Oventus Medical Limited Announces Consolidated and Parent Earnings Results for the Full Year Ended June 30, 2018
August 30, 2018 at 12:32 am EDT
Oventus Medical Limited announced consolidated and parent earnings results for the full year ended June 30, 2018. For the period, on consolidated basis, the company reported Revenue sale of goods of AUD 271,322 compared to AUD 447,994 for the same period a year ago. Loss before interest and tax was AUD 5,870,547 compared to AUD 6,510,114 for the same period a year ago. Diluted loss per share was 5.92 cents compared to 9.18 cents for the same period a year ago. Loss for the year attributable to members of the company was AUD 5,870,547 compared to AUD 6,510,114 for the same period a year ago. Net cash outflow from operating activities was AUD 4,635,049 compared to AUD 5,530,076 for the same period a year ago. Payments for property, plant and equipments was AUD 66,836 compared to AUD 249,959 for the same period a year ago. Payments for intangible assets was AUD 1,954,802 compared to AUD 2,251,874 for the same period a year ago. Net tangible assets per ordinary security was 11.18 cents compared to 11.63 cents for the same period a year ago.
For the period, on parent basis, the company reported Loss after income tax was AUD 786,462 compared to AUD 760,992 for the same period a year ago.