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For the nine months ended 31 May 2015, Craig Wireless Systems Ltd. revenues decreased 21% to C$7.2M. Net loss decreased 19% to C$4.9M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Employee compensation and benefits decrease of 27% to C$3M (expense), Operations and administration decrease of 23% to C$3.2M (expense).
Period Ending: | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 |
---|---|---|---|---|
Total Revenue | 2.32 | 2.45 | 2.4 | 2.63 |
Gross Profit | 0.68 | 0.84 | 0.65 | 0.53 |
Operating Income | -1.98 | -2.09 | -2.15 | -3.27 |
Net Income | -1.35 | -1.79 | -1.78 | -4.24 |
Period Ending: | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 |
---|---|---|---|---|
Total Assets | 15.95 | 17.03 | 16.77 | 16.59 |
Total Liabilities | 10.07 | 9.99 | 9.26 | 7.44 |
Total Equity | 5.88 | 7.03 | 7.52 | 9.16 |
Period Ending: | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -4.3 | -3.45 | -1.6 | -5.73 |
Cash From Investing Activities | -0.43 | -0.33 | -0.13 | 0.06 |
Cash From Financing Activities | 4.62 | 3.67 | 2.24 | 3.11 |
Net Change in Cash | -0.12 | -0.1 | 0.49 | -2.5 |
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