Trader Media East Limited announced audited consolidated earnings results for the year ended December 31, 2016. For the year, the company's revenue was $9.8 million against $21.4 million a year ago. Operating loss was $5.2 million against $8.1 million a year ago. Loss before tax was $14.8 million against $16.3 million a year ago. Net loss attributable to equity holders of the company was $15.2 million against $16.4 million a year ago. Basic and diluted loss per share was $0.08 per share against $0.27 per share a year ago. Net cash used in operating activities was $6.6 million against $10.3 million a year ago. Purchase of property, plant and equipment and intangible assets was $13 million against $0.5 million a year ago. Adjusted LBITDA was $3.8 million against $5.9 million a year ago. Net debt as on December 31, 2016 was $4.4 million against $83.4 million as on December 31, 2015.