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For the six months ended 30 September 2020, QEXLogistics Ltd revenues decreased 30% to NZ$19.4M. Net losstotaled NZ$5.9M vs. income of NZ$271K. Revenues reflect adecrease in demand for the Company's products and servicesdue to unfavorable market conditions. Net loss reflectsEmployee benefits expenses increase of 37% to NZ$1.4M(expense), Depreciation and amortisation expenses increaseof 54% to NZ$490K (expense).
Period Ending: | Sep 30, 2020 | Mar 31, 2020 | Sep 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Total Revenue | 19.38 | 34.93 | 27.82 | 27.06 |
Gross Profit | 0.95 | 4.09 | 2.99 | 3.53 |
Operating Income | -6.45 | 1.22 | 0.39 | 1.03 |
Net Income | -5.86 | 0.9 | 0.27 | 0.71 |
Period Ending: | Sep 30, 2020 | Mar 31, 2020 | Sep 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Total Assets | 20.49 | 26.45 | 21.77 | 18.5 |
Total Liabilities | 12.54 | 14.19 | 10.33 | 7.08 |
Total Equity | 7.94 | 12.26 | 11.43 | 11.42 |
Period Ending: | Sep 30, 2020 | Mar 31, 2020 | Sep 30, 2019 | Mar 31, 2019 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.63 | 0.48 | -0.06 | -5.19 |
Cash From Investing Activities | -0.14 | -0.37 | -0.27 | -0.4 |
Cash From Financing Activities | 0.48 | 2.08 | 1.2 | 4.82 |
Net Change in Cash | -0.29 | 2.19 | 0.88 | -0.77 |
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