FFI Holdings PLC announced unaudited consolidated earnings results for the six months ended September 30, 2017. For the six months, the company reported revenue of $24,238,965 against $15,566,502 a year ago. Operating loss was $1,811,479 against operating income of $4,884,443 a year ago. Loss before taxation was $1,797,408 against profit before taxation of $4,701,189 a year ago. Loss from continuing operations was $3,608,142 against profit from continuing operations of $2,573,798 a year ago. Loss was $3,608,142 against profit of $2,636,852 a year ago. Loss attributable to owners of the company was $3,682,918 against profit attributable to owners of the company of $2,425,368 a year ago. Basic and diluted loss per share was 2.44 cents against basic and diluted earnings per share of 1.65 cents a year ago. Basic and diluted loss per share from continuing operations was 2.46 cents against basic and diluted earnings per share from continuing operations of 1.89 cents a year ago. Net cash used in operating activities was $4,916,399 against net cash from operating activities of $5,205,333 a year ago. Purchases of intangible assets were $2,236,466. Purchase of property, plant and equipment were $542,036 against $16,447 a year ago. Underlying EBIT was $7.1 million against $5.4 million a year ago. Underlying operating cash flow was $7.5 million against $5.7 million a year ago.

The company provided earnings guidance for the fiscal year ending 31 March 2018. The Board expects to report underlying EBIT in the range of $15 million - $18 million for the fiscal year ending 31 March 2018.