Plandai Biotechnology Inc Financials
This page shows Plandai Biotechnology Inc (PLPL) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Tiny revenue left the business dependent on outside capital to fund losses, investment, and a tightening balance sheet.
From FY2013 through FY2015, about$11.7M of financing inflows roughly matched$11.1M of free-cash outflow, so fresh capital was largely replacing cash already consumed rather than building reserves. That is why liquidity still ended FY2015 unusually thin, with cash at$34K and a current ratio of 0.03x.
The operating model was not being supported by sales: FY2015 revenue was only
This was also an investment-intensive buildout for a company of this size: from FY2013 to FY2015, annual capital spending stayed between
Financial Health Signals
We are recalculating Plandai Biotechnology Inc's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
Plandai Biotechnology Inc passes 2 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
For every $1 of reported earnings, Plandai Biotechnology Inc generates $0.27 in operating cash flow (-$2.7M OCF vs -$10.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Plandai Biotechnology Inc earns $-9.5 in operating income for every $1 of interest expense (-$8.8M vs $929K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Plandai Biotechnology Inc generated $93K in revenue in fiscal year 2015. This represents a decrease of 65.0% from the prior year.
Plandai Biotechnology Inc's EBITDA was -$8.4M in fiscal year 2015, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 8.6% from the prior year.
Plandai Biotechnology Inc reported -$10.1M in net income in fiscal year 2015. This represents an increase of 37.2% from the prior year.
Cash & Balance Sheet
Plandai Biotechnology Inc generated -$3.6M in free cash flow in fiscal year 2015, representing cash available after capex. This represents an increase of 4.1% from the prior year.
Plandai Biotechnology Inc held $34K in cash against $0 in long-term debt as of fiscal year 2015.
Plandai Biotechnology Inc had 161M shares outstanding in fiscal year 2015. This represents an increase of 22.5% from the prior year.
Margins & Returns
Plandai Biotechnology Inc's operating margin was -9526.1% in fiscal year 2015, reflecting core business profitability. This is down 6533.3 percentage points from the prior year.
Plandai Biotechnology Inc's net profit margin was -10842.4% in fiscal year 2015, showing the share of revenue converted to profit. This is down 4803.9 percentage points from the prior year.
Capital Allocation
Plandai Biotechnology Inc invested $857K in capex in fiscal year 2015, funding long-term assets and infrastructure. This represents a decrease of 23.5% from the prior year.
PLPL Income Statement
| Metric | Q3'16 | Q2'16 | Q1'16 | Q4'15 | Q3'15 | Q2'15 | Q1'15 | Q4'14 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $100K+98.4% | $51K+23.8% | $41K | N/A | $22K-67.6% | $67K+154.3% | $26K+102.1% | $13K |
| Cost of Revenue | N/A | N/A | N/A | N/A | $181K-15.9% | $216K+34.7% | $160K-35.4% | $248K |
| Gross Profit | N/A | N/A | N/A | N/A | -$159K-7.4% | -$148K-11.1% | -$134K+43.0% | -$235K |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $193K+103.2% | $95K-22.9% | $123K | N/A | $515K+17.1% | $440K-30.9% | $636K-32.9% | $947K |
| Operating Income | -$725K-3.7% | -$699K+20.5% | -$879K | N/A | -$6.0M-416.8% | -$1.2M+21.4% | -$1.5M+55.2% | -$3.3M |
| Interest Expense | $375K+15.9% | $324K+4.5% | $310K | N/A | $296K+121.2% | $134K+13.6% | $118K-26.2% | $160K |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$1.1M-45.9% | -$750K+36.9% | -$1.2M | N/A | -$6.3M-385.2% | -$1.3M-111.6% | -$611K+93.1% | -$8.9M |
