LILIS ENERGY, INC.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q3 FY2020 10-Q, filed Nov 6, 2020. Its latest SEC filing is a SEC STAFF ACTION from Jan 26, 2021.

The sections below describe the company as of the FY2019 annual report.

How Did They Make Money?

FY2019 revenue

Did Revenues Turn Into Profits?

No. It lost $272.1M in FY2019.

Operating income, FY2019

−374% of revenue

▲ +2546% (Loss) vs FY2018 (−$9.3M, −13%)

Net income, FY2019

−412% of revenue

▲ +6468% (Loss) vs FY2018 (−$4.1M, −6%)

How Were They Changing?

Since the FY2019 annual report

Latest quarter: Q3 FY2020, the three months to Sep 30, 2020

Revenue: ▼ −14%; vs $11.6M in Q3 FY2019
Net income: ▲ +265% (Loss); vs −$20.4M in Q3 FY2019

Grew. Revenue grew 166.8x in 4 years, from $396K in FY2015 to $66.1M in FY2019, about 259% a year.

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