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For the fiscal year ended 31 December 2017, MyBestGroup SpA revenues increased 9% to EUR24M. Net lossdecreased 49% to EUR2.5M. Revenues reflect an increase indemand for the Company's products and services due tofavorable market conditions. Lower net loss reflects OtherImpairment of Fixed Assets decrease of 98% to EUR20K(expense), Amortization of Fixed Intangible Assets decreaseof 9% to EUR4.1M (expense).
Period Ending: | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 |
---|---|---|---|
Total Revenue | 24 | 22.03 | 28.66 |
Gross Profit | 3.09 | 0.38 | 1.02 |
Operating Income | -1.13 | -4.73 | -4.32 |
Net Income | -2.54 | -5.02 | -5.58 |
Period Ending: | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 |
---|---|---|---|
Total Assets | 39.19 | 41.37 | 45.94 |
Total Liabilities | 33.69 | 33.32 | 33.3 |
Total Equity | 5.5 | 8.05 | 12.64 |
Period Ending: | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 |
---|---|---|---|
Period Length: | 12 Months | 12 Months | 0 Months |
Cash From Operating Activities | 2.28 | -0.16 | |
Cash From Investing Activities | -1.85 | -1.99 | |
Cash From Financing Activities | 1.24 | 0.61 | |
Net Change in Cash | 1.67 | -1.55 |
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