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For the nine months ended 30 September 2016, Red Tiger Mining Inc revenues increased 5% to $7.6M. Net loss decreased 44% to $4.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Project administration decrease of 63% to $1.1M (expense), Finance charge related to transaction co decrease of 87% to $293K (expense).
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 2.93 | 4.69 | 1.95 | 1.38 |
Gross Profit | -0.47 | 0.12 | -0.21 | -11.87 |
Operating Income | -1.24 | -1.16 | -0.77 | -15.22 |
Net Income | -1.49 | -3 | -1.83 | -12.02 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 21.77 | 23.08 | 24.3 | 24.01 |
Total Liabilities | 33.91 | 33.74 | 33.79 | 31.68 |
Total Equity | -12.15 | -10.66 | -9.49 | -7.67 |
Period Ending: | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.29 | -0.3 | 0.39 | -3.43 |
Cash From Investing Activities | -0.07 | -0.05 | -0.04 | 1.88 |
Cash From Financing Activities | 0.38 | 0.41 | 0.02 | 0.12 |
Net Change in Cash | 0.02 | 0.06 | 0.36 | -1.43 |
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