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For the nine months ended 30 September 2016, First Colombia Gold Corp revenues increased from $12K to $599K. Net loss decreased 74% to $1.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Operating expenses decrease of 73% to $608K (expense), Interest expense decrease of 90% to $146K (expense).
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.3 | 0.26 | 0.04 | 0 |
Gross Profit | ||||
Operating Income | 0 | 0 | -0.01 | -0.16 |
Net Income | -0.53 | -0.51 | -0.38 | -0.06 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 0.33 | 0.33 | 0.33 | 0.35 |
Total Liabilities | 5.95 | 5.89 | 5.52 | 5.16 |
Total Equity | -5.62 | -5.56 | -5.19 | -4.82 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 0 | 0 | 0 | -0.4 |
Cash From Investing Activities | 0 | 0 | 0 | 0.09 |
Cash From Financing Activities | 0 | 0 | 0 | 0.28 |
Net Change in Cash | 0 | 0 | 0 | -0.03 |
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