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Commonwealth Income and Growth Fund Vi  (CIGF6)
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services
 

Profitability not reached inspite of impressive revenue at the company all along the most recent fiscal period

Commonwealth Income And Growth Fund Vi reported fourth quarter of 2022 operating deficit of $-0.076316 million


Published May 23 2023
CSIMarket Team / CSIMarket.com


rent_a_car_Danny_Robinson__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonsFor the fiscal period ending December 31 2022 Commonwealth Income And Growth Fund Vi lost money of $-0.04 per share compare to $-0.06 a year prior and grew deficit from $-0.03 per share from the prior financial reporting period.

The revenue rose in double digits by 19.037 % to $0.06 million from $0.05 million in the same financial reporting period a year prior and sequentially revenue surged by 34.296 % from $0.04 million.




In the fiscal period ending December 31 2022 Commonwealth Income And Growth Fund Vi reported net deficit of $-0.059 million, instead of deficit of $-0.106 million in the same financial reporting period a year ago.

What's more important, the company pointed out as well net loss of $-0.20 million and for the fiscal period 2022, revenue of $0.17 million.

Rental & Leasing The company has decreased it's deficit per share to $-0.11 from $-0.15 in the prior fiscal year, while revenue fell by -27.88 % from $0.24 million a year prior.

Commonwealth Income And Growth Fund Vi is expected to report next financial recent numbers on August 22, 2023.



Commonwealth Income And Growth Fund Vi's Operating Margin

Commonwealth Income And Growth Fund Vi's Price to earnings ratio PE



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