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For the six months ended 30 April 2016, Raimount Energy Inc revenues decreased 42% to C$95K. Net loss decreased 79% to C$354K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Interest Expense, Supplemental decrease of 92% to C$12K (expense), Depletion, depreciation and impairment decrease of 59% to C$24K (expense).
Period Ending: | Apr 30, 2016 | Jan 31, 2016 | Oct 31, 2015 | Jul 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.05 | 0.05 | 0.04 | 0.06 |
Gross Profit | -0.01 | 0.01 | -0.01 | -0.01 |
Operating Income | -0.29 | -0.2 | -0.48 | -0.25 |
Net Income | -0.21 | -0.14 | -0.35 | -0.28 |
Period Ending: | Apr 30, 2016 | Jan 31, 2016 | Oct 31, 2015 | Jul 31, 2015 |
---|---|---|---|---|
Total Assets | 8.76 | 9.03 | 7.75 | 9.14 |
Total Liabilities | 0.93 | 0.98 | 1.04 | 2.07 |
Total Equity | 7.83 | 8.04 | 6.72 | 7.07 |
Period Ending: | Apr 30, 2016 | Jan 31, 2016 | Oct 31, 2015 | Jul 31, 2015 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -0.48 | -0.18 | -1.37 | -0.43 |
Cash From Investing Activities | -0.04 | -0.03 | -0.1 | -0.05 |
Cash From Financing Activities | 1.46 | 1.46 | -0.03 | -0.03 |
Net Change in Cash | 0.94 | 1.25 | -1.5 | -0.51 |
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