Amoéba Reports Consolidated Earnings Results for the First Half Ended June 30, 2017
Amoéba reported consolidated earnings results for the first half ended June 30, 2017. For the period, the company reported turnover of EUR 75,000 compared to EUR 60,000 a year ago. Operational balance was negative of EUR 3,144,000 compared to EUR 2,672,000 a year ago. Net balance was negative of EUR 3,240,000 compared to EUR 2,688,000 a year ago. A turnover of EUR 75,000 was mainly made up of the half-yearly licence fee paid by AQUAPROX, amounting to EUR 60,000 and the invoicing of industrial R&D tests in Europe for EUR 15,000. Cash flow is EUR 8.6 million.