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For the nine months ended 31 March 2017, Point.360 revenues decreased 28% to $21.2M. Net loss totaled $8.4M vs. income of $779K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net loss reflects Gain on bargain asset purchase decrease from $4.1M (income) to $0K, Other income decrease of 15% to $619K (income), Interest Expense increase of 28% to $466K (expense).
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Revenue | 6.66 | 6.56 | 8.02 | 8.24 |
Gross Profit | 1.19 | 0.36 | 1.64 | 1.51 |
Operating Income | -2.54 | -3.68 | -2.33 | -2.52 |
Net Income | -2.44 | -3.63 | -2.33 | -2.54 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Total Assets | 11.14 | 12.13 | 21.76 | 20.54 |
Total Liabilities | 14.78 | 13.4 | 19.51 | 16.11 |
Total Equity | -3.64 | -1.28 | 2.25 | 4.43 |
Period Ending: | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 |
---|---|---|---|---|
Period Length: | 9 Months | 6 Months | 3 Months | 12 Months |
Cash From Operating Activities | -5.41 | -4.71 | -2.02 | -4.64 |
Cash From Investing Activities | 8.12 | 8.62 | -0.72 | -1.31 |
Cash From Financing Activities | -2.64 | -3.93 | 2.73 | 5.97 |
Net Change in Cash | 0.06 | -0.01 | -0.01 | 0.03 |
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