Ability Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported, revenues of $2,538,000, operating income of negative $3,738,000, income before income taxes of negative $3,622,000, net income of negative $3,832,000, EBITDA income of negative $3,307,000, compared to revenues of $1,967,000, operating income of negative $437,000, income before income taxes of negative $494,000, net income of negative $380,000, EBITDA income of negative $381,000, for the same period a year ago. Loss per ordinary basic and diluted was $0.16 against $0.02 a year ago. For the year to date, the company reported, revenues of $16,508,000, operating income of negative $7,094,000, income before income taxes of negative $6,967,000, net income of negative $8,053,000, EBITDA income of negative $6,437,000, compared to revenues of $52,151,000, operating income of $17,875,000, income before income taxes of $17,776,000, net income of $14,753,000, EBITDA income of $18,007,000, for the same period a year ago. Net cash used in operating activities was $10,572,000,000 against net cash provided by operating activities $10,157,000 a year ago. Purchase of property and equipment was $182,000 against $353,000 a year ago. Loss per ordinary basic and diluted was $0.33 against earnings per ordinary basic and diluted of $0.60 a year ago.