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For the three months ended 30 June 2017, Meganet Corp revenues remained flat at $0K. Net loss decreased 7% to $86K. Revenues reflect market conditions. Lower net loss reflects Depreciation decrease from $4K (expense) to $0K, Interest expense decrease of 6% to $18K (expense), General and administrative decrease of 9% to $8K (expense).
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0 | 0 |
Gross Profit | 0 | 0 | 0 | 0 |
Operating Income | -0.07 | -0.07 | -0.07 | -0.08 |
Net Income | -0.09 | -0.09 | -0.09 | -0.1 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 0 | 0 | 0.01 | 0.01 |
Total Liabilities | 2.24 | 2.17 | 2.11 | 2.04 |
Total Equity | -2.24 | -2.17 | -2.1 | -2.03 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 9 Months | 6 Months |
Cash From Operating Activities | -0.01 | -0.04 | -0.04 | -0.02 |
Cash From Investing Activities | 0 | -0 | ||
Cash From Financing Activities | 0.02 | 0.04 | 0.04 | 0.02 |
Net Change in Cash | 0 | -0 | -0 | -0 |
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