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For the nine months ended 28 February 2013, Artisanal Brands Inc revenues decreased 29% to $2.1M. Net loss decreased 35% to $2.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects SELLING, GENERAL AND ADMINISTRATIVE decrease of 42% to $2M (expense), DEPRECIATION AND AMORTIZATION decrease of 38% to $102K (expense).
Period Ending: | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 |
---|---|---|---|---|
Total Revenue | 0.97 | 0.59 | 0.5 | 0.64 |
Gross Profit | 0.15 | 0.12 | 0.08 | 0.12 |
Operating Income | -0.51 | -0.56 | -0.67 | -0.72 |
Net Income | -0.68 | -0.74 | -0.83 | -0.87 |
Period Ending: | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 |
---|---|---|---|---|
Total Assets | 4.83 | 5.36 | 4.45 | 4.54 |
Total Liabilities | 9.98 | 9.86 | 8.45 | 8.05 |
Total Equity | -5.15 | -4.5 | -4 | -3.52 |
Period Ending: | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -1.55 | -1.5 | -0.3 | -1.6 |
Cash From Investing Activities | -0.02 | -0.01 | -0 | -0.02 |
Cash From Financing Activities | 1.68 | 1.93 | 0.26 | 1.62 |
Net Change in Cash | 0.11 | 0.42 | -0.04 | -0 |
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