Hubwoo reported earnings results for the first half of 2016. For the first half, the company reported revenue of €11.0 million compared to €13.0 million, EBITDA of €2.5 million compared to €1.3 million, EBIT of €0.6 million compared to LBIT of €15.5 million, net Earnings of €0.5 million compared to net loss of €15.8 million and operating cash out flow of €0.5 million compared to operating cash flow of €0.4 million for the last year.