OMG plc announced unaudited consolidated earnings results for the six months ended March 31, 2013. For the period, the company reported revenue of £13.044 million compared to £13.587 million a year ago. Operating loss was £0.586 million compared to operating profit of £0.373 million a year ago. Loss before taxation was £0.736 million compared to profit before taxation of £0.375 million a year ago. Loss from continuing operations was £0.504 million or 0.70 pence per basic and diluted share compared to profit from continuing operations of £0.317 million or 0.44 pence per basic and diluted share a year ago. Loss for the period attributable to owners of the parent during the period was £0.502 million or 0.70 pence per basic and diluted share compared to profit for the period attributable to owners of the parent during the period of £0.281 million or 0.39 pence per basic and diluted share a year ago. Net cash from operating activities was £1.306 million compared to £2.571 million a year ago. Purchase of property, plant and equipment was £0.381 million compared to £0.222 million a year ago. Purchase of intangible assets was £1.054 million compared to £1.007 million a year ago. Underlying loss before tax - continuing operations was £0.235 million compared to underlying profit before tax - continuing operations of £0.730 million a year ago. Total underlying loss before tax - all operations was £0.233 million compared to total underlying profit before tax - all operations of £0.694 million a year ago.

As is typical for Group, The company anticipates delivering a second half trading performance that is stronger than the first half. At a Group level The company anticipates full year revenue performance will be in line with current market expectations, driven both by continued sales of existing products and a full trading opportunity for new products introduced in the first half. The second half will see to achieve a number of important trading milestones, such as the first volume sales of Autographer and increased adoption of Horizons by new and existing Yotta customers. Whilst this strong trading expectation reaffirms belief in the Group's product offering and strategy, the company believe that profitability performance for the full year will now be a degree below current market expectations. Primarily this is due to the important investments the company have made in bringing Autographer to market: a product that will help to generate sales momentum in the second half and beyond.