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For the nine months ended 30 September 2019, Strongco Corp revenues decreased 2% to C$302.8M. Net income totaled C$4M vs. loss of C$626K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Selling and administrative expenses decrease of 8% to C$42.5M (expense), Restructuring costs decrease from C$3.4M (expense) to C$0K.
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Revenue | 98.04 | 112.65 | 92.07 | 102.11 |
Gross Profit | 19.03 | 19.52 | 17.31 | 18.09 |
Operating Income | 5.6 | 5.08 | 3.77 | 2.9 |
Net Income | 2.12 | 1.68 | 0.15 | 0.78 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Total Assets | 336.48 | 324.11 | 307.69 | 251.32 |
Total Liabilities | 305.52 | 295.29 | 280.58 | 225.62 |
Total Equity | 30.97 | 28.82 | 27.11 | 25.71 |
Period Ending: | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | 8.4 | 10.28 | 3.09 | 4.26 |
Cash From Investing Activities | -0.32 | -0.19 | -0.03 | -1.01 |
Cash From Financing Activities | -8.08 | -10.08 | -3.06 | -3.24 |
Net Change in Cash | 0 | 0 | 0 | 0 |
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