SeaDragon Limited Reports Audited Consolidated Earnings Results for the Year Ended March 31, 2017
SeaDragon Limited reported audited consolidated earnings results for the year ended March 31, 2017. For the year, the company reported revenue of NZD 4,286,000 compared to NZD 5,585,000 a year ago. Operating loss was NZD 6,221,000 compared to NZD 5,297,000 a year ago. Loss before taxation was NZD 6,659,000 compared to NZD 5,523,000 a year ago. Loss attributable to equity holders of the Group was NZD 6,659,000 compared to NZD 5,523,000 a year ago. Basic and diluted loss per share was 0.18 cents compared to 0.22 cents a year ago. Net cash used in operating activities was NZD 3,882,000 compared to NZD 3,342,000 a year ago. Purchase of property, plant and equipment was NZD 142,000 compared to NZD 6,890,000 a year ago. Normalized EBITDA losses were NZD 4,399,000 compared to NZD 389,000 a year ago.