Ixonos plc Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Provides Earnings Guidance for the Year 2016
For the six months, the company reported turnover of EUR 7,730,000 against EUR 9,142,000 a year ago. Operating loss was EUR 4,640,000 against EUR 3,903,000 a year ago. Loss before tax was EUR 5,724,000 against EUR 4,158,000 a year ago. Loss for the period was EUR 5,725,000 against EUR 9,096,000 a year ago. Loss attributable to equity holders of the parent was EUR 5,725,000 against EUR 9,089,000 a year ago. Diluted loss per share was EUR 0.02 against EUR 0.05 a year ago. Net cash used in operating activities was EUR 3,405,000 against EUR 3,490,000 a year ago. Investments in tangible and intangible assets were EUR 353,000 against EUR 185,000 a year ago. Negative operating cash flow per share, diluted was EUR 0.01 against EUR 0.02 per share a year ago. LBITDA was EUR 4,396,000 against EUR 3,255,000 a year ago.
For the year 2016, the company operating profit is expected to improve as compared to its performance in 2015.