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For the six months ended 31 December 2019, Great Western Exploration Limited revenues decreased 92% to A$1K. Net loss increased from A$378K to A$776K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Impairment of mineral exploration expend increase from A$7K to A$401K (expense), Director's fees increase of 18% to A$95K (expense).
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 0 | 0.01 | 0.01 | 0.01 |
Gross Profit | -0.06 | -0.06 | -0.06 | -0.14 |
Operating Income | -0.78 | -0.35 | -0.38 | -0.45 |
Net Income | -0.78 | -0.35 | -0.38 | -0.45 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 10.68 | 11.43 | 10.77 | 10.85 |
Total Liabilities | 0.35 | 0.33 | 0.32 | 0.32 |
Total Equity | 10.33 | 11.11 | 10.45 | 10.53 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -1 | -2.04 | -1.11 | -2.88 |
Cash From Investing Activities | 0.07 | 0.78 | 0.95 | -1.09 |
Cash From Financing Activities | 0 | 1 | 0 | 4.55 |
Net Change in Cash | -0.94 | -0.25 | -0.16 | 0.57 |
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