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For the nine months ended 31 March 2016, Garnero Group Acquisition Co revenues was not reported. Net loss decreased 16% to $827K. Lower net loss reflects Interest Income increase from $30K to $89K (income), Legal and professional fees decrease of 6% to $660K (expense), General and administrative decrease of 15% to $189K (expense). Basic Earnings per Share excluding Extraordinary Items increased from -$0.21 to -$0.17.
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | ||||
Operating Income | -0.35 | -0.19 | -0.39 | -0.19 |
Net Income | -0.31 | -0.2 | -0.32 | -0.11 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Total Assets | 144.69 | 144.67 | 144.68 | 144.6 |
Total Liabilities | 1.74 | 1.41 | 1.22 | 0.82 |
Total Equity | 142.95 | 143.26 | 143.46 | 143.78 |
Period Ending: | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.62 | -0.39 | -0.21 | -0.74 |
Cash From Investing Activities | 0 | 0 | 0 | -144.47 |
Cash From Financing Activities | 0.62 | 0.4 | 0.23 | 145.21 |
Net Change in Cash | 0 | 0.02 | 0.02 | 0 |
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