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For the three months ended 31 March 2016, B3 System SA revenues decreased from PLN5K to PLN0K. Net loss decreased 99% to PLN60K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects FV Adjustments of Financial Investments decrease from PLN4.3M (expense) to PLN0K, Other Operating Costs decrease from PLN12K (expense) to PLN0K.
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Revenue | 0 | 0.01 | 0.02 | 0 |
Gross Profit | 0 | 0.01 | 0.02 | 0 |
Operating Income | -0.06 | -2.65 | 0 | -11.65 |
Net Income | -0.06 | -8.33 | -0 | -11.65 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Assets | 0.01 | 0.01 | 0.18 | 0.13 |
Total Liabilities | 14.38 | 14.32 | 13.48 | 13.43 |
Total Equity | -14.37 | -14.31 | -13.3 | -13.29 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | 0 | -0 | -0 | -0 |
Cash From Investing Activities | 0 | 0 | 0 | 0 |
Cash From Financing Activities | 0 | 0 | 0 | 0 |
Net Change in Cash | 0 | -0 | -0 | -0 |
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