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For the six months ended 30 June 2015, Odesia Group Inc revenues decreased 18% to C$2.8M. Net loss decreased 32% to C$275K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Administrative expenses decrease of 46% to C$263K (expense), Research and development expenses decrease from C$79K (expense) to C$0K.
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Revenue | 1.25 | 1.55 | 1.47 | 1.52 |
Gross Profit | 0.11 | 0.29 | 0.3 | 0.31 |
Operating Income | -0.21 | -0.04 | -0.41 | -0.01 |
Net Income | -0.22 | -0.05 | -0.61 | -0.03 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Total Assets | 2.32 | 2.71 | 3.24 | 3.7 |
Total Liabilities | 2.47 | 2.64 | 3.13 | 2.97 |
Total Equity | -0.15 | 0.06 | 0.12 | 0.72 |
Period Ending: | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | 0.12 | 0.04 | -0.07 | -0.13 |
Cash From Investing Activities | 0.28 | 0.26 | -0.04 | -0.04 |
Cash From Financing Activities | -0.34 | -0.22 | -0.21 | -0.31 |
Net Change in Cash | 0.06 | 0.08 | -0.32 | -0.48 |
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