SILVER HERITAGE GROUP LIMITED (ASX: SVH) – Revenue increased in 1H2018 from the prior period from commencement of operations at Tiger Palace Resort from $8.04 million in 1H 2017 to $11.28 million in 1H 2018. Group Adjusted EBITDA Property level EBITDA & was impacted by costs associated with start-up cost associated Tiger Palace, and hence was negative at -$1.88 million in 1H 2018 from positive $1.19 million in 2017. Current assets of $11,79m include $6.567 million in cash. Totaling to about US$2,403,000, company has taken several restructure and impairments in 1H2018. The stock of Silver surged by 22.727% to reach a market price of $0.027, however, the stock has had a performance change of -72.60% over the last 12 months
EDEN INNOVATIONS LIMITED (ASX: EDE) – Revenue increased in 1H2018 from $949,467 in 1H 2017 to $1,317,960 in 1H 2018. The cash and cash equivalents as at June 30, 2018 stands at $3,489,730 with no debt representing healthy balance sheet. The company has managed to reduce the loss from $11,263,770 in 2017 and $10, 824,707 in 2018. Basic or diluted loss per share decreased from (0.9138) in 2017 to (0.8267) in 2018 cents per share. During the year company has achieved significant progress towards achieving its goal of having EdenCrete. The stock of Eden Innovations traded at $0.099, the stock has undergone a performance change of -52.57% over the past 12 Months. [optin-monster-shortcode id=”swikrbu1d9j9aq0o4cko”]
THOR MINING PLC (ASX: THR) – The net result of operations for the year was a loss of marginally less £1,249,000 in 2018 compared to the loss in 2017 of £1,253,000. Thor is also set to acquiring up to a 60% interest Australian copper development company Environmental Copper Recovery SA Pty Ltd. The total cash and cash equivalents at end of period £1,374,000 with no or zero debt facility reflects a decent balance sheet. Through the exercise of warrants, Thor continued to raise funds successfully from a number of share placings to new and existing investors in the United Kingdom. The stock of Thor Mining traded at $0.029, the stock has undergone a performance change of -66.67% over the past 12 Months.
DORSAVI LTD (ASX: DVL) – Full year sales revenue was down 1% this year to $3,433,348, compared to last financial year. Sales revenue in the first half of the year grew by 12.8%, the second half revenue was impacted by the seasonal factors, operational changes and the delay of the release of DorsaVi’s Professional Suite in the US. The consolidated loss after income tax attributable to the members of DorsaVi Ltd was $3,727,073 in 2018 and $3,876,248 in 2017. In line with expectations and as a result of the release of new product, Cost of sales decreased in the 2018 financial year to $873,625. The stock of Dorsavi traded at $0.080 near its 52-week low, the stock has undergone a performance change of -73.58% over the past 12 Months.
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