Accsys Technologies PLC Announces Preliminary Audited Consolidated Earnings Results for the Year Ended March 31, 2017
June 20, 2017 at 02:54 am EDT
Accsys Technologies PLC announced preliminary audited consolidated earnings results for the year ended March 31, 2017. For the year, the company’s total group revenue was EUR 56,529,000 against EUR 52,769,000 a year ago. Operating loss was EUR 3,801,000 against EUR 288,000 a year ago. Loss before taxation was EUR 4,359,000 against EUR 466,000 a year ago. Loss for the year was EUR 5,025,000 against EUR 868,000 a year ago. Basic and diluted loss per ordinary share was EUR 0.05 against EUR 0.01 a year ago. Net cash flows used in operating activities was EUR 2,050,000 against net cash generated from operating activities of EUR 681,000 a year ago. Expenditure on property, plant and equipment was EUR 6,416,000 against EUR 2,565,000 a year ago. Expenditure on intangible assets was EUR 415,000 against EUR 1,490,000 a year ago. LBITDA was EUR 1,088,000 against EBITDA of EUR 2,384,000 a year ago. LBITDA (before exceptional items) was EUR 1,206,000 against EBITDA of EUR 2,384,000 a year ago. Total revenue increased by 7% notwithstanding the previous year reflected a greater contribution from one-off licensing income; Accoya revenue increased by 17%.