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For the fiscal year ended 31 December 2016, NewsInvest SCA revenues decreased 24% to EUR853K. Net losstotaled EUR556K vs. income of EUR3.8M. Revenues reflect adecrease in demand for the Company's products and servicesdue to unfavorable market conditions. Net loss reflectsSpecial Income- Capital decrease of 83% to EUR1.4M (income), Special Expense- Capital increase from EUR1.2M to EUR3.6M(expense), Wages increase of 19% to EUR477K (expense).
Period Ending: | Dec 31, 2016 | Dec 31, 2015 |
---|---|---|
Total Revenue | 0.85 | 1.12 |
Gross Profit | -0.31 | -0.31 |
Operating Income | -3.15 | 5.69 |
Net Income | -0.56 | 3.79 |
Period Ending: | Dec 31, 2016 | Dec 31, 2015 |
---|---|---|
Total Assets | 10.78 | 11.56 |
Total Liabilities | 0.95 | 0.88 |
Total Equity | 9.83 | 10.68 |
Period Ending: | Dec 31, 2016 | Dec 31, 2015 |
---|---|---|
Period Length: | 0 Months | 0 Months |
Cash From Operating Activities | ||
Cash From Investing Activities | ||
Cash From Financing Activities | ||
Net Change in Cash |
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