LiDCO Group plc reported unaudited consolidated earnings results for the six months ended July 31, 2017. For the period, the company reported revenue of £3,942,000 compared to £3,774,000 a year ago. Loss from operations was £1,015,000 compared to £356,000 a year ago. Loss before tax was £1,012,000 compared to £353,000 a year ago. Loss for the year and total comprehensive loss attributable to equity holders of the parent was £1,017,000 or 0.42 pence per basic and diluted share compared to £363,000 or 0.19 pence per basic and diluted share a year ago. Net cash outflow from operating activities was £420,000 compared to net cash inflow from operating activities of £856,000 a year ago. Purchase of property, plant & equipment was £235,000 compared to £130,000 a year ago. Purchase of intangible assets was £266,000 compared to £231,000 a year ago. LBITDA was £609,000 against £1,000 a year ago.

The board continues to expect sales growth for the full year 2017 to be similar to the growth shown in the first half with strong sales in the core UK and targeted US markets. With the new products and additional sales resources, the board looks forward to the future with confidence.