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Old Apr 25, 2019, 12:24 am
  #159  
iflyjetz
 
Join Date: Jul 2001
Programs: Marriott LT Tit; Hyatt Explorist; Hilton CC Gold; IHG CC Plt; Hertz (MR) 5 star
Posts: 5,536
Q1 net loss of 1.489 billion NOK.

From the Q1 report:
Equity at the end of the first quarter was NOK 3,092 million compared to NOK 1,704 million at the end of last year. Equity increased due to the rights issue raising a net equity increase of NOK 2,927 million, offset by a net loss year to date of NOK 1,489 million and exchange rate losses from subsidiaries of NOK 54 million. Other effects amounted to NOK 3 million.
(Translation: Norwegian burned through more than half of their 3billion NOK capital raise from stock dilution)

https://finance.yahoo.com/news/norwe...052919841.html

Last edited by iflyjetz; Apr 25, 2019 at 1:23 am
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