CPT Global Limited announced audited consolidated earnings results for the six months and year ended June 30, 2016. For the year, the consolidated company reported revenue was AUD 28,750,000 against AUD 28,196,000 a year ago. Loss before income tax was AUD 2,922,000 against AUD 5,264,000 a year ago. The loss was driven by the decline in revenue in Europe of 41% and North America of 16% from the year 2015. Loss attributable to the members of the company was AUD 3,673,000 against AUD 5,056,000 a year ago. Diluted loss per share was 9.80 cents against 13.64 cents a year ago. Net cash from operating activities was AUD 1,972,000 against net cash used in operating activities of AUD 4,198,000 a year ago. Purchase for property, plant and equipment, software was AUD 61,000 against AUD 14,000 a year ago. EBITDA was AUD 1.33 million compared to loss of AUD 1.49 million a year ago.

For the six months ended 30 June 2016, the company reported EBITDA before one-off items of AUD 0.34 million.

The company announced revenue in the North American business began to grow in the second half of 2016 and expects the growth to continue into the first quarter of 2017. The company expects largest client in North America to maintain 2016 revenue levels.