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For the six months ended 31 December 2019, AbileneOil and Gas Ltd revenues decreased 36% to A$17K. Net lossdecreased 33% to A$424K. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsImpairment of assets decrease from A$248K (expense) to A$0K, Corporate costs decrease of 7% to A$90K (expense), Loss onshare of associate decrease from A$4K (expense) to A$0K.
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 0.02 | 0.02 | 0.03 | 0.26 |
Gross Profit | -0.11 | -0.08 | -0.08 | 0.15 |
Operating Income | -0.22 | -0.23 | -0.44 | -0.4 |
Net Income | -0.42 | -0.44 | -0.64 | -0.83 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 4.8 | 4.95 | 5.19 | 5.67 |
Total Liabilities | 6.19 | 5.93 | 5.76 | 5.84 |
Total Equity | -1.4 | -0.98 | -0.57 | -0.17 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.08 | -0.28 | -0.13 | -0.25 |
Cash From Investing Activities | 0.11 | 0.54 | 0.35 | 0.13 |
Cash From Financing Activities | -0.07 | -0.49 | -0.33 | 0.42 |
Net Change in Cash | -0.04 | -0.23 | -0.11 | 0.29 |
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