FY2018 Annual Report: Microbix Biosystems reports Loss of CAD8.6m ($US6.7m) Corporate Wire Date: 31 December 2018 22:34 EST
Microbix Biosystems (TSX:MBX) reported a loss for the year-ended 30 September 2018 of CAD8.6m ($US6.7m).
Major changes compared with previous year:
- Total current assets to Total Assets up from 23.3% to 31.4%
- Current ratio up 53.7% from 0.9 to 1.5
- Sales and marketing expenses to Revenues down from 4.6% to 4.4%
- Interest expenses to Revenues down from 9.1% to 6.8%
- Administration expenses to Revenues down ...