Cellcast plc announces audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported total revenue of £12,072,101 against £11,840,875 a year ago. Operating profit was £546,285 against £421,691 a year ago. Profit before taxation was £651,999 against £451,438 a year ago. Profit for the year and total comprehensive income attributable to owners of the parent was £644,804 against £529,822 a year ago. Basic and diluted earnings per share were 0.8 pence against 0.7 pence a year ago. Net cash inflow from operations was £457,707 against net cash outflow from operations £556,463 a year ago. Purchase of property, plant and equipment was £19,010 against net cash outflow from operations £55,659 a year ago.

The company provided revenue guidance for the year 2017. The directors expect the group's core voice and SMS revenues, which are driven by the UK interactive broadcast business, to continue to decline through 2017 as they have done through 2015 and 2016, as the entire industry sector continues to contract and experience difficult trading conditions. The company expects the potential for a decline in new customer acquisitions, which of itself could lead to further revenue decline in the medium term.