Please try another search
For the six months ended 30 June 2020, Internet Research Institute Ltd revenues decreased 66% to $3.2M. Net loss increased from $549K to $1.6M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Change-Holding Rate of Inv in Affiliates decrease of 67% to $468K (income), Financial Expenses increase from $58K to $173K (expense), Other Income/Expenses.
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 3.17 | 2.72 | 9.4 | 1.89 |
Gross Profit | 2.18 | 1.51 | 6.07 | 1.26 |
Operating Income | -3.81 | -4.46 | -1.06 | -2.97 |
Net Income | -1.62 | -6.3 | -0.55 | -5.31 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 31.65 | 30.92 | 38.11 | 32.2 |
Total Liabilities | 13.34 | 11.63 | 13.66 | 4.89 |
Total Equity | 18.31 | 19.28 | 24.45 | 27.32 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -1.65 | -4.07 | -0.21 | -1.53 |
Cash From Investing Activities | 1.06 | -0.17 | -0.02 | -0.68 |
Cash From Financing Activities | 1.48 | 0.09 | -0.29 | 4.32 |
Net Change in Cash | 0.88 | -4.03 | -0.31 | 2.33 |
Unlock access to over 1000 metrics with InvestingPro
View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
I feel that this comment is:
Thank You!
Your report has been sent to our moderators for review