Curasan AG announced preliminary results for the fiscal year 2016. For the year, adjusted sales revenues for the full year 2016 rose by 16.1% to EUR 6.9 million compared to EUR 5.9 million a year ago. Of this, EUR 2.10 million was earned in the fourth quarter, corresponding to an increase of 36.4% over the previous year. As previously announced, gross sales revenues for 2016 are thus in the middle of the expected range from EUR 6.7 million to EUR 7.1 million. Loss before taxes, interest, depreciation and amortization (LBITDA) amounted to EUR 2.1 million compared to EBITDA of EUR 2.1 million a year ago. Loss before taxes and interest (LBIT) was EUR 2.7 million were likewise significantly below those of the previous year compared to EUR 1.5 million in 2015. After capitalization of loss carried forward leading to a tax income of EUR 0.7 million, the deficit for the year amounted to EUR 2.1 million, corresponding to a loss per share of EUR 0.21.


The management board of curasan AG expects continuing dynamic business performance in fiscal year 2017. Based on the internal budget planning process and the expectations of external sales partners, the company thus anticipates gross sales revenues between EUR 8.5 million to EUR 8.8 million. The management board therefore expects a target figure between EUR -1.6 and EUR - 2.0 million for the net result.