Smartphoto Group NV Reports Earnings Results for the First Half Ended June 2014; Provides Earnings Guidance for the Full Year of 2014
August 27, 2014 at 11:07 pm
Smartphoto Group NV reported earnings results for the first half ended June 2014. For the period, the company reported total revenue of EUR 12.173 million compared to EUR 12.872 million a year ago. Negative EBITDA was EUR 0.429 million compared to EUR 0.928 million a year ago. Loss from continuing operations was EUR 1.873 million compared to EUR 2.373 million a year ago. Loss attributable to equity holders of the parent company was of EUR 1.865 million compared to EUR 2.222 million a year ago. Net financial debt was EUR 3.822 million compared to EUR 3.942 million a year ago.
The company expects for the entire fiscal year 2014 the same level of revenue at a strongly improved profitability compared to the financial year 2013.