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I-Remit, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was PHP 14.28 million compared to PHP 71.18 million a year ago. Net loss was PHP 104.48 million compared to PHP 61.02 million a year ago. Basic loss per share from continuing operations was PHP 0.1708 compared to PHP 0.0998 a year ago.
Period Ending: | Mar 31, 2024 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Revenue | 14.28 | 10.54 | 23.81 | 71.18 |
Gross Profit | -21.83 | -10.45 | 21.91 | |
Operating Income | -124.68 | -141.29 | -128.09 | -103.7 |
Net Income | -104.48 | -138.8 | -70.65 | -61.02 |
Period Ending: | Mar 31, 2024 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Total Assets | 2146.2 | 2218.06 | 2219.05 | |
Total Liabilities | 1674.2 | 1583.38 | 1531.18 | 1465.25 |
Total Equity | 346.73 | 562.82 | 686.88 | 753.8 |
Period Ending: | Mar 31, 2024 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -64.86 | -87.96 | -191.97 | -330.84 |
Cash From Investing Activities | 1.14 | 32.97 | 5.77 | 1.16 |
Cash From Financing Activities | -21.66 | 28.24 | -38.03 | -35 |
Net Change in Cash | -88.07 | -24.25 | -217.78 | -373.07 |
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