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For the nine months ended 31 March 2019, FreestoneResources, Inc. revenues decreased 6% to $826K. Net lossincreased 23% to $940K. Revenues reflect Used Tire Salesdecrease of 55% to $38K, Tire Repair Revenue decrease of13% to $248K, Scrap Material Sales decrease of 15% to $37K.Higher net loss reflects General & Administrative expenseincrease of 32% to $731K (expense), Interest Expense, netincrease of 18% to $194K (expense).
Period Ending: | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 0.22 | 0.29 | 0.31 | 0.28 |
Gross Profit | -0.01 | 0.13 | 0.15 | 0.01 |
Operating Income | -0.3 | -0.15 | -0.34 | -0.36 |
Net Income | -0.35 | -0.2 | -0.38 | -0.38 |
Period Ending: | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 1.85 | 1.55 | 1.6 | 1.6 |
Total Liabilities | 5.36 | 4.7 | 4.55 | 4.48 |
Total Equity | -3.5 | -3.15 | -2.95 | -2.88 |
Period Ending: | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.38 | -0.17 | -0.14 | -0.79 |
Cash From Investing Activities | 0 | 0 | 0 | 0 |
Cash From Financing Activities | 0.37 | 0.2 | 0.15 | 0.78 |
Net Change in Cash | -0 | 0.03 | 0.01 | -0 |
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