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For the three months ended 30 September 2015, Global-Tech Advanced Innovations Inc. revenues decreased 56% to $20.1M. Net loss decreased 14% to $2.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Selling general & Administrative exp decrease of 41% to $3.7M (expense), Other income (expense), net increase of 75% to $711K (income).
Period Ending: | Sep 30, 2015 | Mar 31, 2015 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Revenue | 20.12 | 78.02 | 21.06 | 24.61 |
Gross Profit | 0.7 | 3.15 | 0.72 | 1.74 |
Operating Income | -3.05 | -9.27 | -2.64 | -1.21 |
Net Income | -2.18 | -6.42 | -2.24 | -0.3 |
Period Ending: | Sep 30, 2015 | Mar 31, 2015 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Total Assets | 97.2 | 94.98 | 100.66 | 107.81 |
Total Liabilities | 41.58 | 35.23 | 36.78 | 42.06 |
Total Equity | 55.62 | 59.75 | 63.87 | 65.76 |
Period Ending: | Sep 30, 2015 | Mar 31, 2015 | Sep 30, 2014 | Jun 30, 2014 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | ||||
Cash From Investing Activities | ||||
Cash From Financing Activities | ||||
Net Change in Cash |
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