Smartphoto Group NV reported earnings results for the first half ended June 2014. For the period, the company reported total revenue of EUR 12.173 million compared to EUR 12.872 million a year ago. Negative EBITDA was EUR 0.429 million compared to EUR 0.928 million a year ago. Loss from continuing operations was EUR 1.873 million compared to EUR 2.373 million a year ago. Loss attributable to equity holders of the parent company was of EUR 1.865 million compared to EUR 2.222 million a year ago. Net financial debt was EUR 3.822 million compared to EUR 3.942 million a year ago.

The company expects for the entire fiscal year 2014 the same level of revenue at a strongly improved profitability compared to the financial year 2013.