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For the fiscal year ended 30 June 2019, Grandbridge Limited revenues decreased 65% to A$116K. Net loss decreased 62% to A$279K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Provision against loans write-back increase from A$0K to A$341K (income), Impairment charge decrease from A$294K (expense) to A$0K.
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 0.12 | 0.18 | 0.16 | 0.17 |
Gross Profit | ||||
Operating Income | -0.11 | -0.15 | -0.06 | -0.16 |
Net Income | -0.28 | -0.22 | -0.25 | -0.48 |
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 2.18 | 2.22 | 1.69 | 1.82 |
Total Liabilities | 1.45 | 1.43 | 1.35 | 1.23 |
Total Equity | 0.73 | 0.79 | 0.33 | 0.59 |
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -0.13 | -0.08 | -0.15 | -0.13 |
Cash From Investing Activities | 0.13 | 0.07 | -0.09 | 0.08 |
Cash From Financing Activities | 0 | 0.19 | 0.08 | |
Net Change in Cash | -0 | -0 | -0.05 | -0.05 |
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