Navamedic Asa reported unaudited consolidated earnings results for the first quarter ended March 31, 2012. Operating revenues were NOK 20,588,000, compared to NOK 16,778,000 for the last year. EBITDA was NOK 58,000, compared to LBITDA of NOK 982,000 for the last year. LBIT was NOK 1,500,000, compared to NOK 2,669,000 for the last year. Ordinary loss before tax was NOK 1,598,000, compared to NOK 2,547,000 for the last year. Net loss was NOK 1,038,000, compared to NOK 1,822,000 for the last year. Net cash outflow from operations was NOK 1,548,000, compared to NOK 338,000 for the last year. Diluted loss per share was NOK 0.12, compared to NOK 0.24 for the last year. For the group combined, the company's target is to reach a positive EBITDA for the full year 2012 and a positive net result for the group in the second half of 2013.