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Magnegas Corp (MNGA)

Magnegas Corp (MNGA)
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Taronis Technologies Inc. owns a patented plasma arc technology which enables end use applications for fuel generation and water decontamination. The Company is developing end market uses for fuels, including replacement products for propane, compressed natural gas and liquid natural gas. It distributes proprietary metal cutting fuel through its wholly owned distributors ESSI, Green Arc Supply, Paris Oxygen, Latex Welding Supplies, Tyler Welders Supply, United Welding Supplies, Trico Welding Supply and Complete Welding of San Diego. The Company operates primarily in California, Texas, Louisiana and Florida. Taronis Technologies Inc., formerly known as MagneGas Applied Technology Solutions Inc., is based in FL, United States.
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Sales 3,720 3,550 2,430 1,020 990
Sales Growth +4.79% +46.09% +138.24% +3.03% +45.59%
Net Income -11,020 -17,470 -9,140 -7,150 -6,320
Net Income Growth +36.92% -91.14% -27.83% -13.13% +11.48%
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Total Assets 11,650 12,880 17,760 17,480 8,390
Total Assets Growth -9.55% -27.48% +1.60% +108.34% -22.82%
Total Liabilities 4,380 9,050 1,900 780 750
Total Liabilities Growth -51.60% +376.32% +143.59% +4.00% -7.41%
(Values in U.S. Thousands) Dec, 2017 Dec, 2016 Dec, 2015 Dec, 2014 Dec, 2013
Operating Cash Flow -4,790 -8,640 -5,530 -4,640 -3,620
Operating Cash Flow Growth +44.56% -56.24% -19.18% -28.18% +21.65%
Net Cash Flow -1,030 -3,700 260 4,790 -1,250
Change in Net Cash Flow +72.16% -1,523.08% -94.57% +483.20% -3,225.00%
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