date:Aug 25, 2014
Diamond Estates Wines Spirits today announced its results for the quarter ending June 30, 2014 (Q1 2015).
Sales for Q1 2015 were $5,166,577 compared to $5,972,682 for the quarter ended June 30, 2013 (Q1 2014), representing a decline of 13.5%. Gross margin for Q1 2015 was 50.1% compared to 46.8% for Q1 2014. Total operating expenses for Q1 2015 were $2,222,708 versus $2,182,715 for Q1 2014, a change of $39,993. Net loss and comprehensive loss for Q1 Y2015 was $197,681 versus $338,774 in Q1 2014