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For the nine months ended 30 June 2018, Renewable Energy and Power Inc revenues decreased 20% to $446K. Net loss decreased 96% to $316K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Change in derivative liability increase from $814K (expense) to $842K (income), General and administrative decrease of 25% to $308K (expense).
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Revenue | 0.14 | 0.31 | 0.11 | 0.17 |
Gross Profit | 0.02 | 0.04 | 0 | -0.04 |
Operating Income | -0.07 | -0.22 | 1.26 | -0.36 |
Net Income | -0.22 | -0.1 | 1.59 | -2.32 |
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Assets | 2.12 | 1.92 | 1.8 | 1.65 |
Total Liabilities | 3.16 | 2.86 | 2.94 | 5.16 |
Total Equity | -1.03 | -0.93 | -1.14 | -3.5 |
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.2 | -0.15 | -0.1 | -0.42 |
Cash From Investing Activities | -0.07 | |||
Cash From Financing Activities | 0.2 | 0.17 | 0.1 | 0.49 |
Net Change in Cash | 0 | 0.02 | 0 | -0 |
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