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For the fiscal year ended 31 December 2017, Konared Corp revenues increased from $1.1M to $2.9M. Net loss increased from $3.3M to $13.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Change in fair market value of derivativ decrease from $7K (income) to $9M (expense), General and administrative expenses increase of 25% to $3.4M (expense).
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Revenue | 0.59 | 0.74 | 1.55 | 0.59 |
Gross Profit | -0.1 | 0.41 | 0.23 | 0.19 |
Operating Income | -1.94 | -0.99 | -1.44 | -0.69 |
Net Income | -10.56 | -1.01 | -2.36 | -1.11 |
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Total Assets | 1.97 | 0.78 | 0.92 | 0.84 |
Total Liabilities | 9.88 | 1.26 | 2.18 | 2 |
Total Equity | -7.91 | -0.48 | -1.26 | -1.16 |
Period Ending: | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 |
---|---|---|---|---|
Period Length: | 12 Months | 9 Months | 6 Months | 3 Months |
Cash From Operating Activities | -2.81 | -1.58 | -1.02 | -0.36 |
Cash From Investing Activities | -0.01 | |||
Cash From Financing Activities | 4.05 | 1.55 | 1.05 | 0.44 |
Net Change in Cash | 1.24 | -0.03 | 0.03 | 0.08 |
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