Sealegs Corporation Releases Preliminary Results
28 May 2004
28 May 04
Sealegs Corporation Releases Preliminary Results
Sealegs Corporation Limited (NZX:SLG) has released its preliminary financial results for the financial year ending 31 March 2004.
Operating revenues for the year totalled $261K against the previous year’s $1.375 million. The previous years total included revenues of 100% owned subsidiary Terabyte Interactive Limited, which has since been divested.
Total operating deficit for the year totalled $2.695 million. This deficit included amortisation of goodwill in the amount of $1.214 million ($657K in previous year).
