RXP Services Limited announced consolidated earnings results for the first half ended December 31, 2017. For the period, the company reported revenue was $70.2 million against $70.6 million a year ago. EBITDA was $6.5 million against $9.2 million a year ago, impacted by a number of one-offs. NPAT was $4.2 million against $5.9 million a year ago. Underlying EBITDA was $7.6 million against $9.3 million a year ago, impacted by decline in commoditised work. Basic and diluted EPS was 2.67 cents against 4.2 cents a year ago. Operating cash flow was $4.7 million against $7.4 million a year ago. Results from operating activities was $5.975 million against $9.014 million a year ago. Profit before income tax was $5.661 million against $8.595 million a year ago. Profit attributable to members of the parent was $4.204 million against $5.878 million a year ago. Net cash provided by operating activities was $2.267 million against $3.847 million a year ago. Payment for property, plant and equipment were $0.707 million against $0.528 million a year ago. Payments for intangibles were $0.375 million against $0.095 million a year ago.

The company expects cashflow conversion to be over 90% for the fiscal 2018. The company now expects revenue to be $150 million growth with an EBITDA margin of 13.3% growth.