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For the three months ended 31 July 2013, True NorthEnergy Corp. revenues was not reported. Net loss increasedfrom $64K to $436K. Higher net loss reflects Office &Directors Fees increase from $45K to $403K (expense),General & Administrative increase of 77% to $24K (expense),Interest Expense increase of 75% to $9K (expense). BasicEarnings per Share excluding Extraordinary Items decreasedfrom -$0.41 to -$2.80.
Period Ending: | Jul 31, 2013 | Jul 31, 2012 | Oct 31, 2008 | Jul 31, 2008 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 25.3 | 0.62 |
Gross Profit | 20.32 | |||
Operating Income | -0.43 | -0.06 | 19.54 | -0.04 |
Net Income | -0.44 | -0.06 | 19.54 | -0.19 |
Period Ending: | Jul 31, 2013 | Jul 31, 2012 | Oct 31, 2008 | Jul 31, 2008 |
---|---|---|---|---|
Total Assets | 0.39 | 725.25 | 6.21 | |
Total Liabilities | 1.47 | 1.74 | 4.91 | |
Total Equity | -1.08 | 723.5 | 1.3 |
Period Ending: | Jul 31, 2013 | Jul 31, 2012 | Oct 31, 2008 | Jul 31, 2008 |
---|---|---|---|---|
Period Length: | 3 Months | 3 Months | 6 Months | 3 Months |
Cash From Operating Activities | -0.03 | -0 | 14.05 | 0.47 |
Cash From Investing Activities | 0 | 0 | ||
Cash From Financing Activities | 0.03 | 0 | -31.45 | -0.17 |
Net Change in Cash | -0 | -0 | -17.5 | 0.3 |
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