| EPS (Diluted) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PLPL Balance Sheet
| Metric | Q3'16 | Q2'16 | Q1'16 | Q4'15 | Q3'15 | Q2'15 | Q1'15 | Q4'14 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $6.6M+4.0% | $6.4M-11.7% | $7.2M-15.1% | $8.5M-14.1% | $9.9M-9.2% | $10.9M-0.5% | $10.9M+13.0% | $9.7M |
| Current Assets | $176K+1.6% | $174K+21.7% | $143K-65.9% | $418K+52.9% | $273K-76.0% | $1.1M-34.0% | $1.7M+191.2% | $594K |
| Cash & Equivalents | $8K-41.0% | $14K+142.9% | $6K-83.5% | $34K-73.7% | $128K-86.3% | $931K-36.9% | $1.5M+842.9% | $157K |
| Inventory | $54K+18.7% | $45K+631.2% | $6K+172.1% | $2K-34.8% | $4K+10.6% | $3K+43.8% | $2K-12.6% | $3K |
| Accounts Receivable | $48K+155.4% | $19K+26.0% | $15K-12.9% | $17K+143.4% | $7K-39.0% | $12K-6.0% | $12K+50.9% | $8K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $15.0M+8.3% | $13.9M-4.0% | $14.4M-14.2% | $16.8M+7.1% | $15.7M+0.1% | $15.7M+7.2% | $14.6M+10.7% | $13.2M |
| Current Liabilities | $15.4M+7.4% | $14.4M-2.9% | $14.8M-2.3% | $15.1M+81.1% | $8.4M+8.8% | $7.7M+2558.7% | $289K+27.4% | $227K |
| Long-Term Debt | N/A | N/A | N/A | N/A | $5.7M-13.5% | $6.6M-49.4% | $13.0M+11.4% | $11.6M |
| Total Equity | -$8.4M-11.9% | -$7.5M-3.7% | -$7.2M-11.0% | -$6.5M-51.8% | -$4.3M-26.2% | -$3.4M-42.4% | -$2.4M-8.1% | -$2.2M |
| Retained Earnings | -$39.3M-2.8% | -$38.2M-2.0% | -$37.5M-3.3% | -$36.3M-7.1% | -$33.9M-22.2% | -$27.8M-4.3% | -$26.6M-2.5% | -$26.0M |
PLPL Cash Flow Statement
| Metric | Q3'16 | Q2'16 | Q1'16 | Q4'15 | Q3'15 | Q2'15 | Q1'15 | Q4'14 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$391K-161.4% | -$150K+48.2% | -$288K+81.8% | -$1.6M-168.0% | -$593K-11.7% | -$530K-7383.4% | $7K+101.0% | -$760K |
| Capital Expenditures | $2K-50.2% | $4K-35.1% | $6K-94.5% | $105K+215.2% | -$91K-112.3% | $739K+608.1% | $104K+1233.1% | $8K |
| Free Cash Flow | -$393K-156.2% | -$153K+47.9% | -$294K+82.6% | -$1.7M-147.6% | -$684K+46.1% | -$1.3M-1207.8% | -$97K+87.4% | -$768K |
| Investing Cash Flow | -$2K+50.2% | -$4K+35.1% | -$6K+94.5% | -$105K-215.2% | $91K+112.3% | -$739K-608.1% | -$104K-1252.1% | -$8K |
| Financing Cash Flow | $390K+129.4% | $170K-44.4% | $305K-82.6% | $1.8M+636.7% | -$328K-150.4% | $650K-66.7% | $2.0M+553.8% | $299K |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
PLPL Financial Ratios
| Metric | Q3'16 | Q2'16 | Q1'16 | Q4'15 | Q3'15 | Q2'15 | Q1'15 | Q4'14 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | -733.4%-512.1pp | -221.3%+285.3pp | -506.6%+1290.1pp | -1796.6% |
| Operating Margin | -722.8%+659.5pp | -1382.3%+770.9pp | -2153.2% | N/A | -27544.4%-25817.3pp | -1727.1%+3860.2pp | -5587.3%+19605.8pp | -25193.0% |
| Net Margin | -1091.6%+392.5pp | -1484.1%+1428.0pp | -2912.1% | N/A | -28848.3%-26921.7pp | -1926.7%+388.7pp | -2315.4%+66003.9pp | -68319.3% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -16.5%-4.7pp | -11.8%+4.7pp | -16.5% | N/A | -63.4%-51.5pp | -11.9%-6.3pp | -5.6%+86.5pp | -92.1% |
| Current Ratio | 0.010.0 | 0.010.0 | 0.01-0.0 | 0.030.0 | 0.03-0.1 | 0.15-5.8 | 5.98+3.4 | 2.62 |
| Debt-to-Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| FCF Margin | -391.5%-88.3pp | -303.2%+417.5pp | -720.6% | N/A | -3144.1%-1252.6pp | -1891.5%-1523.7pp | -367.8%+5517.6pp | -5885.3% |
Note: Shareholder equity is negative (-$6.5M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.03), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Plandai Biotechnology Inc's annual revenue?
