HiPay Group SA announced audited consolidated earnings results for the full year ended December 31, 2016. For the year, the company's sales were EUR 30,704,000 against EUR 25,823,000 a year ago. EBITDA was EUR 4,634,000 against EUR 3,858,000 a year ago. Current operating profit was EUR 1,689,000 against EUR 1,142,000 a year ago. Operating loss was EUR 374,000 against EUR 3,481,000 a year ago. Loss before tax of the consolidated companies was EUR 656,000 compared with EUR 3,704,000 a year ago. Net loss of the consolidated companies was EUR 2,321,000 against EUR 2,848,000 a year ago. Net Cash flow resulting from operating activities was EUR 1,138,000 against net cash flow used in operating activities of EUR 4,318,000 a year ago. Acquisition of fixed assets was EUR 3,810,000 compared with EUR 2,481,000 a year ago.