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For the nine months ended 30 June 2016, Onstream Media Corp revenues decreased 7% to $11.5M. Net loss decreased 75% to $1.8M. Revenues reflect Audio and web conferencing decrease of 12% to $6.2M, DMSP and hosting decrease of 19% to $497K, Other decrease of 60% to $18K. Lower net loss reflects Impairment loss on goodwill and other in decrease from $5.6M (expense) to $0K, Interest expense decrease of 29% to $912K (expense).
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Revenue | 3.91 | 3.76 | 3.85 | 3.75 |
Gross Profit | 2.84 | 2.67 | 2.78 | 2.69 |
Operating Income | 0.14 | -0.11 | -0.11 | -0.88 |
Net Income | -0.44 | -0.59 | -0.78 | -1.35 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Assets | 6.4 | 6.42 | 6.47 | 6.64 |
Total Liabilities | 12.14 | 11.74 | 11.21 | 10.69 |
Total Equity | -5.74 | -5.32 | -4.73 | -4.05 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.01 | 0.01 | 0.02 | 0.34 |
Cash From Investing Activities | -0.05 | -0.05 | -0.04 | -0.32 |
Cash From Financing Activities | 0.22 | 0.02 | 0.18 | -0.1 |
Net Change in Cash | 0.16 | -0.03 | 0.17 | -0.07 |
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