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For the six months ended 31 December 2019, Spitfire Oil Limited revenues increased 3% to A$12K. Net loss decreased 65% to A$113K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Impairment of Oil & Gas Assets decrease of 91% to A$23K (expense).
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 0.01 | 0.01 | 0.01 | 0.05 |
Gross Profit | ||||
Operating Income | -0.11 | -0.61 | -0.33 | -0.91 |
Net Income | -0.11 | -0.61 | -0.33 | -0.91 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 2.04 | 2.19 | 2.78 | 3.11 |
Total Liabilities | 0.02 | 0.06 | 0.03 | 0.04 |
Total Equity | 2.02 | 2.13 | 2.74 | 3.07 |
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 | -0.1 | -0.12 | -0.06 | -0.29 |
Cash From Investing Activities | -0.02 | -0.31 | -0.25 | -0.32 |
Cash From Financing Activities | ||||
Net Change in Cash | -0.13 | -0.44 | -0.31 | -0.61 |
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