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For the nine months ended 30 September 2020,Argentum 47 Inc revenues decreased 24% to $66K. Net incomebefore extraordinary items totaled $18K vs. loss of $1.2M.Revenues reflect a decrease in demand for the Company'sproducts and services due to unfavorable market conditions.Net Income reflects Gain on sale of marketable securitiesincrease from $525K (expense) to $379K (income),Compensation decrease of 40% to $207K (expense).
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Revenue | 0.02 | 0.02 | 0.02 | 0.03 |
Gross Profit | ||||
Operating Income | -0.11 | -0.06 | -0.15 | -0.04 |
Net Income | -0.23 | 0.49 | -0.24 | -0.6 |
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Total Assets | 1.14 | 1.34 | 0.84 | 1.08 |
Total Liabilities | 2.24 | 2.18 | 2.18 | 2.24 |
Total Equity | -1.1 | -0.85 | -1.34 | -1.16 |
Period Ending: | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.28 | -0.23 | -0.18 | -0.35 |
Cash From Investing Activities | -0 | -0 | 0 | 0.17 |
Cash From Financing Activities | 0 | 0 | 0.33 | |
Net Change in Cash | -0.28 | -0.21 | -0.16 | 0.13 |
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