Frontera Investment, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2012. For the quarter, the company reported total revenues of $1,139,845 against $1,008,787 a year ago. Ordinary loss was $75,764 against $103,259 a year ago. EBITDA was $9,456 against LBITDA of $25,504 a year ago. Net loss before income taxes was $181,350 against $115,419 a year ago. Net loss was $116,621 or $0.020 per basic share against $72,619 or $0.012 per basic share a year ago. Revenue decline was largely offset by reduction in check losses, but as pawn loans outstanding increased in 2012, compared to 2011.

For the six months, the company reported total revenues of $2,440,560 against $2,135,058 a year ago. Ordinary loss was $81,492 against $34,411 a year ago. EBITDA was $87,338 against $102,794 a year ago. Net loss before income taxes was $247,557 against $108,639 a year ago. Net loss was $161,028 or $0.027 per basic share against $68,039 or $0.012 per basic share a year ago. Net cash used in operating activities was $204,899 against $106,664 a year ago. Purchase of fixed assets was $99,444 against $235,632 a year ago. The increase in cash used in operations period over period was primarily due to the increase in net loss period over period.