MXC Capital Limited Reports Unaudited Consolidated Earnings Results for the Six Months Ended February 28, 2018
MXC Capital Limited reported unaudited consolidated earnings results for the six months ended February 28, 2018. For the six months, the company reported revenue of £296,000 against £581 million a year ago. Trading LBITDA was £838,000 against £878,000 a year ago. Adjusted LBITDA was £838,000 against adjusted EBITDA of £107,000 a year ago. Operating loss was £6,108,000 against £16,804,000 a year ago. Loss on ordinary activities before taxation was £6,114,000 against £16,802,000 a year ago. Loss for the period was £5,767,000 against £16,800,000 a year ago. Loss per share basic and diluted was 0.17 pence against 0.49 pence a year ago. Net cash flows used in operating activities was £567,000 against £2,483,000 a year ago. Payments to acquire property, plant and equipment was £47,000. Net asset value per share 1.88 pence against 1.87 pence for the first half of 2017.