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For the six months ended 30 June 2017, Brekford Traffic Safety Inc revenues increased 30% to $1.6M. Net income before extraordinary items totaled $1.4M vs. loss of $768K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net Income reflects Loss on extinguishment of debt decrease from $161K (expense) to $0K, Interest income increase from $0K to $20K (income).
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 0.84 | 0.75 | 2.53 | 3.04 |
Gross Profit | 0.54 | 0.45 | 1.71 | 0.88 |
Operating Income | -0.16 | -0.33 | -1.3 | -0.07 |
Net Income | -0.15 | 4.78 | -1.05 | -0.27 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 5.27 | 5.43 | 2.62 | 3.9 |
Total Liabilities | 1.11 | 1.13 | 3.11 | 4.14 |
Total Equity | 4.16 | 4.3 | -0.48 | -0.25 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 2.94 | 2.99 | 1.09 | 0.43 |
Cash From Investing Activities | -0.17 | 0 | -0.14 | -0.14 |
Cash From Financing Activities | -1.51 | -1.51 | -0.94 | -0.27 |
Net Change in Cash | 1.26 | 1.48 | 0.01 | 0.01 |
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