New West Energy Services Inc. announced earnings results for the fourth quarter and year ended April 30, 2016. For the year, the company's revenue of $12.09 million against $21.83 million a year ago. Net loss from operations was $1.77 million against net loss of $3.77 million a year ago. Included in the net loss for 2015 was a non-cash item of a loss on goodwill impairment of $1.52 million. Loss per share - basic and diluted was $0.018 against $0.039 a year ago. EBITDA was a negative $189,000 against $31,000 a year ago. Cash flow for the year increased to $449,500 from $332,200. For the quarter, the company's revenue decreased 11% to $2.76 million against $3.11 million a year ago. Net loss from operations of $570,000 before income tax against net loss of $1 million a year ago.