Prime Acquisition Corp. announced unaudited earnings results for the six months ended June 30, 2016. For the period, the company reported positive cash flow of $156,498. Operating profit was $458,779 and portfolio net operating income (NOI) of $141,914 for Prime and $691,558 for its Italian subsidiaries for the six months ended June 30, 2016. Revenues increased to $1.7 million for the six months ended June 30, 2016, compared to approximately $1.5 million for the first six months of 2015. The increase was largely attributable to the previously announced one-time Auchan S.p.A. litigation settlement. For the six months ended June 30, 2016, net loss was $1.8 million, which compares to an estimated $3.8 million loss for the first six months of 2015. Loss before tax was $1,844,422.