2018-2019 Yearly Financial Statement

SUMMARY

The 2018-2019 Yearly FInancial Statement has been approved for ciruclation on July 18th, 2020 by the Board of Directors. This years Financial Statements will also feature a comparison of each quarter Financial results, and the yearly results in the documents. Additionally, Changes in Equity and Cash Flow statements have been prepared in comparison to the 2017-2018 Yearly Financial Statements. For the 2019-2020 Financial Statements, we will feature Cash Flow statements and Changes in equity as part of the quarterly statements. Click below for the 2018-2019 Yearly Financial Statement.

Quarter 4 2018-2019 Financial Statements

SUMMARY

Quarter 4 of the 2018-2019 financial year has resulted in total expenditures of 127.803BHD, an increase of 40%. Total Losses are 127.803BHD for the quarter (100%). Total Net Equity stands at 0BHD, with Total Capital at 439.126BHD, and retained losses at 439.126BHD. Click below or Quarter 4 2018-2019 Financials.

Quarter 3 2018-2019 Financial Statements

SUMMARY

Quarter 3 of the 2018-2019 Financial Year has resulted in total expenditures of 91.392BHD, an increase of 405% from the previous Quarter. Total losses are 91.392BHD (100%). Total net equity stands at 0BHD, with capital at 311.323BHD, and retained losses at 311.323BHD. Click Below for Quarter 3 2018-2019 Financail Year

Quarter 2 2018-2019 Financial Statements

SUMMARY

Quarter 2 of the 2017-2018 Financial Year resulted in total spending of 18.096BHD, a 62% decrease in expenditures. Total net loss is 18.096BHD (100%). Net equity stands at 0BHD, with total capital of 219.931BHD, with Retained losses of 219.931BHD. Click below for Quarter 2 2018-2019 Financail Statements.

Quarter 1 2018-2019 Financial Statements

SUMMARY

Quarter 1 of 2018-2019 has resulted in expenditures of 48.004BHD, with a net loss of 48.004BHD (100% net loss). Net Equity is currently at 0BHD. For more information, please click below

2017-2018 End of Year Financial Statements

SUMMARY

The 2017-2018 Financial Year has seen a total expenditure of 153.831 Bahraini Dinars. The largest drive of expenditures is website expenses, compromising 66% of total expenditures. This follows by G-Suite expenditures with 19% of expenditures, and Advertising with 15% of expenditures. All expenditure for the year was covered by capital raised by Shareholders

Quarter 4 2017-2018 Financial Statements

SUMMARY

Quarter 4 of 2017-2018 Financial Year saw total expenditures of 38.140 Bahraini Dinars, a 13% decrease in Quarter to Quarter expenditures. Quarter 4 saw a decrease in advertising expenditures from 13.195 Bahraini Dinars to 7.540 Bahraini Dinars.

Quarter 3 2017-2018 Financial Statements

SUMMARY

Quarter 3 of 2017-2018 Financial year saw total expenditures of 43.795 Bahraini Dinars, a 43% increase in total expenditures. Increases in expenditures was lead by an increase in advertising expenditures for articles, totaling 13.195 Bahraini Dinars. There were no changes for other expenditures.

Quarter 2 2017-2018 Financial Statements

SUMMARY

Quarter 2 of the 2017-2018 Financial year resulted in total spending of 30.600 Bahraini Dinars, a 26% decrease in Quarter to Quarter expenditures. This quarter has seen no expenditures on advertising, and a decrease in expenditure for website expenses, given that in the first quarter, BRG pays a yearly domain renewal fee to squarespace.

Quarter 1 2017-2018 Financial Statements

SUMMARY

Quarter 1 of the 2017-2018 Financial year saw expenditures of 41.296 Bahraini Dinars.