Galileo Mining Ltd (ASX:GAL) Annual Report 2019



The latest annual report of Galileo Mining Ltd (GAL) was published on 30 Jun 2019. An annual report is a document that public corporations must provide annually to shareholders that describes their operations and financial conditions. Typically, an annual report will contain sections such as General corporate information, Operating and Financial highlights, Letter to shareholders from the CEO, Financial statements etc.

Key Statistics - GAL Annual Results

Amounts in AUD

Total Revenue
$0.00
Gross Profit
$568.15K
EBIT
$-764.14K
Net Tangible Assets
$47.03M
Net Income
$-1.10M
Capital Expenditures
-

GAL Income Statement 2019 Annual Report

As per the latest Income Statement of GAL, the Net revenue increased by - (-) compared to the previous period. The operating income in 2019 increased by - (-). The net income as per the annual report was $-1.10M which increased by - (-) compared to previous year.

Income Statement Report (2019/2026)

2019 2026
Total Revenue $0.00 -
Gross Profit $568.15K $568.15K
Operating Income - -
Income Before Tax - -
Net Income $-1.10M -

Balance Sheet - GAL 2019 Annual Report

Read further: GAL Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Galileo Mining Ltd showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of GAL on the balance sheet were at $47.03M which is $0.00 (0%) more than previous annual report. The total stockholder equity also increased by - (-) compared to previous reporting period.

Balance Sheet Statement Report (2019/2026)

2019 2026
Cash $9.74M $9.74M
Total Assets - -
Long Term Debt - -
Total Liabilities $131.28K $131.28K
Total Shareholder Equity - -
Net Tangible Assets $47.03M $47.03M

Cash Flow Statement - GAL 2019 Annual Report

The 2019 annual cash flow statement of Galileo Mining Ltd showed that the net income increased by - (-) compared to previous reporting period. Also the capital expenditure of GAL increased by - (-).

As of 2019, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2019/2026)

2019 2026
Net Income $-1.10M -
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

Galileo Mining Ltd Annual Report History

Income Statement

Income Statement history of Galileo Mining Ltd (ASX:GAL)

30 Jun 2019
Total Revenue $0.00
Cost Of Revenue $0.00
Gross Profit $0.00
Research Development -
Selling General Administrative -
Non Recurring -
Other Operating Expenses -
Total Operating Expenses $0.00
Operating Income -
Total Other Income Expense Net -
Ebit $0.00
Interest Expense -
Income Before Tax -
Income Tax Expense $0.00
Minority Interest -
Net Income From Continuing Ops -
Discontinued Operations -
Extraordinary Items -
Effect Of Accounting Charges -
Other Items -
Net Income $-1.10M
Net Income Applicable To Common Shares -

Balance Sheet Statement

Balance Sheet Statement history of Galileo Mining Ltd (ASX:GAL)

30 Jun 2019
Cash $9.74M
Total Assets -
Total Liab $131.28K
Long Term Debt -
Total Stockholder Equity -
Net Tangible Assets $47.03M

Cash Flow Statement

Cash Flow Statement history of Galileo Mining Ltd (ASX:GAL)

30 Jun 2019
Net Income $-1.10M
Capital Expenditures -
Dividends Paid -
Total Cashflows From Investing Activities -
Total Cash From Financing Activities -