AdUX Group Reports Unaudited Consolidated Earnings Results for the Second Quarter and First Half Year Ended June 30, 2017
AdUX Group reported unaudited consolidated earnings results for the second quarter and first half year ended June 30, 2017. For the quarter, the company reported group revenue of €14.8 million compared to €15.1 million a year ago. EBITDA was €0.7 million compared to €0.3 million a year ago.
For the first half, the company reported sales of €26.1 million compared to €28.4 million a year ago. EBITDA was €0.353 million compared to €0.309 million a year ago. Current operating loss was €0.635 million compared to €0.593 million a year ago. Operating loss was €0.410 million compared to operating profit of €0.774 million a year ago. Loss of the consolidated companies was €0.351 million compared to earnings of the consolidated companies of €0.624 million a year ago. Loss before tax of the consolidated companies was €0.351 million compared to earnings before tax of the consolidated companies of €0.624 million a year ago. Net loss of the consolidated companies was €0.456 million compared to net income of the consolidated companies of €0.243 million a year ago. Diluted earnings per share, Group share were €0.11 against €0.17 a year ago. Net cash flow used in operating activities was €1,262,000 against €3,829,000 a year ago. Acquisition of fixed assets was €704,000 against €515,000 a year ago.