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Vixs Result 14/09/2016

Vixs reported Q2 2017 net loss of $2.6 million, down 13% YoY from $3 million. Turnover was $7.8 million, up 31% YoY from $5.9 million. For the six month period, net loss was $5.8 million, up 23%YoY from $4.7 million. Turnover for the same period was $13.5 million, down 15% YoY. from $15.9 million.

Analyst Comment

Vixs recently got a significant investment which, the company told us at IBC, should see it through to positive cash flow. (BR)