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For the fiscal year ended 31 December 2018, FTE Networks Inc revenues increased 79% to $384.8M. Net loss applicable to common stockholders decreased 49% to $46.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Gain (loss) on debt derivative increase from $35M (expense) to $17.2M (income), Extinguishment gain increase from $666K to $26.7M (income).
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Revenue | 121.02 | 92.22 | 86.37 | 85.14 |
Gross Profit | 11.53 | 15.91 | 13.95 | 11.49 |
Operating Income | -8.69 | -3.35 | 0.32 | 0.15 |
Net Income | -10.84 | -12.03 | -13.56 | -10.16 |
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Assets | 164.29 | 158.88 | 164.62 | 171.46 |
Total Liabilities | 223.75 | 164.44 | 161.74 | 158.67 |
Total Equity | -59.46 | -5.57 | 2.89 | 12.79 |
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | 17.85 | -9.67 | -3.18 | -5.29 |
Cash From Investing Activities | -0.63 | -3.21 | -2.06 | -0.54 |
Cash From Financing Activities | -20.7 | 2.96 | 2.48 | -0.17 |
Net Change in Cash | -3.47 | -9.92 | -2.76 | -6 |
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