Annual Report: Redline Communications reports Loss of $US4.8m Corporate Wire Date: 23 March 2017 03:32 EDT
Redline Communications (TSX:RDL) reported loss for the year-ended 31 December 2016 of $US4.8m.
Major changes compared with previous year:
- Current Debtors to Total Assets up from 25.5% to 29.3%
- Current ratio up 29.4% from 3.3 to 4.3
- Working capital to total assets up from 62.9% to 69.3%
- Net tangible assets per share down 17.4% from $US1.32 to $US1.09(/li)
- Total non-current a...