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For the six months ended 30 June 2018, Home Meal Replacement SA revenues decreased 4% to EUR7.5M. Net loss increased 31% to EUR2.3M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Higher net loss reflects Other Operating Income decrease of 69% to EUR213K (income), Financial Expense increase of 44% to EUR764K (expense).
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Revenue | 7.47 | 7.47 | 7.81 | 7.09 |
Gross Profit | 3.96 | 3.53 | 3.77 | 3.55 |
Operating Income | -1.51 | -2.19 | -1.24 | -0.27 |
Net Income | -2.27 | -1.73 | -1.73 | -0.16 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Total Assets | 31.28 | 30.35 | 28.51 | 29.61 |
Total Liabilities | 28.15 | 24.46 | 20.61 | 19.72 |
Total Equity | 3.13 | 5.89 | 7.9 | 9.89 |
Period Ending: | Jun 30, 2018 | Dec 31, 2017 | Jun 30, 2017 | Dec 31, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 0 Months | 12 Months |
Cash From Operating Activities | -6.92 | -3.09 | -1.09 | -4.37 |
Cash From Investing Activities | -1.6 | -3.65 | -2.64 | -2.38 |
Cash From Financing Activities | 9.41 | 2.86 | -0.13 | 10.2 |
Net Change in Cash | 0.89 | -3.88 | -3.86 | 3.46 |
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