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For the nine months ended 30 September 2019, Hyduke Energy Services Inc revenues decreased 80% to C$4.3M. Net income before extraordinary items totaled C$1.9M vs. loss of C$4.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects General administrative expenses decrease of 38% to C$4M (expense), Selling and distribution expenses decrease of 54% to C$342K (expense).
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 0.97 | 1.73 | 1.58 | 3.11 |
Gross Profit | 0.76 | 1.01 | 0.18 | 0.4 |
Operating Income | -0.1 | -0.65 | -1.69 | -4.93 |
Net Income | -0.06 | 2.7 | -0.73 | -5.46 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 2.11 | 2.44 | 9.02 | 11.94 |
Total Liabilities | 1.72 | 1.99 | 11.27 | 13.46 |
Total Equity | 0.39 | 0.44 | -2.25 | -1.52 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -3.74 | -3.54 | -0.49 | -1.66 |
Cash From Investing Activities | 11.34 | 11.27 | 2.63 | 1.77 |
Cash From Financing Activities | -7.53 | -7.47 | -2.46 | 0.29 |
Net Change in Cash | 0.07 | 0.27 | -0.32 | 0.4 |
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