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For the nine months ended 31 January 2018, Groundstar Resources Ltd revenues decreased 90% to $19K. Net loss decreased 35% to $354K. Revenues reflect Oil sales decrease of 87% to $25K, Royalties increase of 19% to $6K. Lower net loss reflects Shareholder indemnity loss decrease of 75% to $54K (expense), Tax and other decrease of 98% to $1K (expense), Depletion and depreciation decrease of 90% to $6K (expense).
Period Ending: | Jan 31, 2018 | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 |
---|---|---|---|---|
Total Revenue | 0 | 0.02 | 0.02 | 0.03 |
Gross Profit | 0 | -0.01 | -0 | -0.01 |
Operating Income | -0.05 | -0.22 | -0.09 | -0.18 |
Net Income | -0.06 | -0.29 | -0.11 | -0.22 |
Period Ending: | Jan 31, 2018 | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 |
---|---|---|---|---|
Total Assets | 0.32 | 0.33 | 0.35 | 0.4 |
Total Liabilities | 1.99 | 1.82 | 1.66 | 1.59 |
Total Equity | -1.66 | -1.49 | -1.31 | -1.19 |
Period Ending: | Jan 31, 2018 | Oct 31, 2017 | Jul 31, 2017 | Apr 30, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.07 | -0.16 | -0.05 | -0.35 |
Cash From Investing Activities | 0 | 0 | 0 | -0.05 |
Cash From Financing Activities | 0.1 | 0.08 | 0.3 | |
Net Change in Cash | -0.09 | -0.09 | -0.06 | -0.13 |
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