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For the fiscal year ended 31 December 2019, Tap OilLimited revenues decreased 4% to $42.5M. Net incomeincreased from $13.2M to $34.3M. Revenues reflect Crude OilProduction (Bls) Manora decrease of 16% to 585K barrels.Net income reflects Takeover/defense expenditure decreasefrom $618K (expense) to $0K, National interest fromunwinding discoun decrease of 33% to $580K (expense).
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 24.93 | 17.57 | 27.07 | 17.16 |
Gross Profit | 6.82 | 4.42 | 7.6 | 2.42 |
Operating Income | 30.18 | 3.23 | 9.41 | 0.85 |
Net Income | 33.47 | 0.85 | 17.68 | -4.43 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 83.96 | 75.37 | 75.18 | 63.95 |
Total Liabilities | 35.72 | 27.11 | 27.77 | 35.3 |
Total Equity | 48.23 | 48.26 | 47.41 | 28.65 |
Period Ending: | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | 28.42 | 11.61 | 17.66 | 11.11 |
Cash From Investing Activities | -9.68 | -1.33 | -5.17 | -3.59 |
Cash From Financing Activities | -13.19 | 0 | 0 | 0 |
Net Change in Cash | 5.48 | 10.35 | 13.43 | 7.51 |
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