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For the nine months ended 31 March 2020, Summus Solutions NV revenues decreased from C$67K to C$0K. Net loss before extraordinary items increased 5% to C$219K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Filing and transfer fees increase of 99% to C$30K (expense), Finance charges increase of 11% to C$70K (expense).
Period Ending: | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Total Revenue | 0 | 0 | 0.02 | 0.02 |
Gross Profit | -0 | 0 | 0 | |
Operating Income | -0.06 | -0.16 | -0.1 | -0.09 |
Net Income | -0.06 | -0.16 | -0.1 | -0.09 |
Period Ending: | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Total Assets | 0.34 | 2.26 | 2.16 | 0.73 |
Total Liabilities | 2.43 | 4.45 | 4.28 | 2.94 |
Total Equity | -2.09 | -2.19 | -2.12 | -2.21 |
Period Ending: | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -0.28 | -0.3 | -0.28 | 0.01 |
Cash From Investing Activities | -0.16 | -1.46 | -1.44 | -0.01 |
Cash From Financing Activities | 0.19 | 1.67 | 1.62 | 0.34 |
Net Change in Cash | -0.25 | -0.09 | -0.11 | 0.34 |
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