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For the six months ended 28 February 2019, Stride Gaming PLC revenues decreased 17% to £36.6M. Net income before extraordinary items decreased 23% to £2.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Contingent consideration adjustment decrease from £398K (income) to £0K, Equity Earnings -Before Taxes decrease from £38K (income) to £106K (expense).
Period Ending: | Feb 28, 2019 | Aug 31, 2018 | Feb 28, 2018 | Aug 31, 2017 |
---|---|---|---|---|
Total Revenue | 36.59 | 41.62 | 43.86 | 42.49 |
Gross Profit | 29.71 | 33.52 | 35.95 | 36.46 |
Operating Income | 2.8 | -3.96 | 4.28 | -14.01 |
Net Income | 2.02 | -6.23 | 1.52 | -15.35 |
Period Ending: | Feb 28, 2019 | Aug 31, 2018 | Feb 28, 2018 | Aug 31, 2017 |
---|---|---|---|---|
Total Assets | 70.49 | 79.97 | 99.16 | 97.63 |
Total Liabilities | 14.44 | 24.86 | 38.24 | 42.71 |
Total Equity | 56.06 | 55.11 | 60.92 | 54.91 |
Period Ending: | Feb 28, 2019 | Aug 31, 2018 | Feb 28, 2018 | Aug 31, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -3.54 | 4.72 | 9.05 | 12.85 |
Cash From Investing Activities | -1.53 | 1.36 | -1.42 | -3.94 |
Cash From Financing Activities | -2.26 | -3.55 | -5.42 | -3.94 |
Net Change in Cash | -7.38 | 2.53 | 2.19 | 5.09 |
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