Qliro Group AB (publ.) announced consolidated and parent earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, on consolidated basis, the company reported net sales of SEK 1,685.5 million compared to SEK 1,649.7 million a year ago. The group's sales were impacted negatively by operational disturbances at Lekmer's new warehouse. Operating loss was SEK 31.9 million compared to SEK 3.6 million a year ago. Loss before tax was SEK 35.7 million against SEK 10.2 million a year ago. Net loss attributable to equity holders of the parent was SEK 30.1 million compared to SEK 7.6 million a year ago. Basic loss per share before and after dilution was SEK 0.20 compared to SEK 0.06 a year ago. Cash flow used in operations was SEK 47.3 million compared to cash flow from operations of SEK 86.6 million a year ago. Investments in other non-current assets were SEK 32.3 million against SEK 33.6 million a year ago. Net debt was SEK 3.8 million. EBITDA was SEK 7.0 million against SEK 15.2 million a year ago. LBIT was SEK 5.7 million against EBIT of SEK 8.0 million a year ago.

For the year, on consolidated basis, the company reported net sales of SEK 5,174.1 million compared to SEK 4,966.7 million a year ago. Operating loss was SEK 122.7 million compared to profit of SEK 33.0 million a year ago. Loss before tax was SEK 130.0 million against profit of SEK 8.4 million a year ago. Net loss attributable to equity holders of the parent was SEK 101.6 million compared to profit of SEK 2.8 million a year ago. Basic loss per share before and after dilution was SEK 0.68 compared to earnings of SEK 0.02 a year ago. Cash flow used in operations was SEK 420.0 million compared to SEK 106.5 million a year ago. Investments in other non-current assets were SEK 117.2 million against SEK 95.6 million a year ago. Net debt was SEK 3.8 million. LBITDA was SEK 23.6 million against EBITDA of SEK 34.6 million a year ago. LBIT was SEK 65.6 million against EBIT of SEK 8.6 million a year ago.

For the quarter, on parent basis, the company reported net sales of SEK 4.7 million compared to SEK 8.0 million a year ago. Operating loss was SEK 10.2 million compared to SEK 7.2 million a year ago. Loss before tax was SEK 141.1 million against profit of SEK 7.1 million a year ago. Net loss for the period was SEK 115.9 million compared to income of SEK 6.1 million a year ago.

For the year, on parent basis, the company reported net sales of SEK 19.9 million compared to SEK 31.0 million a year ago. Operating loss was SEK 41.1 million compared to SEK 28.7 million a year ago. Loss before tax was SEK 161.6 million against SEK 28.1 million a year ago. Net loss for the period was SEK 131.9 million compared to SEK 21.4 million a year ago.