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For the fiscal year ended 31 December 2018, axelero Srl revenues decreased 64% to EUR10.4M. Net loss applicable to common stockholders decreased 22% to EUR22.8M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Impairment - Current Assets decrease of 98% to EUR386K (expense), Personnel Related Expenses decrease of 24% to EUR6.8M (expense).
Period Ending: | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 7.77 | 21.02 | 22.71 | 23.26 |
Gross Profit | -4.14 | 6.37 | 6.13 | 8.11 |
Operating Income | -28.88 | 0.46 | -0.43 | 3.19 |
Net Income | -29.4 | 0.1 | -0.63 | 1.96 |
Period Ending: | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 36.34 | 70.65 | 60.64 | 45.23 |
Total Liabilities | 52.16 | 46.57 | 36.45 | 18.4 |
Total Equity | -15.82 | 24.08 | 24.19 | 26.82 |
Period Ending: | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 0 Months | 6 Months |
Cash From Operating Activities | -12.99 | -6.1 | -21.21 | -12.41 |
Cash From Investing Activities | -0 | -1.73 | -5.1 | -1.72 |
Cash From Financing Activities | 12.68 | 7.65 | 19.19 | 7.41 |
Net Change in Cash | -0.31 | -0.18 | -7.11 | -6.71 |
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