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For the nine months ended 30 September 2018, Divestco Inc revenues decreased 36% to C$6M. Net loss increased 50% to C$8.7M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other loss (gain) increase from C$806K (income) to C$84K (expense), Interest expense on debt increase of 15% to C$1.3M (expense).
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Revenue | 2 | 2.21 | 1.8 | 3.32 |
Gross Profit | ||||
Operating Income | -2.69 | -1.8 | -2.85 | -1.38 |
Net Income | -3.05 | -2.41 | -3.2 | -1.78 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Total Assets | 18.72 | 20.24 | 21.07 | 24.4 |
Total Liabilities | 20.89 | 19.38 | 18.4 | 18.79 |
Total Equity | -2.17 | 0.86 | 2.66 | 5.61 |
Period Ending: | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -2.75 | -1.16 | -0.58 | 4.09 |
Cash From Investing Activities | -0.82 | -0.71 | -0.18 | -5.18 |
Cash From Financing Activities | 3.65 | 1.6 | 0.41 | -1.63 |
Net Change in Cash | 0.09 | -0.27 | -0.35 | -2.72 |
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