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For the three months ended 31 March 2022, Institut za Crnu Metalurgiju ad Niksic revenues increased 19% to EUR253K. Net loss decreased 58% to EUR44K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Lower net loss reflects Depreciation/Amortization decrease of 31% to EUR39K (expense), Financial Expenses decrease from EUR1K (expense) to EUR0K.
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Jun 30, 2021 | Mar 31, 2021 |
---|---|---|---|---|
Total Revenue | 0.25 | 1.05 | 0.32 | 0.21 |
Gross Profit | 0.19 | 0.87 | 0.22 | 0.2 |
Operating Income | -0.04 | -1.01 | -0.09 | -0.1 |
Net Income | -0.04 | -1.02 | -0.09 | -0.1 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Jun 30, 2021 | Mar 31, 2021 |
---|---|---|---|---|
Total Assets | 3.13 | 3.13 | 6.16 | 6.22 |
Total Liabilities | 1.35 | 1.31 | 1.29 | 1.26 |
Total Equity | 1.78 | 1.82 | 4.86 | 4.96 |
Period Ending: | Mar 31, 2022 | Dec 31, 2021 | Jun 30, 2021 | Mar 31, 2021 |
---|---|---|---|---|
Period Length: | 3 Months | 12 Months | 6 Months | 3 Months |
Cash From Operating Activities | 0.01 | -0 | -0.02 | -0.02 |
Cash From Investing Activities | 0 | -0 | -0 | -0 |
Cash From Financing Activities | -0 | -0.01 | ||
Net Change in Cash | 0.01 | -0.01 | -0.02 | -0.02 |
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