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For the fiscal year ended 31 December 2018, Eight Solutions Inc revenues decreased 39% to C$2.2M. Net loss increased 35% to C$5.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Gain on disposition decrease from C$2M (income) to C$0K, Employee expenses increase of 18% to C$5.2M (expense).
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Revenue | 0.23 | 0.77 | 1.17 | 0.35 |
Gross Profit | -0.08 | 0.51 | 0.63 | 0.1 |
Operating Income | -1.6 | -0.77 | -2.23 | -1.35 |
Net Income | -1.88 | -0.94 | -2.5 | -1.46 |
Period Ending: | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 |
---|---|---|---|---|
Total Assets | 0.16 | 0.72 | 1.09 | 0.27 |
Total Liabilities | 9.24 | 7.91 | 7.63 | 5.84 |
Total Equity | -9.08 | -7.19 | -6.54 | -5.57 |
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 | -2.21 | -1.81 | -1.41 | -1.1 |
Cash From Investing Activities | -0.01 | -0.01 | -0.01 | -0 |
Cash From Financing Activities | 2.23 | 2.34 | 2.24 | 1.13 |
Net Change in Cash | 0.01 | 0.53 | 0.82 | 0.03 |
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