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For the nine months ended 30 September 2019, Arotech Corporation revenues decreased 7% to $67.6M. Net loss totaled $1.1M vs. income of $1.4M. Revenues reflect Power Systems Division segment decrease of 20% to $23.4M. Net loss reflects General and administrative expenses increase of 12% to $10.6M (expense), Research and development expenses increase of 27% to $3.2M (expense).
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 23.57 | 23.27 | 20.78 | 23.63 |
Gross Profit | 7.98 | 7.64 | 5.82 | 7.56 |
Operating Income | 0.52 | 0.93 | -0.95 | 0.63 |
Net Income | -0.06 | 0.39 | -1.41 | 0.45 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 130.89 | 128.31 | 125 | 117.96 |
Total Liabilities | 54.95 | 52.39 | 49.57 | 41.19 |
Total Equity | 75.94 | 75.92 | 75.43 | 76.78 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.59 | -3.59 | -2.23 | 3.27 |
Cash From Investing Activities | -3.51 | -2.54 | -1.26 | -2.62 |
Cash From Financing Activities | 4.99 | 5.54 | 3.77 | -1.9 |
Net Change in Cash | 0.91 | -0.56 | 0.31 | -1.04 |
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