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For the nine months ended 30 June 2016, MedicalInternational Technology Inc revenues decreased 33% to$292K. Net loss totaled $297K vs. income of $51K. Revenuesreflect a decrease in demand for the Company's products andservices due to unfavorable market conditions. Net lossreflects Selling, general and administrative expe increaseof 70% to $442K (expense), Interest income decrease from$1K (income) to $0K.
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Revenue | 0.05 | 0.09 | 0.15 | 0.11 |
Gross Profit | -0.02 | 0.06 | 0.11 | -0.07 |
Operating Income | -0.17 | -0.07 | -0.06 | -0.1 |
Net Income | -0.17 | -0.07 | -0.06 | -0.11 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Total Assets | 0.83 | 1 | 0.53 | 0.46 |
Total Liabilities | 0.89 | 0.89 | 0.4 | 0.25 |
Total Equity | -0.05 | 0.12 | 0.13 | 0.21 |
Period Ending: | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.25 | -0.12 | -0.05 | 0.06 |
Cash From Investing Activities | -0.05 | -0.02 | -0.01 | -0.03 |
Cash From Financing Activities | 0.67 | 0.68 | 0.19 | -0.05 |
Net Change in Cash | 0.4 | 0.56 | 0.11 | -0.03 |
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