IMC net loss for Q1 2018 increased 45%

IMC's net loss in Q1 of 2018 amounts to USD 8.23 million vs USD 5.68 million for the corresponding period in the year 2017.

The company's revenue over the reported period decreased 17% as compared to the same period in 2017 and amounted to USD 30.76 million.

It is noted that the gross loss amounts to USD 27 thou. vs USD 3.29 million in Q1 of 2017. Operating loss increased 138% to USD 3.12 million.

Reference: IMC's EBITDA in 2017 amounted to USD 39.1 million (-34% y-o-y).