Tribal Group plc announced preliminary consolidated financial results for the year ended 31 December 2016. For the year, revenue was £90,255,000 against £106,725,000 for the last year. Operating profit was £63,000 against loss of £45,222,000 for the last year. Profit before tax was £864,000 against loss of £47,297,000 for the last year. Loss for the year from continuing operations was £1,157,000 or 0.7 pence per diluted share against loss of £45,436,000 or 48.1 pence per diluted share for the last year. Loss for the year was £1,157,000 or 0.7 pence per diluted share against loss of £45,516,000 or 48.2 pence per diluted share for the last year. Net cash from operating activities was £8,274,000 against outflow of £6,216,000 for the last year. Purchases of property, plant and equipment was £443,000 against £1,679,000 for the last year. Expenditure on intangible assets was £1,932,000 against £5,138,000 for the last year.

The company expects continued improvement in the profitability during the current year 2017.