TARGET ENERGY LIMITED Target Energy Ltd. announced consolidated financial results for the year ended June 30, 2015. For the year, the company reported revenue of AUD 2,287,188 against AUD 4,389,649 a year ago. Loss from continuing operations before income tax expense was AUD 25,975,732 against AUD 2,928,219 a year ago.
Total comprehensive loss was AUD 21,132,344 or 4.9 cents per basic share against AUD 3,575,496 or 0.6 cents per basic share a year ago. Net cash used in operating activities was AUD 859,165 against AUD 957,470 a year ago. Purchase of property, plant and equipment was AUD 11,266,499 against AUD 6,694,512 a year ago.
