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For the six months ended 30 June 2015, PEERTV PLC revenues increased 22% to $970K. Net loss decreased 21% to $1.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Other expenditure decrease from $55K (expense) to $17K (income), Sales and marketing decrease of 51% to $34K (expense).
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Revenue | 0.97 | 0.72 | 0.79 | 1.74 |
Gross Profit | -0.05 | -0.33 | -0.49 | -0.51 |
Operating Income | -1.35 | -2.94 | -1.53 | -1.31 |
Net Income | -1.6 | -3.17 | -2.02 | -1.95 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Total Assets | 4.3 | 3.4 | 4.8 | 5.83 |
Total Liabilities | 5.6 | 6.12 | 8.31 | 9.6 |
Total Equity | -1.29 | -2.72 | -3.51 | -3.77 |
Period Ending: | Jun 30, 2015 | Dec 31, 2014 | Jun 30, 2014 | Dec 31, 2013 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -3.12 | -5.46 | -1.17 | -3.46 |
Cash From Investing Activities | -0.61 | -0.29 | -0.12 | -0.37 |
Cash From Financing Activities | 3.88 | 5.01 | 1.07 | 3.02 |
Net Change in Cash | 0.16 | -0.73 | -0.23 | -0.81 |
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