Smartphoto Group NV Reports Earnings Results for the First Half Ended June 2014; Provides Earnings Guidance for the Full Year of 2014
August 27, 2014 at 06:07 pm EDT
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.