Sabien Technology Group Plc provided earnings guidance for the financial year to June 30, 2014. For the period, the company expects to report a loss of up to £0.3 million. The company's net cash position remains strong and, despite the loss forecast for the year, is expected to be at least at the same level at 30 June 2014 as it was at 30 June 2013 £1.36 million. The reason is due to the reduction in working capital over the period.

The shortfall in revenue relative to management expectations is due to a delay in the receipt of some substantial customer orders that were expected to be received in the second half of the financial year but which now are expected in the first half of the next financial year.