Esperite N.V. Reports Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2016
August 23, 2016 at 03:47 am EDT
Esperite N.V. reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the six months period, the company reported revenue of EUR 14,697,000 against EUR 13,909,000 a year ago. LBITDA was EUR 1,479,000 against EUR 2,030,000 a year ago. Operating loss was EUR 2,875,000 against EUR 3,332,000 a year ago. Loss before taxation was EUR 3,117,000 against EUR 3,527,000 a year ago. Loss attributable to the equity holders of the parent was EUR 2,598,000 against EUR 2,978,000 a year ago. Basic and diluted loss per share was EUR 25 against EUR 29.2 a year ago. Net cash from operating activities was EUR 505,000 against EUR 124,000 a year ago. Purchase of property, plant and equipment was EUR 105,000 against EUR 562,000 a year ago. The operational cash flow increased mainly due to improved working capital management.