Nexstim Plc reported earnings results for the six months and full year ended December 31, 2017. For the six months, the company reported net sales of EUR 1,587,000 compared to EUR 1,590,100 a year ago. Loss for the period was EUR 3,894,100 compared to EUR 2,506,200 a year ago. Loss per share was EUR 0.04 compared to EUR 0.16 a year ago. Cash flows used in operating activities were EUR 2,611,700 compared to EUR 1,984,600 a year ago.

For the full year, the company reported net sales of EUR 2,645,300 compared to EUR 2,482,600 a year ago. Loss for the period was EUR 7,327,900 compared to EUR 6,732,700 a year ago. Loss per share was EUR 0.09 compared to EUR 0.56 a year ago. Cash flows used in operating activities were EUR 5,402,900 compared to EUR 7,225,300 a year ago.

For 2018, based on its business forecast, the company expects financial year 2018 to be a year of multiple investments and a larger loss than in financial year 2017 is expected for the period.