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For the six months ended 31 December 2015, Renaissance Minerals Limited revenues decreased 74% to A$15K. Net loss decreased 36% to A$2.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Exploration expensed decrease of 34% to A$1.4M (expense), Loss on write down of financial assets decrease from A$294K (expense) to A$0K.
Period Ending: | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Revenue | 0.02 | 0.03 | 0.06 | 0.04 |
Gross Profit | ||||
Operating Income | -2.13 | -3.74 | -3.03 | -3.23 |
Net Income | -2.13 | -3.56 | -3.33 | -3.4 |
Period Ending: | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Assets | 19.85 | 20.17 | 23.89 | 21.01 |
Total Liabilities | 0.41 | 0.51 | 0.67 | 0.55 |
Total Equity | 19.44 | 19.66 | 23.22 | 20.46 |
Period Ending: | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -1.94 | -5.48 | -2.72 | -4.28 |
Cash From Investing Activities | 0 | -0.07 | -0.06 | 0.37 |
Cash From Financing Activities | 1.7 | 5.61 | 5.61 | 3.77 |
Net Change in Cash | -0.24 | 0.05 | 2.83 | -0.14 |
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