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For the three months ended 31 March 2019, Tarpon Investimentos SA revenues decreased 41% to R$5.8M. Net income before extraordinary items totaled R$1.5M vs. loss of R$3.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Remaining Administrative Expenses decrease of 72% to R$4M (expense), Financial Income increase from R$398K to R$1M (income).
Period Ending: | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Revenue | 5.77 | 101.02 | 7.67 | 8.04 |
Gross Profit | ||||
Operating Income | 1.57 | 78.51 | 1.33 | 6.51 |
Net Income | 12.9 | 54.43 | 1.44 | 3.86 |
Period Ending: | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Total Assets | 80.7 | 128.3 | 70.56 | 67.08 |
Total Liabilities | 21.34 | 69.68 | 10.53 | 9.66 |
Total Equity | 59.36 | 58.62 | 60.03 | 57.42 |
Period Ending: | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -17.89 | 80.75 | 0.62 | -1.49 |
Cash From Investing Activities | 35.38 | -72.71 | -30.28 | -27.73 |
Cash From Financing Activities | -19.68 | -33.6 | -1.6 | -2.06 |
Net Change in Cash | -2.18 | -25.55 | -27.96 | -28 |
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