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For the six months ended 31 December 2019, Spectrum Metals Ltd revenues increased from A$7K to A$64K. Net loss increased from A$469K to A$2.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Share based payments increase from A$64K to A$1.5M (expense), Professional services expense increase from A$181K to A$874K (expense).
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 0.06 | 0.01 | 0.01 | 0 |
Gross Profit | -0.04 | -0.3 | ||
Operating Income | -2.58 | -1.1 | -0.47 | -0.79 |
Net Income | -2.58 | -1.1 | -0.47 | -0.79 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 13.68 | 7.55 | 2.87 | 1.64 |
Total Liabilities | 0.87 | 0.51 | 0.08 | 0.04 |
Total Equity | 12.81 | 7.04 | 2.8 | 1.6 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.88 | -0.63 | -0.36 | -0.45 |
Cash From Investing Activities | -4.48 | -2.04 | -0.43 | -0.32 |
Cash From Financing Activities | 6.89 | 5.28 | 0.55 | 1.71 |
Net Change in Cash | 1.53 | 2.62 | -0.23 | 0.93 |
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