The cash and cash equivalent of the company was $ 3.6m as of August 31, 2017, which was in contrast to $ 3.10m at the end of the third quarter of 2017. Net Cash Flow in Operating Activities was 0.50 M in the fourth quarter of 2017, in contrast with the net cash outflow of $ 0.90m in the fiscal year 2017. GAP gross margin was 6.0% for the fourth quarter of the fiscal year 2017, which is negative 9.0% in contrast to the gross margin for the third quarter of the fiscal year 2017. The operating margin negative for the fourth quarter of the fiscal year 2017 was 31.0%, which in contrast to negative 61.0% in the third quarter of the fiscal year 2017.
We anticipate that the first quarter ending on November 30, 2017, is estimated to be $ 2.1 million +/- 15.0%.
Revenues for the fiscal year 2017 were $ 9.20m, which reduced by $ 910 to $ 10.10m in FY16. For the fiscal year 2017, GAAP net loss for semi-stockholders was $ 4.10m, a net loss of $ 21.30m in the year 2016 or a net loss of $ 1.160 per share, net-profit of $ 7.250 per the fiscal year 2016 Opposite of deficit.
New Nokia Launched In India
The cash and cash equivalent of the company was $ 3.60m on August 31, 2017, up to $ 6.00 million by 31 August 2016. Net cash outflow in operating activities was $ 2.10m in the fiscal year 2017, net cash outflow of $ 3.40m in the fiscal year 2016, GAP gross margin was 1.0% for the fiscal year 2017, unlike the gross margin of negative 49.0% of FY13 is. The operating margin negative for the financial year 2017 was 47.0%, in contrast to 203.0% negative in the fiscal year 2017.
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