IndigoVision Group plc reported unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, revenue was $22,210,000 against $20,277,000 a year ago. Operating loss was $1,053,000 against $707,000 a year ago. Loss before taxation was $1,052,000 against $701,000 a year ago. Loss for the period attributable to equity holders of the parent was $1,053,000 against $690,000 a year ago. Diluted loss per share was 14.0 cents against 9.2 cents a year ago. Net cash from operating activities was $852,000 against net cash outflow from operating activities of $270,000 a year ago. Acquisition of property, plant and equipment was $506,000 against $463,000 a year ago. Acquisition of intangibles was $164,000 against $152,000 a year ago. Adjusted loss for the year attributable to equity shareholders was $1,053,000 or 14.0 cents against $690,000 or 9.2 cents a year ago.

The actions taken continue to drive improvements throughout the business.  As in previous years, sales are expected to be weighted towards the second half of the year and the nature of business is that the precise timing of orders is difficult to predict. Nevertheless, the current indicators continue to support the Board's target to at least break even in the current year and for the business to deliver an increase in revenues and acceptable levels of profitability from 2019.