04.08.17 00:00

Ad hoc News: Unaudited financial figures for the first half year 2017: Revenue Euro 9.9m, operating loss Euro -0.2m

 

La Waalre, August 4, 2017 - Catalis SE hereby publishes unaudited financial figures for the first half of the 2017 fiscal year ending June 30, 2017.  The Catalis Group is comprised of Catalis SE (the ‘Company’) as the ultimate parent company of two divisions: Testronic Laboratories (Testing Division) and Curve Digital Entertainment (Publishing Division).  The Testing Division provides quality assurance services to the computer games and entertainment markets and operates from offices in the US, UK, and Poland.  The Publishing Division is based in the UK and comprises a publisher of independent console and PC games (Curve Digital), a development studio for third party games (Kuju Limited), and a mobile game (Crack Attack).

In the six month period to 30 June 2017, Catalis Group generated revenue from continuing operations of Euro 9.9m (30 June 2016: Euro 9.6m).  Revenue of Euro 3.2m (30 June 2016: Euro 1.8m) was attributable to the Publishing Division and Euro 6.7m (30 June 2016: Euro 7.7m) was attributable to the Testing Division. The Group’s operating loss was Euro -0.2m (30 June 2016: Euro -0.5m).

The loss for the period after tax was Euro -0.6m (30 June 2016: Euro -1.1m). The Publishing Division generated an operating profit of Euro 0.3m (30 June 2016: loss of Euro 0.9m) and the Testing Division generated an operating profit Euro 0.5m (30 June 2016: Euro 1.5m).

At June 30, 2017, Catalis Group’s balance sheet amounted to Euro 14.4m (31 December 2016: Euro 14.0) primarily stemming from an increase in trade receivables offset by a reduction in cash balances.  Our financing and liquidity position remained strong throughout the period. On the equity and liabilities side, the company’s total equity was €4.0m (31 December 2016: €4.4m).  Loans reduced by €0.4m reflecting our commitment to pay down debt and trade payables increased by €1.3m.  

In the first half of the fiscal year 2017, Catalis Group generated an operating cash outflow of Euro 0.1m (30 June 2016: Euro 0.7m). The Group’s total net decrease in cash and cash equivalents in the first half of the fiscal year 2017 amounted to Euro 1.4m (30 June 2016: Euro 1.4m), resulting in a net cash position at the end of the reporting period of Euro 0.8m (30 June 2016: Euro 1.0m).

Earnings per share for the period ending June 30, 2017 were Euro -0.92 (30 June 2016: Euro - 1.54), on a basic and fully diluted basis.

Catalis SE publishes its Interim Financial Report for the first six months 2017 as of 4 August.  For further information on Catalis SE and its wholly owned subsidiaries, Testronic Labs and Kuju, please refer to www.catalisgroup.com, www.testroniclabs.com and www.kuju.com.
 
For further questions please contact our Investor Relations team directly:
 
Catalis SE


Investor Relations Team
t: +31 40 213 59 30 
f: +31 40 213 56 04
info@catalisgroup.com

About Catalis SE:
Catalis is a worldwide leading outsourcing provider focusing on high-end technical services relating to the creation of digital content for the film, video games and software industries. Catalis offers both testing and development services. It operates through its wholly-owned subsidiaries Testronic Labs and Kuju from seven locations throughout the US, the UK, Poland and the Netherlands.


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download interim report here