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For the six months ended 30 June 2015, Afriag PLC revenues increased from L0K to L537K. Net loss decreased 63% to L168K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Realized Gain/Loss on Derivative-Hedging decrease from L430K (expense) to L0K.
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Revenue | 0.54 | 0.39 | 0 | 0 |
Gross Profit | 0.05 | 0.06 | ||
Operating Income | -0.15 | -0.35 | -0.06 | -0.23 |
Net Income | -0.17 | -0.38 | -0.45 | -0.23 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Assets | 2.29 | 2.28 | 1.95 | 1.57 |
Total Liabilities | 0.68 | 0.49 | 0.17 | 0.15 |
Total Equity | 1.62 | 1.79 | 1.78 | 1.42 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.31 | -0.31 | -0.02 | -0.19 |
Cash From Investing Activities | 0.01 | 0 | 0 | -0.21 |
Cash From Financing Activities | 0 | 0.78 | 0.37 | 0.25 |
Net Change in Cash | -0.34 | 0.46 | 0.35 | -0.16 |
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