IEC 0.00% 0.1¢ intra energy corporation limited

Profitability

  1. 103 Posts.
    lightbulb Created with Sketch. 5
    I had a look at the December 17 quarter and to me these guy's look like they're starting become profitable

    See below my simplistic analysis of the numbers. It looked to me that they paid down some debt last quarter  (663,000) which downplayed the bottom line.

    Am I reading this correctly?

    DescriptionColumn2Dec 17 Qtr actual
    Column 1 Column 2 Column 3
    0 Coal (tons) 1 mth 44,513.67
    1 Coal (tons) 3 months 133,541
    2 Sales per month (avrge)     $ 3,280,000
    3 Sales for 1/4     $ 9,840,000
    4 Sales per annum  (based on Dec 1/4)     $   39,360,000
    5 Production cost 1/4     $ 8,478,000
    6 $ per ton     $   74
    7 Costs per ton     $ 63.49
    8 Profit per ton     $ 10.20
    9 % profit per ton   13.84%
    10 Profit on annual turnover     $ 5,448,000
    11 return per share     $    0.01528
    12 N° Shares   356,500,000
    13 Current share price     $ 0.013
    14 % profit on share   118%
 
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