Ebiquity plc reported unaudited consolidated earnings results for the six months ended October 31, 2015. For the period, the company reported revenue of £35,633,000 compared with £34,971,000 for the same period last year. Operating profit was £3,088,000 compared with £1,138,000 for the same period last year.

Profit before taxation was £2,494,000 compared with £577,000 for the same period last year. Profit for the year attributable to equity holders of the parent was £1,631,000 or 2.07 pence diluted per share compared with loss of £206,000 or 0.27 pence diluted per share for the same period last year. Net cash from operating activities was £1,243,000 compared with £60,000 for the same period last year.

Purchase of property, plant and equipment was £377,000 compared with £1,174,000 for the same period last year. Purchase of intangible assets was £651,000 compared with £734,000 for the same period last year. Underlying operating profit was £4,457,000 compared to £4,146,000 a year ago.

Underlying profit before tax was £3,863,000 compared to £3,585,000 a year ago. Net debt as on October 31, 2015 was £31,071,000 compared with £30,409,000 for the same period last year. Underlying diluted EPS up 23% to 3.69 pence at constant currency (2014: 3.0 pence) and 3.39 pence on a reported basis.

Underlying net cash inflow from operations has improved significantly to £4.3 million compared to £3.8 million a year ago.