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For the six months ended 30 June 2015, Home Loan Servicing Solutions Ltd revenues decreased 17% to $25K. Net loss before extraordinary items increased from $1.3M to $9.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects General and administrative expenses increase from $1.1M to $9M (expense).
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 0 | 0.02 | 101.2 | 97.29 |
Gross Profit | ||||
Operating Income | -0.2 | -8.96 | 95.39 | 93.37 |
Net Income | 1.2 | 15.26 | 52.73 | 49.21 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 7436.52 | 8138.1 | 7952.35 | |
Total Liabilities | 6170.06 | 6846.82 | 6675.07 | |
Total Equity | 1266.46 | 1291.28 | 1277.27 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 421.99 | 319.3 | 514.97 | 477.6 |
Cash From Investing Activities | 381.32 | 376.37 | -985.36 | -900.97 |
Cash From Financing Activities | -807.75 | -724.18 | 592.51 | 465.63 |
Net Change in Cash | -4.44 | -28.5 | 122.11 | 42.26 |
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