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For the six months ended 31 March 2019, New Venturetec Ltd. revenues increased from $15.4M to $31.1M. Net income increased from $14.2M to $29.5M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Administration cost decrease of 33% to $158K (expense), Net foreign exchange loss remaining flat at $0K.
Period Ending: | Mar 31, 2019 | Sep 30, 2018 | Mar 31, 2018 | Sep 30, 2017 |
---|---|---|---|---|
Total Revenue | 31.07 | 13.3 | 15.38 | 0 |
Gross Profit | 29.65 | 12.01 | 14.42 | -0.72 |
Operating Income | 29.49 | 11.88 | 14.18 | 0.75 |
Net Income | 29.5 | 11.87 | 14.18 | 0.75 |
Period Ending: | Mar 31, 2019 | Sep 30, 2018 | Mar 31, 2018 | Sep 30, 2017 |
---|---|---|---|---|
Total Assets | 83.36 | 53.87 | 44.16 | 28.13 |
Total Liabilities | 20.52 | 20.97 | 23.69 | 22.61 |
Total Equity | 62.84 | 32.9 | 20.47 | 5.52 |
Period Ending: | Mar 31, 2019 | Sep 30, 2018 | Mar 31, 2018 | Sep 30, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.37 | 1.5 | 1.65 | 0.61 |
Cash From Investing Activities | 1.18 | |||
Cash From Financing Activities | -0.51 | -1.76 | -1.59 | -0.61 |
Net Change in Cash | -0.88 | 0.94 | 0.07 | -0 |
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