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For the six months ended 31 August 2020, China VTV Ltd revenues increased from $4K to $6.7M. Net income totaled $1.1M vs. loss of $218K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions.
Period Ending: | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 |
---|---|---|---|---|
Total Revenue | 3.02 | 3.72 | 0 | 0 |
Gross Profit | 1.76 | 2.14 | 0 | 0 |
Operating Income | 0.2 | 0.79 | -1.51 | -4.43 |
Net Income | 0.13 | 0.92 | -1.51 | -4.43 |
Period Ending: | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 |
---|---|---|---|---|
Total Assets | 52.7 | 52.68 | 50.84 | 0.1 |
Total Liabilities | 48.14 | 48.98 | 51.17 | 1.05 |
Total Equity | 4.55 | 3.71 | -0.33 | -0.95 |
Period Ending: | Aug 31, 2020 | May 31, 2020 | Feb 29, 2020 | Nov 30, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -1.93 | 0.69 | -0.47 | 0.1 |
Cash From Investing Activities | 2.96 | 0.8 | -0.08 | -0.11 |
Cash From Financing Activities | -0.93 | -1.37 | 0.51 | 0 |
Net Change in Cash | 0.11 | 0.04 | 0.03 | -0.01 |
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