Plandai Biotechnology Inc (PLPL) reported $93K in total revenue for fiscal year 2015. This represents a -65.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Plandai Biotechnology Inc's revenue growing?
Plandai Biotechnology Inc (PLPL) revenue declined by 65% year-over-year, from $266K to $93K in fiscal year 2015.
Is Plandai Biotechnology Inc profitable?
No, Plandai Biotechnology Inc (PLPL) reported a net income of -$10.1M in fiscal year 2015, with a net profit margin of -10842.4%.
What is Plandai Biotechnology Inc's EBITDA?
Plandai Biotechnology Inc (PLPL) had EBITDA of -$8.4M in fiscal year 2015, measuring earnings before interest, taxes, depreciation, and amortization.
What is Plandai Biotechnology Inc's operating margin?
Plandai Biotechnology Inc (PLPL) had an operating margin of -9526.1% in fiscal year 2015, reflecting the profitability of core business operations before interest and taxes.
What is Plandai Biotechnology Inc's net profit margin?
Plandai Biotechnology Inc (PLPL) had a net profit margin of -10842.4% in fiscal year 2015, representing the share of revenue converted into profit after all expenses.
What is Plandai Biotechnology Inc's free cash flow?
Plandai Biotechnology Inc (PLPL) generated -$3.6M in free cash flow during fiscal year 2015. This represents a 4.1% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Plandai Biotechnology Inc's operating cash flow?
Plandai Biotechnology Inc (PLPL) generated -$2.7M in operating cash flow during fiscal year 2015, representing cash generated from core business activities.
What are Plandai Biotechnology Inc's total assets?
Plandai Biotechnology Inc (PLPL) had $8.5M in total assets as of fiscal year 2015, including both current and long-term assets.
What are Plandai Biotechnology Inc's capital expenditures?
Plandai Biotechnology Inc (PLPL) invested $857K in capital expenditures during fiscal year 2015, funding long-term assets and infrastructure.
What is Plandai Biotechnology Inc's current ratio?
Plandai Biotechnology Inc (PLPL) had a current ratio of 0.03 as of fiscal year 2015, which is below 1.0, which may suggest potential liquidity concerns.
What is Plandai Biotechnology Inc's return on assets (ROA)?
Plandai Biotechnology Inc (PLPL) had a return on assets of -118.4% for fiscal year 2015, measuring how efficiently the company uses its assets to generate profit.
What is Plandai Biotechnology Inc's cash runway?
Based on fiscal year 2015 data, Plandai Biotechnology Inc (PLPL) had $34K in cash against an annual operating cash burn of $2.7M. This gives an estimated cash runway of approximately 0 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Plandai Biotechnology Inc's debt-to-equity ratio negative or not reported?
Plandai Biotechnology Inc (PLPL) has negative shareholder equity of -$6.5M as of fiscal year 2015, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Plandai Biotechnology Inc's Piotroski F-Score?
Plandai Biotechnology Inc (PLPL) has a Piotroski F-Score of 2 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Plandai Biotechnology Inc's earnings high quality?
Plandai Biotechnology Inc (PLPL) has an earnings quality ratio of 0.27x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Plandai Biotechnology Inc cover its interest payments?
Plandai Biotechnology Inc (PLPL) has an interest coverage ratio of -9.5x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.