Please try another search
For the six months ended 30 June 2016, Atlas African Industries Ltd revenues decreased 99% to $63K. Net loss decreased 45% to $2.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Operating Expense decrease of 72% to $2M (expense), Financial cost decrease from $849K (expense) to $0K, Share option charge decrease of 18% to $67K (expense).
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Revenue | 0.06 | 3.15 | 11.49 | 3.15 |
Gross Profit | 0.03 | 1.22 | 4.43 | 1.03 |
Operating Income | -2.07 | -14.7 | -2.92 | -5.24 |
Net Income | -2.06 | -34.18 | -3.78 | -5.84 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Assets | 7.27 | 4.48 | 36.16 | 35.05 |
Total Liabilities | 0.78 | 0.88 | 7.23 | 3.63 |
Total Equity | 6.49 | 3.6 | 28.93 | 31.42 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 18 Months | 12 Months | 6 Months |
Cash From Operating Activities | -4.44 | -9.03 | -8.43 | -0.77 |
Cash From Investing Activities | -0.19 | -8.79 | -5.16 | -4.87 |
Cash From Financing Activities | 4.89 | 16.11 | 17.83 | 15.94 |
Net Change in Cash | 0.26 | -1.68 | 2.98 | 9.74 |
Unlock access to over 1000 metrics with InvestingPro
View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review