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For the six months ended 30 June 2017, LiNiu Technology Group revenues decreased 100% to $1K. Net loss decreased 96% to $5.7M. Revenues reflect Revenue from VIP Gaming Operations decrease of 100% to $1K. Lower net loss reflects Impairment of Intangible Assets decrease from $97.3M (expense) to $0K, Commission to Junket Agents decrease of 100% to $1K (expense).
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 3.87 | 10.58 |
Gross Profit | ||||
Operating Income | -5.29 | -0.52 | -85.67 | -125.82 |
Net Income | -5.26 | -0.45 | -85.67 | -125.82 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 188.91 | 191.06 | 77.48 | 146.1 |
Total Liabilities | 182.74 | 179.58 | 75.35 | 58.35 |
Total Equity | 6.17 | 11.48 | 2.13 | 87.76 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 12 Months | 6 Months |
Cash From Operating Activities | -11.46 | 1.42 | ||
Cash From Investing Activities | 0.01 | 0 | ||
Cash From Financing Activities | 8.4 | 1.18 | ||
Net Change in Cash | -2.98 | 2.61 |
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