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For the fiscal year ended 30 June 2018, Nemex Resources Ltd revenues increased 40% to A$322K. Net loss decreased 65% to A$564K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Impairment of investment in associate decrease from A$472K (expense) to A$0K, Impairment of loan to associate decrease of 38% to A$622K (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.15 | 0.17 | 0.11 | 0.12 |
Gross Profit | ||||
Operating Income | -0.27 | -0.29 | -1.49 | -0.03 |
Net Income | -0.27 | -0.3 | -1.57 | -0.03 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 0.06 | 0.22 | 0.41 | 1.92 |
Total Liabilities | 0.25 | 0.14 | 0.11 | 0.05 |
Total Equity | -0.19 | 0.08 | 0.3 | 1.88 |
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 | -0.13 | -0.1 | -0.21 | -0.14 |
Cash From Investing Activities | 0 | 0 | -0 | -0 |
Cash From Financing Activities | 0.09 | 0.07 | 0 | 0 |
Net Change in Cash | -0.04 | -0.03 | -0.21 | -0.14 |
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