Proem Acquisition Corp I

PAACW · NASDAQ

$0.4701−$0.0349 (−6.91%)TodayMarket closed ·
Prev close $0.505

Where the money went

Q2 FY17, from revenue to net income

Proem Acquisition Corp I brought in $22.1M of revenue in Q2 FY17. It made a net loss of $1.3M.

Revenue
$22.1M
Costs, expenses and taxes
$23.4M
Net income
−$1.3M
Net margin
-5.9%

Income statement

Revenue and profit by reporting period

Revenue
Net income
PAACW income statement, quarterly
Line itemQ4 FY16Q1 FY17Q2 FY17
Revenue$42.5M$31.2M$22.1M
Gross profit$10.1M$6.5M$5.7M
Operating income$3.5M$1.2M$0.3M
Net income$0.6M−$0.2M−$1.3M
Diluted EPS$1.68-$0.60-$3.72

Cash flow

Cash in and out from operations, investing and financing

Operating
Investing
Financing
PAACW cash flow, quarterly
Line itemQ4 FY16Q1 FY17Q2 FY17
Operating cash flow−$0.3M$1.2M−$5.0M
Investing cash flow−$1.4M−$1.8M−$2.1M
Financing cash flow−$0.3M$10.6M−$0.1M
Capital expenditure−$0.1M−$0.1M−$0.1M
Free cash flow−$0.3M$1.1M−$5.1M

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