Torotrak plc announced unaudited consolidated earnings results for the year ended March 31, 2016. For the period, the company reported revenue of £1,231,000 compared to £3,779,000 a year ago. Operating loss was £14,255,000 compared to £8,426,000 a year ago. Loss before tax was £14,310,000 compared to £8,391,000 a year ago. Loss for the year attributable to the owners of the parent company was £13,498,000 or 2.93 pence per basic and diluted share compared to £7,765,000 or 2.84 pence per basic and diluted share a year ago. Net cash used in operating activities was £6,947,000 compared to £6,246,000 a year ago. Acquisition of property, plant and equipment was £184,000 compared to £609,000 a year ago. Acquisition of intangible assets (patents) was £450,000 compared to £542,000 a year ago. The adjusted operating loss (before intangible asset amortisation (know-how) and exceptional items) for the current financial year was £7.4 million compared to £7.2 million a year ago.  The increase is attributable to a £1.9 million reduction in gross profit, largely offset by the £1.8 million reduction in net cash operating costs.