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For the nine months ended 30 September 2016, Glori Energy Inc revenues decreased 51% to $3.6M. Net loss decreased 1% to $9.1M. Revenues reflect Oil and Gas segment decrease of 44% to $3.3M, AERO Services segment decrease of 82% to $246K. Lower net loss reflects Oil and Gas segment loss decrease of 47% to $2.4M, Corporate segment loss decrease of 24% to $4.7M.
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 1.12 | 1.24 | 1.2 | 1.78 |
Gross Profit | ||||
Operating Income | -2.22 | -2.43 | -3.22 | -27.6 |
Net Income | -2.48 | -3.25 | -3.4 | -27.05 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 11.09 | 13.5 | 16.7 | 22.04 |
Total Liabilities | 13.3 | 13.37 | 13.36 | 15.53 |
Total Equity | -2.21 | 0.14 | 3.34 | 6.51 |
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 | -4.19 | -3.26 | -2.04 | -9.71 |
Cash From Investing Activities | -1.53 | -1.39 | -0.98 | -3.01 |
Cash From Financing Activities | -0.95 | -0.58 | -0.32 | -8.65 |
Net Change in Cash | -6.67 | -5.24 | -3.33 | -21.37 |
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