iQ Power Licensing AG announced financial results for the year 2016. For the year, the company reported operating revenues from the operating business of CHF 0.63 million against CHF 0.27 million for the same period a year ago. Results from operations were CHF 2.2 million against CHF 1.7 million for the same period a year ago. The improvement is the result of higher revenues as well as lower costs for patents. The total loss of the company for the year 2016 amounts to CHF 4.3 million against CHF 2.5 million a year ago.

The company expects a positive operating cash flow in 2017.