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For the three months ended 31 March 2017, WesternZagros Resources Ltd. revenues increased from $565K to $5.1M. Net loss increased from $3.1M to $255.7M. Revenues reflect Oil sales increase from $915K to $7.6M. Higher net loss reflects Depletion and depreciation increase from $501K to $3.2M (expense), Other SGA decrease from $741K (income) to $0K, Share-based payments increase from $121K to $456K (expense).
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 5.14 | 4.93 | 4.62 | 4.32 |
Gross Profit | 3.77 | 3.55 | 3.2 | 2.78 |
Operating Income | -255.77 | 18.15 | -2.09 | -3.08 |
Net Income | -255.73 | 18.2 | -2.02 | -3.06 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 120.69 | 378.95 | 368.63 | 371.29 |
Total Liabilities | 21.05 | 24.07 | 32.09 | 32.92 |
Total Equity | 99.64 | 354.88 | 336.54 | 338.37 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 5.01 | -1.59 | -3.53 | -0.98 |
Cash From Investing Activities | -7.23 | -22.09 | -12.12 | -13.39 |
Cash From Financing Activities | 0 | 0 | 0 | 0 |
Net Change in Cash | -2.22 | -23.68 | -15.65 | -14.37 |
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