Starcom plc provided earnings guidance for the year ended December 31, 2016. For the year, the company expects turnover of not less than $5.2 million. The board anticipates that the company will report a loss before tax of approximately $1.5 million after inventory write-downs of $450,000, but before provisions. The anticipated loss before tax is before any additional provisions which may be made in respect of receivables. Although the 2017 financial year is at a relatively early stage, the board expects that the results for 2017 will show an improvement on those for 2016 based on the remedial actions regarding Watchlock and the good level of new customer enquiries now being processed.