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For the six months ended 31 December 2015, General Mining Corp Ltd revenues decreased 64% to A$12K. Net loss increased from A$457K to A$1.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Staff costs increase from A$32K to A$187K (expense), Travel, accommodation and entertainment increase from A$0K to A$48K (expense).
Period Ending: | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Revenue | 0.01 | 0.02 | 0.03 | 0.01 |
Gross Profit | ||||
Operating Income | -1.3 | -0.6 | -0.46 | -0.28 |
Net Income | -1.3 | -0.6 | -0.46 | -0.3 |
Period Ending: | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Assets | 12.78 | 1.12 | 0.84 | 1.06 |
Total Liabilities | 1.15 | 0.93 | 0.89 | 0.66 |
Total Equity | 11.64 | 0.19 | -0.05 | 0.41 |
Period Ending: | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -1.47 | -0.56 | -0.02 | -0.29 |
Cash From Investing Activities | -0.5 | -0.07 | -0.05 | -0.14 |
Cash From Financing Activities | 12.22 | 0.84 | 0 | 0.41 |
Net Change in Cash | 10.25 | 0.22 | -0.07 | -0.02 |
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