Academies Australasia Group Ltd. Announces Preliminary Consolidated Earnings Results for the Year Ended June 30, 2016
August 12, 2016 at 05:18 am EDT
Academies Australasia Group Ltd. announced preliminary consolidated earnings results for the year ended June 30, 2016. For the period, revenues from ordinary activities were AUD 55,212,000 compared to AUD 56,945,000 a year ago. Loss from ordinary activities before tax was AUD 5,879,000 compared to AUD 388,000 a year ago. Loss from ordinary activities after tax was AUD 4,312,000 compared to profit of AUD 173,000 a year ago. Loss attributable to members of the parent entity was AUD 4,226,000 compared to AUD 3,000 a year ago. Net operating cash flows were AUD 1,102,000 compared to AUD 638,000 a year ago. Purchases of plant and equipment were AUD 981,000 compared to AUD 649,000 a year ago. Diluted LPS was 6.0 cents compared to diluted EPS 0.9 cents a year ago. LBITDA was AUD 2.91 million compared to EBITDA of AUD 1.97 million a year ago. This LBITDA was mainly because of Spectra Training's LBITDA of AUD 3.04 million.