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For the six months ended 30 June 2018, Think Smart SA revenues decreased 10% to EUR7.1M. Net loss increased 26% to EUR1.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Depreciation & Amortization increase of 67% to EUR404K (expense), Other Operating Income/Expense increase from EUR21K (income) to EUR4K (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 7.11 | 8.52 | 7.9 | 8.19 |
Gross Profit | 1.64 | 2.31 | 2.37 | 3.15 |
Operating Income | -1.14 | -0.97 | -0.88 | -0.51 |
Net Income | -1.22 | -1.3 | -0.97 | -0.64 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 10.4 | 12.29 | 12.16 | 13.99 |
Total Liabilities | 12.89 | 13.52 | 11.69 | 12.5 |
Total Equity | -2.49 | -1.23 | 0.47 | 1.5 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 0 Months |
Cash From Operating Activities | 2.83 | -1.45 | -1.15 | |
Cash From Investing Activities | -0.04 | -0.9 | 0.01 | |
Cash From Financing Activities | -1.26 | 1.16 | 0.35 | |
Net Change in Cash | 1.52 | -1.19 | -0.79 |
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