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For the fiscal year ended 31 December 2016, Halo Companies Inc revenues decreased 61% to $1.2M. Net loss applicable to common stockholders decreased 17% to $1.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Salaries, wages, and benefits decrease of 60% to $837K (expense), Sales and Marketing Expenses decrease of 79% to $266K (expense).
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.55 | 0.22 | 0.45 | 0.19 |
Gross Profit | ||||
Operating Income | 0.06 | -0.46 | -0.3 | -0.01 |
Net Income | -0.16 | -0.67 | -0.63 | -0.17 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Total Assets | 0.1 | 0.13 | 0.26 | 0.14 |
Total Liabilities | 8.3 | 8.16 | 7.62 | 7.03 |
Total Equity | -8.2 | -8.03 | -7.36 | -6.89 |
Period Ending: | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | -0.54 | -0.53 | -0.23 | -0 |
Cash From Investing Activities | -0.01 | -0.01 | 0 | |
Cash From Financing Activities | 0.54 | 0.53 | 0.39 | -0.01 |
Net Change in Cash | -0.01 | -0.01 | 0.16 | -0.01 |
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