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For the six months ended 30 June 2015, Frontier Rare Earths Limited SA revenues decreased 71% to $79K. Net loss increased from $1.2M to $2.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Foreign exchange (gains)/ losses increase from $512K to $1.3M (expense), Other operating expenses increase of 48% to $891K (expense).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 0 | 0.08 | 0.01 | 0.11 |
Gross Profit | ||||
Operating Income | -0.72 | -2.47 | -3.13 | -2.38 |
Net Income | -0.36 | -2.26 | -1.84 | -1.93 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 51.2 | 52.07 | 55.97 | 58.91 |
Total Liabilities | -0.82 | -0.76 | -0.34 | -0.77 |
Total Equity | 52.02 | 52.84 | 56.3 | 59.67 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -1.67 | -0.78 | -4.5 | -2.94 |
Cash From Investing Activities | -1.34 | -0.59 | -5.26 | -3.69 |
Cash From Financing Activities | 0.12 | 0.1 | 2.07 | 1.52 |
Net Change in Cash | -4.19 | -2.97 | -9.99 | -6.45 |
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