LiDCO Group plc announced unaudited consolidated earnings results for the six months ended July 31, 2016. For the period, the company reported revenue of GBP 3,774,000 compared to GBP 3,603,000 a year ago. Loss from operations was GBP 356,000 compared to GBP 691,000 a year ago. Loss before tax was GBP 353,000 compared to GBP 689,000 a year ago. Loss for the year and total comprehensive loss attributable to equity holders of the parent was GBP 363,000 or 0.19 pence per basic and diluted share compared to GBP 692,000 or 0.36 pence per basic and diluted share a year ago. Net cash inflow from operating activities was GBP 856,000 compared to GBP 315,000 a year ago. Purchase of property, plant & equipment was GBP 130,000 compared to GBP 132,000 a year ago. Purchase of intangible assets was GBP 231,000 compared to GBP 309,000 a year ago.

The company provided earnings guidance for the full year of 2017. The company foresee 2016/17 as being a year of sales growth and cash generation allowing to continue to invest in the business to achieve the growth opportunities that the company believes is available with proven and patented technology.