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For the fiscal year ended 30 June 2018, Merlin Diamonds Ltd revenues increased 23% to A$1.1M. Net loss decreased 27% to A$15.2M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Impairment of capitalised development co decrease of 26% to A$7.8M (expense), Impairment of other receivable decrease of 56% to A$1.6M (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.58 | 0.55 | 0.49 | 0.43 |
Gross Profit | ||||
Operating Income | -6.35 | -7.23 | -5.22 | -15.09 |
Net Income | -6.05 | -9.18 | -5.08 | -15.69 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 5.37 | 8.19 | 8.69 | 7.58 |
Total Liabilities | 12.49 | 11.6 | 10.28 | 10.55 |
Total Equity | -7.12 | -3.41 | -1.6 | -2.98 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -2.88 | -1.56 | -2.75 | -1.91 |
Cash From Investing Activities | -6.63 | -2.99 | -10.59 | -5.3 |
Cash From Financing Activities | 10.02 | 6.54 | 11.44 | 5.52 |
Net Change in Cash | 0.51 | 1.99 | -1.89 | -1.7 |
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