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For the six months ended 30 June 2018, Esperite N.V.revenues decreased 36% to EUR5.3M. Net loss increased fromEUR3M to EUR8.9M. Revenues reflect a decrease in demand forthe Company's products and services due to unfavorablemarket conditions. Higher net loss reflects Finance Incomedecrease from EUR4M (income) to EUR2.5M (expense), Generaland administrative expenses increase of 12% to EUR5.5M(expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 5.3 | 8.26 | 8.29 | 11.56 |
Gross Profit | 3.07 | 5.99 | 4.91 | 6.38 |
Operating Income | -5.67 | -7.66 | -2.11 | -6.03 |
Net Income | -8.95 | -9.77 | -2.95 | -5.81 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 28.19 | 33.88 | 42.16 | 42.48 |
Total Liabilities | 30.78 | 32.48 | 34.69 | 35.54 |
Total Equity | -2.59 | 1.4 | 7.47 | 6.94 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -3.13 | -3.52 | -1.4 | 0.9 |
Cash From Investing Activities | 0 | -0.77 | -0.66 | -1.39 |
Cash From Financing Activities | 3.75 | 4.55 | 1.9 | -0.07 |
Net Change in Cash | 0.64 | 0.31 | -0.18 | -0.54 |
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