Ixonos Plc reported un-audited consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported turnover of EUR 3,830,000 against EUR 4,557,000 a year ago. Operating loss was EUR 2,400,000 against EUR 1,929,000 a year ago. Loss before tax was EUR 2,905,000 against EUR 2,064,000 a year ago. Loss for the period was EUR 2,906,000 against EUR 7,002,000 a year ago. Loss attributable to equity holders of the parent was EUR 2,906,000 against EUR 6,997,000 a year ago. Diluted loss per share was EUR 0.01 against EUR 0.07 a year ago. Turnover for the period was lower than in the previous year. This was mainly due to individual customers' changed situations in the United States, which led to decreased use of its services more than expected.

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.