Intelligent Energy Holdings Plc Announces Unaudited Consolidated Earnings Results for the Six Months Ended 31 March 2016
Intelligent Energy Holdings Plc announced unaudited consolidated earnings results for the six months ended 31 March 2016. For the period, the company reported revenue was £43.9 million against £27.4 million a year ago. Operating loss was £44.2 million against £27.5 million a year ago. Loss before tax was £45.9 million against £27.3 million a year ago. Adjusted LBITDA was £21.6 million against £23.7 million a year ago. LBITDA was £21.7 million against £25.5 million a year ago. Loss for period attributable to owners of the company was £67.3 million against £21.4 million a year ago. Basic and diluted loss per share was 35.7 pence against 11.4 pence a year ago. Net cash outflow from operating activities was £12.7 million against £26.5 million a year ago. Purchase of intangible assets was £1.5 million against £1.8 million a year ago.