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For the six months ended 31 March 2018, Falcon Gold Zimbabwe Limited revenues decreased 29% to $2.6M. Net loss before extraordinary items decreased 32% to $1.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Finance Income increase from $2K to $244K (income), General and administrative expenses decrease of 7% to $592K (expense).
Period Ending: | Mar 31, 2018 | Sep 30, 2017 | Mar 31, 2017 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 2.59 | 6.89 | 3.66 | 4.76 |
Gross Profit | -1.12 | -3.63 | -1.97 | -0.18 |
Operating Income | -1.77 | -5.03 | -2.51 | -1.78 |
Net Income | -1.7 | -0.56 | -2.39 | -0.94 |
Period Ending: | Mar 31, 2018 | Sep 30, 2017 | Mar 31, 2017 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 6.29 | 7.59 | 11.45 | 12.55 |
Total Liabilities | 20 | 19.45 | 25.15 | 23.85 |
Total Equity | -13.71 | -11.86 | -13.69 | -11.3 |
Period Ending: | Mar 31, 2018 | Sep 30, 2017 | Mar 31, 2017 | Sep 30, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 0 Months | 6 Months | 0 Months |
Cash From Operating Activities | 0.12 | 0.3 | ||
Cash From Investing Activities | 0.09 | -0.26 | ||
Cash From Financing Activities | -0.52 | -0.15 | ||
Net Change in Cash | -0.31 | -0.11 |
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