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For the six months ended 30 June 2016, Vita Societa Editoriale SpA revenues increased 24% to EUR2.5M. Net loss applicable to common stockholders increased 23% to EUR423K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Personnel Expense increase of 27% to EUR1.1M (expense), Write-Down of Receivables increase from EUR0K to EUR15K (expense).
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Revenue | 2.46 | 2.23 | 1.99 | 2.14 |
Gross Profit | 2.33 | 2.33 | 2.23 | 2.45 |
Operating Income | -0.15 | -0.21 | -0.2 | -0.18 |
Net Income | -0.42 | -0.27 | -0.34 | 0 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Total Assets | 8.67 | 8.08 | 7.32 | 7.26 |
Total Liabilities | 7.53 | 6.51 | 5.41 | 5.08 |
Total Equity | 1.14 | 1.56 | 1.91 | 2.18 |
Period Ending: | Jun 30, 2016 | Dec 31, 2015 | Jun 30, 2015 | Dec 31, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months | 12 Months |
Cash From Operating Activities | -0.36 | -0.01 | -0.2 | -0.43 |
Cash From Investing Activities | -0.14 | -1.04 | -0.32 | -2.62 |
Cash From Financing Activities | -0.05 | 0.5 | 0.41 | 1.76 |
Net Change in Cash | -0.56 | -0.55 | -0.1 | -1.29 |
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