Mark Hogarth Steps Down from the Board of Sigma Capital Group plc; Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2013
The company announced audited consolidated earnings results for the year ended December 31, 2013. For the year, the company reported net assets per share of 5.5 pence against 5.7 pence a year ago. Revenue from services was £5,808,000 against £2,326,000 a year ago. This reflected an increase in the revenue generated from property activities of 261% to £5.34 million. Loss from operations was £355,000 against £1,082,000 a year ago. Loss before tax was £856,000 against £1,171,000 a year ago. Loss for the year was £856,000 against £1,171,000 a year ago. Basic and diluted loss per share was 1.87 pence against 2.57 pence a year ago. Net cash used in operating activities was £494,000 against £292,000 a year ago. Purchase of property and equipment was £14,000 against £8,000 a year ago. Purchase of financial assets at fair value through profit and loss was £20,000 against £38,000 a year ago.