Nakama Group plc provided earnings guidance for the full year ended March 31, 2017. For the period the company expects revenue to be in the region of £22.5 million with a similar increase in net fee income. At the time of the release of the interim results on December 1, 2016 the Board of Directors had expected a stronger second half to the year, however the progression within the UK, Singapore and Melbourne businesses was slower than expected. The Group experienced fluctuations in headcount during the first half of the year which took longer than expected to correct and this produced a knock on effect that led to a slower than anticipated recovery during the second half of the year. The businesses started to deliver a gradual upturn towards the end of the financial year and the Australia and Hong Kong businesses continued to trade strongly. The expected EBITDA will be below that of the previous year and there will be a small loss before tax.