MC Mining Limited (ASX:MCM) Annual Report 2020



The latest annual report of MC Mining Limited (MCM) was published on 30 Jun 2020. 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 - MCM Annual Results

Amounts in USD

Total Revenue
$24.09M
Gross Profit
$-6.63M
EBIT
$-57.20M
Net Tangible Assets
$147.67M
Net Income
$-16.92M
Capital Expenditures
-

MCM Income Statement 2020 Annual Report

As per the latest Income Statement of MCM, the Net revenue decreased by $-14.89M (-38%) compared to the previous period. The operating income in 2020 increased by - (-). The net income as per the annual report was $-16.92M which increased by $32.43M (66%) compared to previous year.

Income Statement Report (2020/2019)

2020 2019
Total Revenue $24.09M $38.98M
Gross Profit $-6.63M $-6.63M
Operating Income - -
Income Before Tax - -
Net Income $-16.92M $-49.35M

Balance Sheet - MCM 2020 Annual Report

Read further: MCM Balance Sheet Detailed Analysis

The latest balance sheet from annual result of MC Mining Limited showed the company increased the cash on balance sheet by $0.00 (0%). The Net tangible assets of MCM on the balance sheet were at $147.67M 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 (2020/2019)

2020 2019
Cash $7.72M $7.72M
Total Assets - -
Long Term Debt - -
Total Liabilities $14.09M $14.09M
Total Shareholder Equity - -
Net Tangible Assets $147.67M $147.67M

Cash Flow Statement - MCM 2020 Annual Report

The 2020 annual cash flow statement of MC Mining Limited showed that the net income increased by $32.43M (66%) compared to previous reporting period. Also the capital expenditure of MCM increased by - (-).

As of 2020, the total cash from investing activities was - and total cash from financing activities was -.

Cash Flow Statement Report (2020/2019)

2020 2019
Net Income $-16.92M $-49.35M
Capital Expenditures - -
Dividends Paid - -
Total Cash From From Investing Activities - -
Total Cash From From Financing Activities - -

MC Mining Limited Annual Report History

Income Statement

Income Statement history of MC Mining Limited (ASX:MCM)

30 Jun 2020 30 Jun 2019 30 Jun 2018 30 Jun 2017
Total Revenue $24.09M $38.98M $45.31M $0.00
Cost Of Revenue $0.00 $0.00 $0.00 $0.00
Gross Profit $0.00 $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 $0.00
Operating Income - - - -
Total Other Income Expense Net - - - -
Ebit $0.00 $0.00 $0.00 $0.00
Interest Expense - - - -
Income Before Tax - - - -
Income Tax Expense $0.00 $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 $-16.92M $-49.35M $-140.56M $-19.80M
Net Income Applicable To Common Shares - - - -

Balance Sheet Statement

Balance Sheet Statement history of MC Mining Limited (ASX:MCM)

30 Jun 2020 30 Jun 2019 30 Jun 2018 30 Jun 2017
Cash $7.72M $7.72M - -
Total Assets - - - -
Total Liab $14.09M $14.09M - -
Long Term Debt - - - -
Total Stockholder Equity - - - -
Net Tangible Assets $147.67M $147.67M - -

Cash Flow Statement

Cash Flow Statement history of MC Mining Limited (ASX:MCM)

30 Jun 2020 30 Jun 2019 30 Jun 2018 30 Jun 2017
Net Income $-16.92M $-49.35M - -
Capital Expenditures - - - -
Dividends Paid - - - -
Total Cashflows From Investing Activities - - - -
Total Cash From Financing Activities - - - -