IMPELUS LIMITED (ASX: IMS) – The company has an operating revenue of $25.51 million and has a normalized EBITDA of $5.93 million in the FY 2018. In line with the expectations for the FY 2018, the company reported EBITDA of $4.55 million. With an expanding client base and positive DPM performance, projected FY2019 focus
PSC in Indonesia. As at 30 June 2018, cash and cash equivalents is solid at $3.33 million. Through regular payments from $7.97 million at 31 December 2017 to $6.9 million at 30 June 2018, bank debt has decreased in the second half which is a $1.09 million reduction in H2 FY2018. The stock has been trading at $0.018 on 3 Sep 2018 which is very near to its 52-week low while the stock has undergone daily price change of 28.571%. There has been a negative change of -81.33% in the company’s performance over the last one year.
ENERGY WORLD CORPORATION LTD (ASX: EWC) – Because of decreased gas production from the Sengkang PSC in Indonesia, Gross profit has gone down from $106.4 million in 2017 by 9.1% to US $96.8m for the FY 2018. In terms of revenue, the company’s result for 2017 was $177.8 million which is down to $158.2 million in 2018 i.e. down by 11%. Due to which the company has decided not to declare any dividends for the year. Because of the cost of sales decreasing 13.9% versus only an 11.0% drop in revenues, the gross profit percentage improved. The cash held in reserve account as at June 30, 2018, is of $71.8 million. The stock has been trading at $0.018 on 3 Sep 2018, the stock has undergone daily price change of 28.571%. There has been a negative change of -67.39% in the company’s performance over the last one year.
PLC FINANCIAL SOLUTIONS LIMITED (ASX: PLC) – The revenue from ordinary activities increased 100% over the previous corresponding period to $20,000. The company has cash on hand and at the bank, an amount of $1,012,297. For the financial and business there was a net loss after tax for FY 2018 was $1,638,595 from the previous year of $1,861,620 in 2017. Ms. Chun Fong Leung was appointed as a non-executive director during the quarter. The company held a general meeting to issue up to that number of shares which when multiplied by the issue price, will raise up to $2,000,000. The stock has been trading at $0.012 on 3 Sep 2018, the stock has undergone daily price change of 20%. There has been a negative change of -50.00% in the company’s performance over the last one year.
LEIGH CREEK ENERGY LIMITED (ASX: LCK) – In Q4 2018, for LCK’s progress to commercialization and the company’s immediate near-term objective of upgrading of its 2,963.9PJ 2C resource to a 2P reserve, the successful PCD operations will be a significant milestone. Extended until December 2019, further extension and increase in the facility limit with the CBA increased to $10.5m. The company had a consolidated operating loss of $6,018,850 for the financial year to 30 June 2018. No amount has been paid or declared since the end of the previous financial year and the directors do not propose the payment of a dividend. The stock has been trading at $0.185 on 3 Sep 2018, while the stock has undergone daily price change of 15.625%. There has been a positive change of 23.08% in the company’s performance over the last one year.
AUSTSINO RESOURCES GROUP LIMITED (ASX: ANS) – To complete the A$750,000 placement of Sundance shares, Sundance Resources received funds and are in the process of issuing shares to AustSino Resources Group Limited. To raise additional capital of $2.11m at a subscription price of 1.1 cents per share the Company entered into arrangements. As at June 30, 2018, the cash and cash equivalents at the end of the period is $5.388 million. The company has negative earnings per share at -0.001 AUD and has no dividend history during the year or the previous corresponding year. The stock has been trading at $0.017 on 3 Sep 2018, while the stock has undergone daily price change of 21.429%. There has been a positive change of 55.56% in the company’s performance over the last one year.
AIRXPANDERS, INC. (ASX: AXP) – The company has reported financial results for the period ending June 30, 2018, with revenue from ordinary activities up by 291% to $3.738 million which resulted in a net loss after tax to the members as US$14.030 million which is down by 8% from the previous corresponding period of US$15.3 million. The interim dividend for the year hence decided was not to be declared i.e. nil and the company has no plans to pay dividends on its common stock. As at 30 June 2018, the company had cash, deposits, and investments of US$6.5 million. The stock has been trading at $0.135 on 3 Sep 2018, while the stock has undergone daily price change of 17.391%. There has been a negative change of -79.05% in company’s performance over the last one year.
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