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For the fiscal year ended 30 June 2017, Wavenet International Limited revenues decreased 25% to A$459K. Net loss decreased 69% to A$662K. Revenues reflect Interest accrued decrease of 45% to A$220K, Interest received remaining flat at A$0K. Lower net loss reflects Impairment of investment in associate decrease from A$724K (expense) to A$1K (income), Impairment of Loans decrease from A$465K (expense) to A$0K.
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Revenue | 0.3 | 0.16 | 0.58 | 0.13 |
Gross Profit | 0.23 | -0.07 | 0.52 | 0 |
Operating Income | -0.17 | -0.49 | -1.33 | -0.79 |
Net Income | -0.17 | -0.49 | -1.33 | -0.79 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Total Assets | 3.07 | 3.29 | 3.83 | 5.49 |
Total Liabilities | 1.66 | 1.71 | 1.76 | 2.22 |
Total Equity | 1.41 | 1.58 | 2.07 | 3.27 |
Period Ending: | Jun 30, 2017 | Dec 31, 2016 | Jun 30, 2016 | Dec 31, 2015 |
---|---|---|---|---|
Period Length: | 12 Months | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | -0.23 | -0.12 | -0.75 | -0.63 |
Cash From Investing Activities | 0.19 | 0.06 | 1.41 | 1.28 |
Cash From Financing Activities | -0.07 | 0.05 | -0.64 | -0.64 |
Net Change in Cash | -0.12 | -0.01 | 0.02 | 0 |
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