OSLO, Norway--(BUSINESS WIRE)--Group financials Q4 2015 (2014 figures in brackets)
Revenues in Q4 were NOK 347.1 million (314.0).
Gross profit was NOK 174.9 million –50.4% (170.5 –54.3%).
EBITDA adjusted for nonrecurring items was NOK 57.9 million – 16.7 % (78.3 – 24.9%).
Operating profit adjusted for non-recurring items was NOK 15.1 million (36.9).
Profit after tax was NOK 10.1 million (NOK 32.8 million).
The Q4 2015 financial results include NOK 1.2 million in costs related to the acquisition of Kvantel.
The financial results of Kvantel AS and Kvantel Voice AS had a negative impact of NOK 5.2 million on the Group EBITDA and NOK 8.3 million on EBIT for Q4 2015.
Cash and cash equivalents were NOK 47.4 million at 31 December 2015 (excluding a NOK 50 million overdraft facility).
Please see attachments for the financial results for NextGenTel Holding ASA for 4th quarter 2015.
http://mb.cision.com/Public/1081/9912035/89a38bc4fbf683d6.pdf
http://mb.cision.com/Public/1081/9912035/9954e8b6965bef7e.pdf
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