Avidly Oyj reported consolidated earnings results for the second half and full year ended December 2018 and parent earnings results for the full year ended December 2018. For the second half, the consolidated revenue was EUR 10,100,000 against EUR 7,424,000 a year ago. EBIT improved by EUR 67,000 and was EUR 264,000 against EUR 197,000 equalling 2.6% of revenue that is 2.7%. Profit for the period was EUR 153,000 against EUR 344,000 a year ago. Earnings per share were EUR 0.08 against EUR 0.25 a year ago.

For the full year, the consolidated revenue was EUR 19,770,000 against EUR 15,665,000 a year ago. EBIT was EUR 616,000 against EUR 1,064,000 a year ago. Profit for the period was EUR 352,000 against EUR 960,000 a year ago. Earnings per share were EUR 0.22 against EUR 0.69 a year ago.

For the full year, the parent company revenue totaled EUR 4,870,000 against EUR 1,962,000, its operating profit was EUR 363,000 against EUR 123,000 and result for the period was EUR 88,000 against EUR 117,000 a year ago.

For the full year of 2019, the company estimates that its revenue will be EUR 22 million to EUR 24 million and EBIT will improve compared to 2018 i.e. EUR 0.6 million.