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For the nine months ended 30 September 2011, National Asset Recovery Corp revenues increased from $0K to $76K. Net loss increased 33% to $389K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Professional fees increase from $0K to $117K (expense), Payroll and payroll taxes increase from $0K to $88K (expense).
Period Ending: | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 |
---|---|---|---|---|
Total Revenue | 0 | 0.01 | 0.07 | 0.11 |
Gross Profit | 0 | -0.01 | 0.02 | 0.06 |
Operating Income | -0.02 | -0.06 | -0.31 | -0.67 |
Net Income | -0.02 | -0.06 | -0.3 | -0.67 |
Period Ending: | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 |
---|---|---|---|---|
Total Assets | 0.02 | 0.02 | 0.06 | 0.2 |
Total Liabilities | 0.31 | 0.29 | 0.27 | 0.11 |
Total Equity | -0.3 | -0.27 | -0.21 | 0.09 |
Period Ending: | Sep 30, 2011 | Jun 30, 2011 | Mar 31, 2011 | Dec 31, 2010 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 4 Months |
Cash From Operating Activities | -0.22 | -0.24 | -0.19 | -0.74 |
Cash From Investing Activities | 0 | 0 | 0 | -0.02 |
Cash From Financing Activities | 0.23 | 0.23 | 0.19 | 0.76 |
Net Change in Cash | 0 | -0.01 | 0 | 0.01 |
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