GELOA
Description:
* "Glass
Earth, listed on both the Toronto Stock Exchange Venture Exchange (TSX-Venture)
and the New Zealand Alternative Exchange (NZAX), was established in
September 2002
to discover and develop precious metal and geothermal opportunities in New
Zealand.
The strategy adopted by Glass Earth has been to integrate all fields of
earth sciences to
provide a fuller understanding of the first two kilometres of the earth's
crust. As part of this
process a 'Data Intervention Project', in collaboration with
Geoinformatics Exploration Inc.
was completed in May 2004"
Website: http://www.glassearthlimited.com/
Recent announcements: click here
|
Year |
|
|
|
2005 |
2006 |
Average
GR |
|
|
Gross
growth rates |
|
|
|
|
|||
|
Revenue |
|
|
|
|
|
0% |
|
|
NPAT |
|
|
|
|
121% |
121% |
|
|
Total
Assets |
|
|
|
|
110% |
110% |
|
|
Net
Assets |
|
|
|
|
126% |
126% |
|
|
Per
Share figures and growth |
|||||||
|
Earnings |
|
|
|
$
(0.01) |
$
(0.02) |
|
|
|
|
|
|
|
|
42% |
42% |
|
|
Net
Assets |
|
|
|
$
0.07 |
$
0.10 |
|
|
|
|
|
|
|
|
45% |
45% |
|
|
Dividends |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Profitability |
|||||||
|
Return
on Assets |
|
|
|
-19% |
-20% |
|
|
|
Equity
Multiplier |
|
|
|
1.12 |
1.04 |
|
|
|
Return
on Equity (ROE) |
|
|
|
-21% |
-21% |
|
|
|
ROE
(avg E) |
|
|
|
-42% |
-29% |
|
|
|
Net
Profit Margin |
|
|
|
|
-21783% |
|
|
|
Dividend
payout ratio |
|
|
|
0% |
0% |
|
|
|
Liquidity |
|||||||
|
Net
working capital |
|
|
|
$1,036,000
|
$1,035,000
|
|
|
|
Current
ratio |
|
|
|
4.02 |
3.81 |
|
|
|
Acid
test ratio |
|
|
|
4.02 |
3.81 |
|
|
|
Other |
|||||||
|
Times
interest earned |
|
|
|
|
|
|
|
|
Operating
exp/income |
|
|
|
|
21883% |
|
|
|
|
|
|
|
|
|
|
|
|
Summary
Financials |
|||||||
|
Income |
|
|
|
0 |
6000 |
|
|
|
Expenses |
|
|
|
591000 |
1313000 |
|
|
|
Tax |
|
|
|
0 |
0 |
|
|
|
NPAT |
|
|
|
-591000 |
-1307000 |
|
|
|
|
|
|
|
|
|
|
|
|
Assets |
|
|
|
3127000 |
6564000 |
|
|
|
Liabilities |
|
|
|
343000 |
368000 |
|
|
|
Net
Assets |
|
|
|
2784000 |
6196000 |
|
|
| Registered Office: |
Mailing address: |
| Directors: Richard Billingsley Stephen Burns John Dow Simon Henderson Paul C Jones Glenn Laing Peter Liddle |
Secretary: Peter Liddle |
| Auditors: KPMG |
Solicitors: Kensington Swan |
| Bankers: |
Registrar: Computershare Investor Services Limited |
| Other: |
|
| Other | Last updated:14-11-2007 |
Company balance date: 31 December
Trading over the last year
