Aethlon Medical, Inc. saw its loss widen to $7.28 million, or $0.94 a share for the year ended Mar. 31, 2017. In the previous year period, the company reported a loss of $4.87 million, or $0.66 a share.
Revenue during the year plunged 55.78 percent to $0.39 million from $0.89 million in the previous year.
Operating loss for the year was $6.10 million, compared with an operating loss of $4.38 million in the previous year.
Debt moves up marginally
Aethlon Medical has witnessed an increase in total debt over the last one year. It stood at $0.52 million as on Mar. 31, 2017, up 3.81 percent or $0.02 million from $0.50 million on Mar. 31, 2016. Aethlon Medical has witnessed an increase in long-term debt over the last one year. It stood at $0.52 million as on Mar. 31, 2017, up 3.81 percent or $0.02 million from $0.50 million on Mar. 31, 2016. Disclaimer: Please note that this is an auto-generated article. IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website. For queries contact: [email protected]