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For the six months ended 31 December 2018, Longreach Oil Limited revenues decreased 18% to A$1K. Net loss increased from A$268K to A$1.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects FV Adjustments of Financial Investments increase from A$43K to A$1.3M (expense), Legal expenses increase from A$0K to A$158K (expense).
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | ||||
Operating Income | -0.31 | -0.26 | -0.23 | 0.1 |
Net Income | -1.62 | -0.26 | -0.27 | 0.1 |
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Assets | 1.07 | 2.23 | 2.1 | 2.14 |
Total Liabilities | 1.43 | 0.97 | 0.69 | 0.47 |
Total Equity | -0.36 | 1.26 | 1.41 | 1.68 |
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.07 | -0.14 | -0.05 | -0.03 |
Cash From Investing Activities | 0.13 | 0 | 0 | 0.01 |
Cash From Financing Activities | 0.06 | 0.14 | 0.05 | -0.02 |
Net Change in Cash | 0.13 | -0 | 0 | -0.04 |
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