Greenwing Resources Ltd (ASX:GW1) Annual Report 2019



The latest annual report of Greenwing Resources Ltd (GW1) 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 - GW1 Annual Results

Amounts in AUD

Total Revenue
$1.33M
Gross Profit
$-201.35K
EBIT
$0.00
Net Tangible Assets
$27.95M
Net Income
$-7.55M
Capital Expenditures
-

GW1 Income Statement 2019 Annual Report

As per the latest Income Statement of GW1, the Net revenue increased by $1.04M (355%) compared to the previous period. The operating income in 2019 increased by - (-). The net income as per the annual report was $-7.55M which decreased by $-3.10M (-70%) compared to previous year.

Income Statement Report (2019/2018)

2019 2018
Total Revenue $1.33M $292.21K
Gross Profit $-201.35K $-201.35K
Operating Income - -
Income Before Tax - -
Net Income $-7.55M $-4.45M

Balance Sheet - GW1 2019 Annual Report

Read further: GW1 Balance Sheet Detailed Analysis

The latest balance sheet from annual result of Greenwing Resources Ltd showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of GW1 on the balance sheet were at $27.95M 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 (2019/2018)

2019 2018
Cash $787.37K $787.37K
Total Assets - -
Long Term Debt - -
Total Liabilities $382.20K $382.20K
Total Shareholder Equity - -
Net Tangible Assets $27.95M $27.95M

Cash Flow Statement - GW1 2019 Annual Report

The 2019 annual cash flow statement of Greenwing Resources Ltd showed that the net income decreased by $-3.10M (-70%) compared to previous reporting period. Also the capital expenditure of GW1 increased by - (-).

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

Cash Flow Statement Report (2019/2018)

2019 2018
Net Income $-7.55M $-4.45M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

Greenwing Resources Ltd Annual Report History

Income Statement

Income Statement history of Greenwing Resources Ltd (ASX:GW1)

30 Jun 2019 30 Jun 2018 30 Jun 2017
Total Revenue $1.33M $292.21K $285.49K
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 $-7.55M $-4.45M $0.00
Net Income Applicable To Common Shares - - -

Balance Sheet Statement

Balance Sheet Statement history of Greenwing Resources Ltd (ASX:GW1)

30 Jun 2019 30 Jun 2018 30 Jun 2017
Cash $787.37K $787.37K -
Total Assets - - -
Total Liab $382.20K $382.20K -
Long Term Debt - - -
Total Stockholder Equity - - -
Net Tangible Assets $27.95M $27.95M -

Cash Flow Statement

Cash Flow Statement history of Greenwing Resources Ltd (ASX:GW1)

30 Jun 2019 30 Jun 2018 30 Jun 2017
Net Income $-7.55M $-4.45M -
Capital Expenditures - - -
Dividends Paid - - -
Total Cashflows From Investing Activities - - -
Total Cash From Financing Activities - - -