Ten Alps PLC announced unaudited consolidated earnings results for the half year ended December 31, 2015. For the period, the company announced revenue of GBP 12,084,000 against GBP 10,171,000 a year ago. LBITDA was GBP 355,000 against GBP 642,000 a year ago. Operating loss was GBP 275,000 compared to GBP 733,000 for the same period a year ago. Loss before tax was GBP 998,000 compared to GBP 933,000 for the same period a year ago. Loss before tax was GBP 354,000 compared to GBP 998,000 for the same period a year ago. Loss for the period was GBP 354,000 compared to GBP 998,000 for the same period a year ago. Loss for the period from continuing operations attributable to equity holders was GBP 354,000 compared to GBP 998,000 for the same period a year ago. Basic and diluted loss per share from continuing operations was 0.09 pence compared to 3.61 pence for the same period a year ago. Basic and diluted loss per share was 0.09 pence compared to 3.61 pence for the same period a year ago. Net cash flows used in operations activities was GBP 4,150,000 compared to GBP 343,000 for the same period a year ago. Purchase of property, plant and equipment was GBP 82,000 compared to GBP 6,000 for the same period a year ago. Adjusted loss for year attributable to shareholders was GBP 941,000 compared to GBP 911,000 for the same period a year ago. Adjusted diluted loss per share was 0.12 pence against 3.40 pence a year ago. The net cash position was GBP 0.05 million compared with a net debt position at the prior period end of GBP 6.39 million.

For the full year 2016, the company remains on track to generate a full year profit for the first time in a number of years and to continue momentum into the medium term.