SeaDragon Limited Announces Unaudited Consolidated Earnings Results for the Year Ended March 31, 2018
SeaDragon Limited announced unaudited consolidated earnings results for the year ended March 31, 2018. For the quarter, the company reported revenue of NZD 3,028,000 against NZD 4,331,000 a year ago. Operating loss was NZD 5,410,000 against NZD 6,221,000 a year ago. Loss before income tax was NZD 6,057,000 against NZD 6,659,000 a year ago. Total comprehensive loss attributable to the owners of the company was NZD 6,057,000 against NZD 6,659,000 a year ago. Loss per basic and diluted share was 0.13 cents against 0.18 cents a year ago. Net cash flows used in operating activities were NZD 4,650,000 compared to NZD 3,882,000 a year ago. Purchase of property, plant and equipment was NZD 270,000 compared to NZD 138,000 a year ago. Normalised LBITDA was NZD 4,522,000 compared to NZD 4,703,000 a year ago.