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For the nine months ended 31 October 2016, Wellstar Energy Corp. revenues increased from C$224K to C$942K. Net loss decreased 26% to C$470K. Revenues reflect Oil and gas sales increase from C$150K to C$656K, Other income increase from C$73K to C$287K. Lower net loss reflects Stock-based compensation decrease from C$130K (expense) to C$0K, Bank charges, interest and accretion decrease of 29% to C$141K (expense).
Period Ending: | Oct 31, 2016 | Jul 31, 2016 | Apr 30, 2016 | Jan 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.34 | 0.31 | 0.3 | 0.88 |
Gross Profit | 0.06 | 0.08 | 0.02 | 0.02 |
Operating Income | -0.15 | -0.13 | -0.19 | -0.1 |
Net Income | -0.15 | -0.13 | -0.19 | -0.54 |
Period Ending: | Oct 31, 2016 | Jul 31, 2016 | Apr 30, 2016 | Jan 31, 2016 |
---|---|---|---|---|
Total Assets | 3.86 | 3.8 | 3.84 | 3.88 |
Total Liabilities | 4.49 | 4.26 | 4.19 | 4.35 |
Total Equity | -0.63 | -0.46 | -0.35 | -0.47 |
Period Ending: | Oct 31, 2016 | Jul 31, 2016 | Apr 30, 2016 | Jan 31, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0 | -0.1 | -0.09 | -0.13 |
Cash From Investing Activities | -0.17 | -0.12 | -0.09 | -0.65 |
Cash From Financing Activities | 0.18 | 0.22 | 0.19 | 0.73 |
Net Change in Cash | 0.01 | 0 | 0.01 | -0.05 |
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