Sealegs Corporation Limited Reports Consolidated Unaudited Earnings Results for the Year Ended March 31, 2017
Sealegs Corporation Limited reported consolidated unaudited earnings results for the year ended March 31, 2017. For the year, the company’s revenue was NZD 17,706,482 compared to NZD 18,564,351 a year ago. Profit before share options & impairment of assets was NZD 1,309,547 compared to NZD 924,784 a year ago. Profit for the year before income tax was NZD 627,823 compared to NZD 507,576 a year ago. Profit for the year attributable to company shareholders was NZD 627,823 compared to NZD 507,576 a year ago. Diluted earnings per share were 0.48 cents compared to 0.41 cents a year ago. Net cash flows from operating activities were NZD 1,504,093 compared to NZD 304,791 a year ago. Purchase of fixed assets was NZD 31,592 compared to NZD 98,580 a year ago. Payments for patents & trademarks were NZD 44,880 compared to NZD 19,274 a year ago.