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For the fiscal year ended 31 December 2015, GlobalCom Telecommunications Plc revenues decreased 28% to $292K. Net loss decreased 55% to $264K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects General & Admin. Expenses decrease of 45% to $301K (expense), Depreciation of Fixed Assets decrease of 30% to $135K (expense).
Period Ending: | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.06 | 0.07 | 0.07 | 0.09 |
Gross Profit | 0.01 | 0.02 | 0.04 | 0.04 |
Operating Income | -0.04 | -0.02 | -0.1 | -0.1 |
Net Income | -0.04 | -0.02 | -0.1 | -0.1 |
Period Ending: | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 |
---|---|---|---|---|
Total Assets | 4.32 | 4.28 | 4.45 | 4.52 |
Total Liabilities | 0.84 | 0.91 | 1.57 | 1.54 |
Total Equity | 3.48 | 3.37 | 2.87 | 2.98 |
Period Ending: | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | -0.08 | 0.03 | 0.08 | 0.06 |
Cash From Investing Activities | 0.6 | 0.1 | -0.02 | -0.01 |
Cash From Financing Activities | -0 | -0 | -0 | -0 |
Net Change in Cash | 0.52 | 0.12 | 0.06 | 0.05 |
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