalized Net Income, 1 Yr. Growth %	-93.42	-3.1K	-196.77	-51.57	-51.2
Diluted EPS Before Extra, 1 Yr. Growth %	-101.77	3.11K	-259.32	82.42	-80.23
Accounts Receivable, 1 Yr. Growth %	-39.54	100.81	-99.64	-43.02	8.74K
Inventory, 1 Yr. Growth %	-24.41	794.05	-85.65	-100	-
Net Property, Plant and Equip., 1 Yr. Growth %	-11.14	33.04	-3.86	-94.74	-88.33
Total Assets, 1 Yr. Growth %	20.16	30.91	-21.95	-65.04	-52.33
Tangible Book Value, 1 Yr. Growth %	55.61	104.24	-33.2	-101.84	1.03K
Common Equity, 1 Yr. Growth %	55.61	104.24	-33.2	-101.84	1.03K
Cash From Operations, 1 Yr. Growth %	-196.35	372.5	-113.21	-145.5	-553.51
Capital Expenditures, 1 Yr. Growth %	45.59	57.64	-87.13	-96.08	-77.89
Levered Free Cash Flow, 1 Yr. Growth %	-25.88	-316.92	-82.11	-578.89	-115.88
Unlevered Free Cash Flow, 1 Yr. Growth %	-24.41	-341.17	-81.46	-534.85	-120.51
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	9.65	102.88	-12.04	-80.97	-47.98
Gross Profit, 2 Yr. CAGR %	100.5	183.73	48.6	-70.11	-99.2
EBITDA, 2 Yr. CAGR %	-29.82	71.57	210.67	-45.2	-48.47
EBITA, 2 Yr. CAGR %	-71.18	47.43	578.93	-35.16	-52.48
EBIT, 2 Yr. CAGR %	-71.18	47.43	578.93	-35.16	-52.48
Earnings From Cont. Operations, 2 Yr. CAGR %	-77.65	-0.84	697.27	68.85	-39.95
Net Income, 2 Yr. CAGR %	-77.65	-0.84	697.27	68.85	-39.95
Normalized Net Income, 2 Yr. CAGR %	-64.43	40.57	439.24	-31.54	-51.38
Diluted EPS Before Extra, 2 Yr. CAGR %	-82.92	-24.68	614.75	70.21	-39.94
Accounts Receivable, 2 Yr. CAGR %	-25.7	10.19	-91.46	-95.45	609.72
Inventory, 2 Yr. CAGR %	-57.67	159.96	13.26	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-4.49	8.73	13.09	-77.52	-92.17
Total Assets, 2 Yr. CAGR %	1.42	25.42	1.08	-47.77	-59.18
Tangible Book Value, 2 Yr. CAGR %	44.02	78.28	16.81	-88.91	-54.33
Common Equity, 2 Yr. CAGR %	44.02	78.28	16.81	-88.91	-54.33
Cash From Operations, 2 Yr. CAGR %	127.93	113.37	-20.98	-75.48	43.65
Capital Expenditures, 2 Yr. CAGR %	-21.37	51.5	-54.96	-92.9	-90.69
Levered Free Cash Flow, 2 Yr. CAGR %	225.65	26.8	-37.71	-8.19	-12.81
Unlevered Free Cash Flow, 2 Yr. CAGR %	323.15	35.02	-33.13	-10.9	-5.56
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14.88	61.66	-3.22	-49.7	-60.94
Gross Profit, 3 Yr. CAGR %	35.02	213.58	32.34	-11.84	-97.38
EBITDA, 3 Yr. CAGR %	-32.39	84.02	27.39	60.4	-42.87
EBITA, 3 Yr. CAGR %	-60.93	58.4	27.94	171.97	-39.85
EBIT, 3 Yr. CAGR %	-60.93	58.4	27.94	171.97	-39.85
Earnings From Cont. Operations, 3 Yr. CAGR %	-67.91	26.62	15.42	387.54	-17.39
Net Income, 3 Yr. CAGR %	-67.91	26.62	15.42	387.54	-17.39
Normalized Net Income, 3 Yr. CAGR %	-56.28	56.07	24.12	141.48	-38.85
Diluted EPS Before Extra, 3 Yr. CAGR %	-74.35	-2.19	-3.31	352.9	-16.95
Accounts Receivable, 3 Yr. CAGR %	-47.61	3.49	-83.6	-83.92	-43.23
Inventory, 3 Yr. CAGR %	-44.35	17.01	-1.02	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	9.16	6.66	4.36	-59.34	-81.93
Total Assets, 3 Yr. CAGR %	4.86	10.43	7.08	-29.05	-49.34
Tangible Book Value, 3 Yr. CAGR %	19.1	61.81	28.53	-70.71	-48.16
Common Equity, 3 Yr. CAGR %	19.1	61.81	28.53	-70.71	-48.16
Cash From Operations, 3 Yr. CAGR %	-9.83	190.62	-15.58	-34.26	-35.15
Capital Expenditures, 3 Yr. CAGR %	33.24	-0.85	-33.4	-80.04	-89.63
Levered Free Cash Flow, 3 Yr. CAGR %	88.1	184.4	-33.99	22.28	-48.85
Unlevered Free Cash Flow, 3 Yr. CAGR %	159.8	250.83	-30.34	24.18	-45.39
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	4.56	43.3	3.25	-31.3	-24.5
Gross Profit, 5 Yr. CAGR %	2.28	51.73	40.3	22.47	-82.81
EBITDA, 5 Yr. CAGR %	-15.36	55.18	22.39	13.35	-11.3
EBITA, 5 Yr. CAGR %	-35.41	54.87	22.42	10.82	-13.91
EBIT, 5 Yr. CAGR %	-35.41	54.87	22.42	10.82	-13.91
Earnings From Cont. Operations, 5 Yr. CAGR %	-35.6	148.06	16.01	42.07	-11.13
Net Income, 5 Yr. CAGR %	-35.6	148.06	16.01	42.07	-11.13
Normalized Net Income, 5 Yr. CAGR %	-27.35	66.42	19.43	12.24	-14.69
Diluted EPS Before Extra, 5 Yr. CAGR %	-56.64	81.57	-2.92	22.07	-20.13
Accounts Receivable, 5 Yr. CAGR %	-41.09	-29.48	-74.64	-70.34	-25.98
Inventory, 5 Yr. CAGR %	-21.06	18.22	-26.05	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	27.64	16.01	10.72	-42.78	-62.96
Total Assets, 5 Yr. CAGR %	11.93	10.45	3.33	-18.15	-27.19
Tangible Book Value, 5 Yr. CAGR %	23.91	24.51	18.18	-44.62	-15.03
Common Equity, 5 Yr. CAGR %	23.91	24.51	18.18	-44.62	-15.03
Cash From Operations, 5 Yr. CAGR %	0.06	100.41	-14.47	8.1	4.42
Capital Expenditures, 5 Yr. CAGR %	70.11	-4.98	-13.66	-65.46	-69.69
Levered Free Cash Flow, 5 Yr. CAGR %	-	13.9	20.89	80.93	-26.46
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	15.71	50.96	102.78	-21.56