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For the six months ended 31 March 2013, ParaFin Corporation revenues increased from $14K to $33K. Net loss increased 15% to $643K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Consulting & Management Fees increase of 50% to $558K (expense), Transfer & Filing Fees increase of 7% to $8K (expense).
Period Ending: | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Mar 31, 2012 |
---|---|---|---|---|
Total Revenue | 0.02 | 0.01 | 147.83 | 1564.02 |
Gross Profit | 81.02 | |||
Operating Income | -0.36 | -0.18 | 5.92 | 657.51 |
Net Income | -0.43 | -0.21 | -139.2 | 630.39 |
Period Ending: | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Mar 31, 2012 |
---|---|---|---|---|
Total Assets | 1216 | 1216 | 427.24 | 12537.33 |
Total Liabilities | 1.51 | 1.29 | 444.36 | 6641.49 |
Total Equity | 1214.49 | 1214.71 | -17.12 | 5895.84 |
Period Ending: | Mar 31, 2013 | Dec 31, 2012 | Sep 30, 2012 | Mar 31, 2012 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 6 Months |
Cash From Operating Activities | -0.43 | -0.21 | -36.97 | 340.15 |
Cash From Investing Activities | 0 | 0 | -45.89 | -521.37 |
Cash From Financing Activities | 0.43 | 0.21 | 133.41 | -95.69 |
Net Change in Cash | 0 | 0 | 50.06 | -375.29 |
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