TAS Tecnologia Avanzata dei Sistemi S.p.A. reported consolidated earnings results for the full year ended December 31, 2013. For the year, the company reported total revenues were EUR 43,567,000 against EUR 41,562,000 a year ago. Operating loss was EUR 2,014,000 against EUR 5,295,000 a year ago.

Loss before tax was EUR 3,304,000 against EUR 5,587,000 a year ago. Loss from continuing operations was EUR 4,188,000 against EUR 6,333,000 a year ago. Net loss attributable to the Group was EUR 4,153,000 or EUR 0.10 basic and diluted per share against EUR 6,330,000 or EUR 0.15 basic and diluted per share a year ago.

Cash flow from operating activities was EUR 3,712,000 against EUR 4,000,000 a year ago. Change in intangible fixed assets was EUR 3,368,000 against EUR 2,166,000 a year ago. Change in tangible fixed assets was EUR 559,000 against EUR 159,000 a year ago.