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For the fiscal year ended 30 June 2017, Target Energy Limited revenues decreased 11% to A$653K. Net loss decreased 75% to A$2.3M. Revenues reflect USA Subsidiaries segment decrease of 46% to A$1.1M. Lower net loss reflects Impairment of oil and gas properties decrease from A$5.8M (expense) to A$0K. Basic Earnings per Share excluding Extraordinary Items increased from -A$0.35 to -A$0.09.
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.29 | 0.36 | 0.35 | 0.38 |
Gross Profit | -0.11 | -0.11 | -0.66 | -0.55 |
Operating Income | -0.61 | -0.32 | -0.5 | -8.02 |
Net Income | -1.07 | -1.18 | -1.14 | -7.79 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 1.58 | 1.23 | 1.03 | 1.04 |
Total Liabilities | 12.99 | 13.05 | 11.65 | 10.4 |
Total Equity | -11.41 | -11.82 | -10.62 | -9.36 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -0.22 | -0.4 | -2.26 | -0.93 |
Cash From Investing Activities | -0.22 | 0 | 1.17 | 0.12 |
Cash From Financing Activities | 0.7 | 0.33 | 0.26 | 0.19 |
Net Change in Cash | 0.27 | -0.07 | -0.82 | -0.6 |
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