RM2 International S.A. announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenue of $15,416,465 against $19,609,301 a year ago. Operating loss was $25,027,604 against $21,308,901 a year ago. Loss before tax was $25,235,583 against $22,141,293 a year ago. Loss for the period was $25,408,411 against $22,234,511 a year ago. Loss for the year attributable to parent company shareholders was $25,408,411 against $22,234,511 a year ago. Basic and diluted loss per share was $0.08 against $0.07 a year ago. Net cash flow used in operating activities was $25,749,384 against $24,080,586 a year ago. Net book value as at June 30, 2015 was $10,844,909 against $264,588 as at June 30, 2014.

The company provided production guidance for the year ending 2016. Production is expected to be not less than 2.5 million pallets in 2016, with a production run rate at the end of the fourth quarter of 2016 of c. 300,000 pallets per month. However, as a result of the decision to change to gel coating, announced on 24 September 2015, revenue and production numbers for full year 2015 will be significantly below previous guidance. Based on current contracts and trials as well as discussions underway, the Company is confident of being able to profitably deploy all the pallets produced.