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For the six months ended 31 December 2018, Verdant Minerals Ltd revenues decreased 2% to A$60K. Net loss increased from A$1.5M to A$9.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Exploration and evaluation assets impair increase from A$456K to A$8.3M (expense), Other expenses - Balancing value increase of 33% to A$530K (expense).
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Revenue | 0.06 | 0.02 | 0.06 | 0.1 |
Gross Profit | -0.34 | -0.31 | -0.44 | -0.38 |
Operating Income | -9.23 | -1.26 | -1.35 | -1.05 |
Net Income | -9.23 | -1.26 | -1.46 | -1.05 |
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Total Assets | 41.03 | 50.44 | 50.33 | 51 |
Total Liabilities | 0.28 | 0.46 | 1.05 | 1.08 |
Total Equity | 40.75 | 49.98 | 49.28 | 49.92 |
Period Ending: | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -1.07 | -2.26 | -1.04 | -1.53 |
Cash From Investing Activities | -0.67 | -3.79 | -2 | -3.22 |
Cash From Financing Activities | -0.04 | 2 | 0 | -0.89 |
Net Change in Cash | -1.79 | -4.05 | -3.04 | -5.64 |
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