Trader Media East Ltd. reported unaudited consolidated earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported revenue of $16.0 million compared to $22.5 million reported a year ago. Operating loss was $3.3 million compared to $1.1 million reported a year ago.

Loss before income tax was $12.6 million compared to $4.4 million reported a year ago. Net loss from continuing operations was $11.4 million compared to $4.3 million reported a year ago. Net loss attributable to equity holders of the parent was $11.62 million or $0.232 per basic and diluted share compared to $5.0 million or $0.090 per basic and diluted share reported a year ago.

Operating LBITDA was $1.2 million against operating EBITDA of $0.6 million for the same period in the last year. Consolidated LBITDA was $1.6 million against consolidated EBITDA of $0.1 million for the same period in the last year.