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For the three months ended 31 March 2017, Black Earth Farming Ltd revenues decreased 27% to $8.2M. Net income before extraordinary items decreased 48% to $1.9M. Revenues reflect Denmark segment decrease of 53% to $2.7M, Germany segment decrease from $2.5M to $0K. Net income also reflects General and administrative expenses increase of 45% to $1.7M (expense), Taxes other than income increase from $0K to $7K (expense).
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 8.22 | 24.75 | 9.3 | 21.18 |
Gross Profit | 4.19 | 4.86 | -0.03 | 8.13 |
Operating Income | 1.34 | -8.24 | -8.23 | 7.92 |
Net Income | -9.44 | -7.26 | -8.49 | 9.76 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 205.76 | 185.65 | 201.52 | 198.6 |
Total Liabilities | 86.04 | 66.06 | 79.58 | 70.49 |
Total Equity | 119.72 | 119.59 | 121.94 | 128.11 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -20.31 | -0.82 | 3.81 | 5.71 |
Cash From Investing Activities | 10.46 | -1.28 | -3.02 | -2.77 |
Cash From Financing Activities | 3.66 | -2.32 | -7.09 | -12.19 |
Net Change in Cash | -5.32 | -5.13 | -5.84 | -8.37 |
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