Blue Sphere Corp. (BLSP)

[1gumbi]

Doesn’t look so bad. Revenues this year versus 0 last year.


Revenues

Revenues for the three-month period ended September 30, 2017 were $1,284,000, as compared to $0 for the three-month period ended September 30, 2016. The increase is attributable to the consolidation of the SPVs by our wholly-owned subsidiary, Bluesphere Pavia and the development fee in the amount of $562,500 which was received during the third quarter of 2017 due to the commercial completion of our Rhode Island facility.

Cost of Revenues

Cost of revenues for the three-month period ended September 30, 2017 were $809,000, as compared to $0 for the three-month period ended September 30, 2016. The increase is attributable to the consolidation of the SPVs by our wholly-owned subsidiary, Bluesphere Pavia.

Gross Profit

Gross profit for the three-month period ended September 30, 2017 were $475,000, as compared to $0 for the three-month period ended September 30, 2016. The increase is attributable to the consolidation of the SPVs by our wholly-owned subsidiary, Bluesphere Pavia.