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For the six months ended 30 June 2018, Cellnovo Group SA revenues increased 81% to EUR855K. Net loss decreased 20% to EUR7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects General & Administrative Expenses decrease of 39% to EUR1.8M (expense), Total Financial Expense decrease of 46% to EUR399K (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 0.85 | 0.59 | 0.47 | 0.67 |
Gross Profit | -2.49 | -4.2 | -2.43 | -2.6 |
Operating Income | -7.43 | -9.78 | -8.46 | -7.13 |
Net Income | -6.99 | -9.06 | -8.69 | -7.33 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 23.58 | 30.44 | 22.98 | 24.67 |
Total Liabilities | 8.89 | 8.73 | 8.88 | 4.86 |
Total Equity | 14.69 | 21.71 | 14.1 | 19.81 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 0 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -5.3 | -17.91 | -8.45 | -14.01 |
Cash From Investing Activities | -2.06 | -2.55 | -1.9 | -4.69 |
Cash From Financing Activities | -1.16 | 30.46 | 14.44 | 16.05 |
Net Change in Cash | -8.48 | 10.31 | 4.3 | -3.56 |
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