| Dec'17 | Jun'17 | Dec'16 | Jun'16 | Dec'15 | ||
|---|---|---|---|---|---|---|
Net Revenues: | ||||||
Software | ||||||
11,212 | - | 14,912 | - | 22,468 | ||
Hardware | ||||||
111,021 | - | 70,536 | - | 32,647 | ||
MVNO | ||||||
30,118 | - | 29,309 | - | 16,007 | ||
Others | ||||||
1,956 | - | 5,829 | - | 3,950 | ||
Net Revenues: | ||||||
Total net revenues | ||||||
154,307 | - | 120,586 | - | 75,072 | ||
Software | ||||||
7,247 | - | 7,491 | - | 12,699 | ||
Hardware | ||||||
96,247 | - | 57,452 | - | 26,101 | ||
MVNO | ||||||
22,836 | - | 28,784 | - | 16,225 | ||
Others | ||||||
811 | - | 1,709 | - | 2,980 | ||
Total cost of revenues | ||||||
127,141 | - | 95,436 | - | 58,005 | ||
Total gross profit | ||||||
27,166 | - | 25,150 | - | 17,067 | ||
Operating expenses: | ||||||
Sales and marketing expenses | ||||||
7,952 | - | 5,874 | - | 7,359 | ||
General and administrative expenses | ||||||
20,753 | - | 10,042 | - | 4,883 | ||
Research and development expenses | ||||||
6,443 | - | 5,742 | - | 7,206 | ||
Changes in the fair value of warrant liabilities | ||||||
-200 | - | -12 | - | 0 | ||
Total operating expenses | ||||||
35,348 | - | 21,670 | - | 19,448 | ||
Other operating income | ||||||
272 | - | 1,760 | - | 3,094 | ||
Operating costs | ||||||
- | 1,966 | - | 469 | - | ||
Operating (loss) income | ||||||
-7,910 | -1,966 | 5,240 | -469 | 713 | ||
Interest income | ||||||
14 | 185 | 65 | 91 | 61 | ||
Interest expense | ||||||
1,877 | - | 797 | - | 156 | ||
Other income | ||||||
633 | - | 114 | - | 208 | ||
Other expense | ||||||
121 | - | 59 | - | 35 | ||
Foreign exchange (loss) gain | ||||||
-779 | - | 692 | - | 855 | ||
(Loss) profit before income taxes | ||||||
-10,040 | - | 5,255 | - | 1,646 | ||
Income tax expense | ||||||
2,319 | - | 2,659 | - | 851 | ||
Net (loss) income | ||||||
-12,359 | - | 2,596 | - | 795 | ||
Less: net income attributable to non-controlling interests | ||||||
210 | - | -632 | - | -1,316 | ||
Unrealized gain (loss) on marketable securities held in Trust Account | ||||||
- | 15 | - | -14 | - | ||
Net (loss) income attributable to Borqs Technologies, Inc. | ||||||
-12,569 | -1,765 | 3,228 | -392 | 2,111 | ||
Add: Accretion to redemption value of convertible redeemable preferred shares | ||||||
6,956 | - | 976 | - | 2,417 | ||
Allocation to holders of Convertible Redeemable Preferred Shares | ||||||
0 | - | 2,252 | - | 0 | ||
Net (loss) income attributable to ordinary shareholders | ||||||
-19,525 | - | 0 | - | -306 | ||
(Loss) earnings per share: | ||||||
Basic | ||||||
-1.52 | - | 0.00 | - | -0.07 | ||
Diluted | ||||||
-1.52 | - | 0.00 | - | -0.07 | ||
Number of ordinary shares used in (loss) earnings per share computation: | ||||||
Basic | ||||||
12,842 | - | 4,224 | - | 4,224 | ||
Diluted | ||||||
12,842 | - | 4,224 | - | 4,224 | ||
Weighted average shares outstanding, basic and diluted | ||||||
- | 2,463 | - | 2,078 | - | ||
Basic and diluted net loss per ordinary share | ||||||
- | -0.72 | - | -0.19 | - | ||