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For the six months ended 30 June 2021, GalaxyResources Limited revenues increased 66% to $38.7M. Netincome totaled $64.3M vs. loss of $22.2M. Revenues reflectSale of Spodumene concentrate increase of 57% to $35.5M,Revenue from shipping activities increase from $699K to$3.2M. Net Income reflects Impairment of Fixed Assetsdecrease from $14.2M (expense) to $60.2M (income),Inventory write down decrease from $10.8M (expense) to $0K.
Period Ending: | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Revenue | 38.69 | 32 | 23.29 | 41.55 |
Gross Profit | 7.54 | -8.99 | -0.41 | -5.42 |
Operating Income | 53.09 | -8.5 | -27.83 | -100.58 |
Net Income | 64.29 | -9.12 | -22.19 | -111.88 |
Period Ending: | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Assets | 462.1 | 387.04 | 269.9 | 316.1 |
Total Liabilities | 64.97 | 55.98 | 55.17 | 75.26 |
Total Equity | 397.13 | 331.05 | 214.72 | 240.84 |
Period Ending: | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 11.88 | -13.54 | -17.02 | -97.16 |
Cash From Investing Activities | -21.92 | 15.11 | -3.8 | 184.58 |
Cash From Financing Activities | -3.07 | 109.42 | -4.26 | -9.72 |
Net Change in Cash | -10.33 | 109.53 | -26.21 | 76.15 |
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