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For the six months ended 30 June 2015, Candax Energy Inc revenues decreased 74% to $2.2M. Net loss increased from $1.9M to $7.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Foreign exchange loss increase from $135K to $624K (expense), General and administrative expenses increase of 42% to $909K (expense).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 0 | 2.15 | 3.1 | 5.83 |
Gross Profit | -0.84 | -1.75 | -1.67 | 0.97 |
Operating Income | -3.47 | -2.32 | 3.29 | -6.25 |
Net Income | -4.13 | -3.74 | 2.5 | -7.51 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 35.56 | 40.62 | 44.44 | 37.58 |
Total Liabilities | 61.32 | 62.11 | 62.92 | 58.86 |
Total Equity | -25.76 | -21.49 | -18.48 | -21.28 |
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 | -3.26 | 0.49 | 0.74 | -3.95 |
Cash From Investing Activities | -2.6 | -2.38 | -2.93 | -1.51 |
Cash From Financing Activities | -0.7 | -0.5 | -0.7 | -0.7 |
Net Change in Cash | -6.68 | -2.34 | -2.21 | -5.77 |
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