MEMSCAP, S.A. Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2017
March 22, 2018 at 02:30 am EDT
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MEMSCAP, S.A. announced audited consolidated earnings results for the year ended December 31, 2017. For the period, the company reported revenues of EUR 11,652,000 compared to EUR 11,714,000 a year ago. Operating loss was EUR 629,000 compared to profit of EUR 14,000 a year ago. Loss for the year from continuing operations before tax was EUR 616,000 compared to profit of EUR 108,000 a year ago. Loss for the year from continuing operations was EUR 824,000 compared to profit of EUR 108 a year ago. Loss for the year was EUR 824,000 compared to profit of EUR 108,000 a year ago. Diluted loss per share for the year attributable to ordinary equity holders of the parent was EUR 0.11 compared to profit of EUR 0.01 a year ago. Total net cash flows from operating activities was EUR 549,000 compared to EUR 1,213,000 a year ago. Purchase of fixed assets was EUR 468,000 compared to EUR 416,000 a year ago.
Memscap is the leader in designing, manufacturing and marketing components, modules, systems and solutions based on micro electro-mechanical systems (MEMS). MEMS combine semiconductor micro-electronics with micro-manufacturing technology to make entire systems contained on one chip. The group organizes its activity around 3 core sectors:
- standard products: integrating the design and manufacture of sensors and multifunctional measurement systems for the areas of medicine, biomedicine, aerospace industry and defense;
- customized products: including the design and manufacture of MEMS components, the intellectual property licenses granting and customers cooperation projects for the custom-made development and production;
- dermo-cosmetic pole: integrating the operations and management of the group's assets related to the areas of dermatology and cosmetology, including the Ioma brand.
MEMSCAP 
