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For the six months ended 30 June 2019, Afone Participations SA revenues increased 8% to EUR21.1M. Net income before extraordinary items increased 71% to EUR2.4M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Other Financial Expenses decrease of 34% to EUR194K (expense), Interest Income increase from EUR0K to EUR29K (income).
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 21.07 | 20.21 | 19.43 | 17.58 |
Gross Profit | 7.39 | 7.18 | 6.95 | 4.38 |
Operating Income | 3.92 | 2.54 | 2.66 | 2.76 |
Net Income | 2.44 | 1.88 | 9.44 | 1.71 |
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 61.49 | 60.43 | 55.97 | 54.24 |
Total Liabilities | 34.95 | 33.24 | 21.92 | 27.76 |
Total Equity | 26.54 | 27.2 | 34.05 | 26.48 |
Period Ending: | Jun 30, 2019 | Dec 31, 2018 | Jun 30, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | 3.41 | 5.55 | 3.63 | 6.73 |
Cash From Investing Activities | -0.37 | 13.13 | 2.62 | 2.14 |
Cash From Financing Activities | -4.68 | -8.86 | -3.08 | -7.61 |
Net Change in Cash | -1.65 | 9.83 | 3.17 | 1.27 |
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