FastJet Plc Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2016
FastJet Plc reported audited consolidated earnings results for the year ended December 31, 2016. For the year, the company reported revenue of reported revenue of $68,538,000 against $65,055,000 a year ago. Group operating loss was $63,910,000 against $37,926,000 a year ago. Loss from continuing activities was $65,823,000 against $35,869,000 a year ago. Loss from continuing activities after tax was $65,998,000 against $36,222,000 a year ago. Loss for the year was $48,045,000 against $21,941,000 a year ago. Loss for the year attributable to shareholders of the parent was $68,483,000 against $21,941,000 a year ago. Loss per share basic and diluted was $0.84 against $0.71 a year ago. Net cash flow from operating activities was $52,336,000 against $36,899,000 a year ago. Purchase of intangibles was $82,000 against $226,000 a year ago. Purchase of property, plant and equipment was $69,000 against $13,304,000 a year ago.