QMines Limited (ASX:QML) Annual Report 2023



The latest annual report of QMines Limited (QML) was published on 30 Jun 2023. 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 - QML Annual Results

Amounts in AUD

Total Revenue
$0.00
Gross Profit
$88.23K
EBIT
$-7.21M
Net Tangible Assets
$38.21M
Net Income
$-5.70M
Capital Expenditures
-

QML Income Statement 2023 Annual Report

As per the latest Income Statement of QML, the Net revenue increased by - (-) compared to the previous period. The operating income in 2023 increased by - (-). The net income as per the annual report was $-5.70M which decreased by $-2.53M (-80%) compared to previous year.

Income Statement Report (2023/2022)

2023 2022
Total Revenue $0.00 $0.00
Gross Profit $88.23K $88.23K
Operating Income - -
Income Before Tax - -
Net Income $-5.70M $-3.17M

Balance Sheet - QML 2023 Annual Report

Read further: QML Balance Sheet Detailed Analysis

The latest balance sheet from annual result of QMines Limited showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of QML on the balance sheet were at $38.21M 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 (2023/2022)

2023 2022
Cash $3.50M $3.50M
Total Assets - -
Long Term Debt - -
Total Liabilities $1.74M $1.74M
Total Shareholder Equity - -
Net Tangible Assets $38.21M $38.21M

Cash Flow Statement - QML 2023 Annual Report

The 2023 annual cash flow statement of QMines Limited showed that the net income decreased by $-2.53M (-80%) compared to previous reporting period. Also the capital expenditure of QML increased by - (-).

As of 2023, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2023/2022)

2023 2022
Net Income $-5.70M $-3.17M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

QMines Limited Annual Report History

Income Statement

Income Statement history of QMines Limited (ASX:QML)

30 Jun 2023 30 Jun 2022 30 Jun 2021
Total Revenue $0.00 $0.00 $0.00
Cost Of Revenue $0.00 $0.00 $0.00
Gross Profit $0.00 $0.00 $0.00
Research Development - - -
Selling General Administrative - - -
Non Recurring - - -
Other Operating Expenses - - -
Total Operating Expenses $0.00 $0.00 $0.00
Operating Income - - -
Total Other Income Expense Net - - -
Ebit $0.00 $0.00 $0.00
Interest Expense - - -
Income Before Tax - - -
Income Tax Expense $0.00 $0.00 $0.00
Minority Interest - - -
Net Income From Continuing Ops - - -
Discontinued Operations - - -
Extraordinary Items - - -
Effect Of Accounting Charges - - -
Other Items - - -
Net Income $-5.70M $-3.17M $-1.58M
Net Income Applicable To Common Shares - - -

Balance Sheet Statement

Balance Sheet Statement history of QMines Limited (ASX:QML)

30 Jun 2023 30 Jun 2022 30 Jun 2021
Cash $3.50M $3.50M -
Total Assets - - -
Total Liab $1.74M $1.74M -
Long Term Debt - - -
Total Stockholder Equity - - -
Net Tangible Assets $38.21M $38.21M -

Cash Flow Statement

Cash Flow Statement history of QMines Limited (ASX:QML)

30 Jun 2023 30 Jun 2022 30 Jun 2021
Net Income $-5.70M $-3.17M -
Capital Expenditures - - -
Dividends Paid - - -
Total Cashflows From Investing Activities - - -
Total Cash From Financing Activities - - -