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For the six months ended 30 June 2017, DS Healthcare Group Inc revenues decreased 40% to $4.3M. Net loss decreased 16% to $3.5M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Professional fees and consulting costs decrease of 25% to $1.6M (expense), Other selling and marketing expenses decrease of 38% to $866K (expense).
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 2.23 | 2.09 | 3.1 | 2.68 |
Gross Profit | 1.31 | 1.03 | 1.91 | 2.14 |
Operating Income | -2.58 | -1.2 | -1.93 | -1.06 |
Net Income | -2.34 | -1.15 | -1.78 | -1.03 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 4.63 | 4.91 | 5.72 | 6.13 |
Total Liabilities | 6.48 | 4.75 | 4.48 | 3.73 |
Total Equity | -1.84 | 0.16 | 1.23 | 2.4 |
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 | -0.95 | -0.24 | -4.25 | -3.66 |
Cash From Investing Activities | -0.03 | -0.04 | -0.05 | -0.1 |
Cash From Financing Activities | 0.82 | 0.58 | -0.09 | -0.02 |
Net Change in Cash | -0.05 | 0.33 | -4.2 | -3.62 |
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