| Jun'18 | Jun'17 | Jun'16 | ||||
|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES: | ||||||
Net income | ||||||
2,714 | 2,221 | 1,784 | ||||
Adjustments to reconcile net income to net cash (used in) provided by operating activities: | ||||||
Depreciation and amortization | ||||||
206 | 143 | 54 | ||||
Deferred tax benefit | ||||||
-208 | -221 | -96 | ||||
Loss from equity investment | ||||||
-8 | 0 | 0 | ||||
Provision for doubtful accounts | ||||||
96 | 86 | 5 | ||||
Loss from disposal of property and equipment | ||||||
-1 | 0 | 0 | ||||
Changes in assets and liabilities | ||||||
Accounts receivable | ||||||
9,753 | 2,410 | -1,053 | ||||
Prepayment, deposits and other assets | ||||||
-613 | -357 | 417 | ||||
Prepaid income tax | ||||||
33 | 168 | 0 | ||||
Accounts payable and other current liabilities | ||||||
592 | 52 | 27 | ||||
Taxes payable | ||||||
251 | 219 | 208 | ||||
Deferred revenue | ||||||
11 | 110 | 0 | ||||
Customer deposits | ||||||
102 | 48 | 51 | ||||
Salaries and benefits payable | ||||||
1,848 | 899 | 957 | ||||
Net cash (used in) provided by operating activities | ||||||
-4,772 | 624 | 4,462 | ||||
CASH FLOWS FROM INVESTING ACTIVITIES: | ||||||
Acquisition of property and equipment | ||||||
231 | 62 | 327 | ||||
Payment for business acquisition | ||||||
107 | 349 | 0 | ||||
Cash acquired from acquisition | ||||||
0 | 266 | 0 | ||||
Disposition (acquisition) of long term investment | ||||||
153 | -44 | 46 | ||||
Net cash used in investing activities | ||||||
-492 | -101 | -374 | ||||
CASH FLOWS FROM FINANCING ACTIVITIES: | ||||||
Proceeds from short-term bank loans | ||||||
5,659 | 0 | 0 | ||||
Repayment of short-term bank loans | ||||||
3,060 | 0 | 0 | ||||
Capital contribution by shareholders | ||||||
0 | 0 | 2,135 | ||||
Capital contributions from IPO and over-allotment, net | ||||||
11,022 | 0 | 0 | ||||
Escrow receivable | ||||||
-200 | 0 | 0 | ||||
Due from underwriter on the over-allotment | ||||||
-1,472 | 0 | 0 | ||||
Cash paid for issuance cost of IPO | ||||||
283 | 0 | 0 | ||||
Non-controlling interest shareholder's contribution | ||||||
0 | 6 | 46 | ||||
Purchase of non-controlling interest | ||||||
0 | 0 | -6 | ||||
Restricted cash | ||||||
0 | 0 | 155 | ||||
Amounts due from related parties | ||||||
-12 | 0 | 2,491 | ||||
Amounts due to related parties | ||||||
936 | 102 | -77 | ||||
Dividend paid | ||||||
612 | 736 | 5,279 | ||||
Net cash provided by (used in) financing activities | ||||||
10,103 | -832 | -378 | ||||
Effect of exchange rate changes on cash | ||||||
90 | -153 | -227 | ||||
Net increase (decrease) in cash | ||||||
4,928 | -462 | 3,481 | ||||
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||||||
Income tax paid | ||||||
325 | 335 | 285 | ||||
Cash paid for interest | ||||||
74 | - | - | ||||
Non-Cash Transactions of Investing and Financing Activities | ||||||
Dividend payable included in due to related parties | ||||||
0 | 585 | 0 | ||||
Payable for business acquisition | ||||||
584 | 128 | 0 | ||||
Payable for investment - cost method | ||||||
151 | 0 | 0 | ||||
Dividend contributed to capital | ||||||
0 | 0 | 1,242 | ||||
Capital contribution from non-controlling shareholders | ||||||
0 | 0 | 0 | ||||
Prepaid for issuance costs of IPO in the previous year | ||||||
79 | 0 | 0 | ||||