Geo Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended December 31, 2018; Provides Revenue Guidance for the Fiscal Year 2019
February 28, 2019 at 01:01 am IST
Geo Limited announced unaudited consolidated earnings results for the six months ended December 31, 2018. For the period, the company reported revenues of NZD 2,526,000 against NZD 2,029,000 a year ago. Net loss from operations for the period was NZD 4,522,000 or 5.89 cents per basic and diluted share against NZD 2,806,000 or 7.30 cents per basic and diluted share a year ago.
The company expected to report in the fiscal year 2019, revenue growth of 25-30% and to achieve an EBITDA break-even run-rate by mid-calendar 2019.