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For the six months ended 30 June 2018, Marlin Gold Mining Ltd revenues decreased 59% to C$20.4M. Net loss increased 81% to C$13M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Accretion and interest expense increase of 68% to C$5.5M (expense), Foreign exchange (loss) gain decrease from C$179K (income) to C$205K (expense).
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Revenue | 12.49 | 7.92 | 11.08 | 8.82 |
Gross Profit | 1.63 | -2.03 | -0.63 | -0.7 |
Operating Income | -1.33 | -6.24 | -23.51 | -4.64 |
Net Income | -4.39 | -8.59 | -25.4 | -6.68 |
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Assets | 99.64 | 96.45 | 82.33 | 102.89 |
Total Liabilities | 132.08 | 122.07 | 103.15 | 84.92 |
Total Equity | -32.45 | -25.62 | -20.81 | 17.97 |
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -1.74 | 2.54 | 23.76 | 24.87 |
Cash From Investing Activities | -13.04 | -11.3 | -37.9 | -26.52 |
Cash From Financing Activities | 13.94 | 12.15 | 13.46 | 0.57 |
Net Change in Cash | -0.85 | 3.56 | -0.73 | -1.09 |
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