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FY2017 Annual Report: First Global Data reports Loss of $US17.3m Corporate Wire Date: 20 November 2018 03:34 EST

Nov 20, 2018 - News Bites Canadian Markets

CANADIAN RESULTS

First Global Data (TSXV:FGD) reported a loss for the year-ended 31 December 2017 of $US17.3m.

Major changes compared with previous year:

Favourable Changes:

- Fixed Assets to Total Assets up from 2% to 5%

- Cash to Total Assets up from 37% to 55%

Unfavourable Changes:

- Total non-current assets to Total Assets down from 9% to 8%

- Cost of Goods Sold to Revenues up from 6% to 66%

- Operating Cash Flow is negative

- Total...