Q report....here is part.
Press Release: Ameri100 Announces Fourth Quarter and Full Year 2018 Financial Results
8:02 am ET March 26, 2019 (Dow Jones) Print
Press Release: Ameri100 Announces Fourth Quarter and Full Year 2018 Financial Results
Ameri100 Announces Fourth Quarter and Full Year 2018 Financial Results
ATLANTA, March 26, 2019 (GLOBE NEWSWIRE) -- AMERI Holdings, Inc. (NASDAQ: AMRH) ("Ameri100" or the "Company"), a specialized SAP(R) cloud, digital and enterprise services company, today reported its fourth-quarter and full-year 2018 financial results.
Full Year 2018 vs. Full Year 2017
-- Revenue of $43.0 million compared to $48.6 million;
-- Gross profit of $9.0 million compared to $10.2 million;
-- Gross margin of 20.9% compared to 21.1%;
-- Operating loss of $(7.1) million compared to an operating loss of $(10.9)
million. Included in the 2018 operating loss is a $9.0 million impairment
on goodwill with respect to certain reporting units and intangible asset
with respect to certain customer lists and a one-time non-cash gain of
$6.9 million as a result of the Company's change in estimate of its
consideration payable related to a prior acquisition;
-- GAAP net loss of $(19.4) million compared to $(11.1) million. Included in
the 2018 net loss is a negative $2.8 million in changes in fair value of
warrants issued in connection with a previously disclosed placement
transaction;
-- Loss per share of $(0.82) compared to $(0.75). Loss per share for 2018
includes the issuance of 22.6 million shares of common stock and exercise
