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For the six months ended 30 June 2018, Netz Group Ltd revenues increased 18% to $7.3M. Net income before extraordinary items totaled $3.6M vs. loss of $566K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects FV Adjustments on Investment Property decrease from $251K (expense) to $3.3M (income), Financing Expense decrease of 67% to $1.6M (expense).
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Revenue | 3.76 | 3.57 | 12.39 | 3.3 |
Gross Profit | 1.75 | 1.67 | 5.9 | 1.56 |
Operating Income | 5.07 | 0.58 | 6.7 | 0.6 |
Net Income | 1.85 | 1.7 | -1.13 | -0.11 |
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Total Assets | 119.63 | 126.57 | 122.36 | 154.67 |
Total Liabilities | 80.56 | 89.64 | 86.07 | 122.77 |
Total Equity | 39.07 | 36.92 | 36.29 | 31.9 |
Period Ending: | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 2.6 | 0.47 | 3.89 | 1.74 |
Cash From Investing Activities | 1.05 | -15.68 | 9.01 | -4.34 |
Cash From Financing Activities | -5.54 | 7.02 | -6.98 | 0.87 |
Net Change in Cash | -1.88 | -8.18 | 5.46 | -1.99 |
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