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For the six months ended 31 October 2019, Petro River Oil Corp revenues decreased 40% to $593K. Net income totaled $2.3M vs. loss of $989K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects General and administrative decrease of 28% to $659K (expense), Loss on legal settlement decrease from $75K (expense) to $0K.
Period Ending: | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 |
---|---|---|---|---|
Total Revenue | 0.27 | 0.32 | 0.32 | 0.34 |
Gross Profit | ||||
Operating Income | -0.26 | -0.36 | -1.35 | -0.61 |
Net Income | 0.76 | 1.55 | -1.04 | -3.07 |
Period Ending: | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 |
---|---|---|---|---|
Total Assets | 9.22 | 9.63 | 10.02 | 10.94 |
Total Liabilities | 3.35 | 4.52 | 6.61 | 6.64 |
Total Equity | 5.87 | 5.11 | 3.41 | 4.31 |
Period Ending: | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -0.07 | 0.1 | -0.47 | -0.46 |
Cash From Investing Activities | -0.39 | -0.24 | -1.76 | -0.79 |
Cash From Financing Activities | 0 | 0 | 3.4 | 3.34 |
Net Change in Cash | -0.46 | -0.14 | 1.17 | 2.09 |
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