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For the six months ended 30 June 2018, RM2 International SA revenues decreased 29% to $2.6M. Net loss decreased 10% to $17.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Finance costs decrease of 74% to $635K (expense), Net gain on disposal of PPE increase from $0K to $1.4M (income), Depreciation in SGA decrease of 54% to $250K (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 2.65 | 2.84 | 3.72 | 5.17 |
Gross Profit | -10.36 | -18.45 | -9.85 | -21.1 |
Operating Income | -17.12 | -24.52 | -18.36 | -28.4 |
Net Income | -17.32 | -24.66 | -19.19 | -29 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 68.5 | 66.78 | 84.92 | 83.76 |
Total Liabilities | 9.91 | 11.71 | 15.54 | 7.16 |
Total Equity | 58.6 | 55.07 | 69.38 | 76.6 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -11.27 | -24.3 | -9.06 | -36.88 |
Cash From Investing Activities | 2.9 | -1.63 | -1.11 | -7.59 |
Cash From Financing Activities | 17.91 | 19.78 | 14.07 | 19.79 |
Net Change in Cash | 9.42 | -5.93 | 4.01 | -24.72 |
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