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For the fiscal year ended 31 December 2021, Tigi Ltd revenues decreased 49% to NIS2M. Net loss increased from NIS898K to NIS11.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Financial Income decrease of 97% to NIS120K (income), Other SGA increase from NIS1.4M to NIS4.2M (expense).
Period Ending: | Dec 31, 2021 | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Total Revenue | 0.9 | 1.12 | 2.49 | 1.44 |
Gross Profit | -0.57 | -0.33 | 0.62 | 0.24 |
Operating Income | -5.29 | -4.41 | -1.32 | -1.59 |
Net Income | -5.45 | -5.73 | 1.67 | -2.56 |
Period Ending: | Dec 31, 2021 | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Total Assets | 31.1 | 37.68 | 1.5 | 2.33 |
Total Liabilities | 5.78 | 7.12 | 3.84 | 21.45 |
Total Equity | 25.33 | 30.56 | -2.34 | -19.12 |
Period Ending: | Dec 31, 2021 | Jun 30, 2021 | Dec 31, 2020 | Jun 30, 2020 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -9.12 | -3.32 | -3.1 | -0.62 |
Cash From Investing Activities | -10.64 | -0.92 | 0.02 | 0.02 |
Cash From Financing Activities | 34.55 | 35.39 | 3.08 | 0.6 |
Net Change in Cash | 14.8 | 31.16 | 0 | 0 |
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