PV Crystalox Solar plc reported preliminary consolidated earnings results for the year ended December 31, 2014. For the year, the company reported revenue of 53,333,000 compared with 71,442,000 for the same period last year. Loss before interest and taxes were 2,306,000 compared with profit before interest and taxes of 10,528,000 for the same period last year.
Loss before taxes was 4,650,000 compared with profit before taxes of 6,626,000 for the same period last year. Loss for the year from continuing operations was 4,652,000 or 3.0 cents basic and diluted per share compared with profit for the year from continuing operations of 6,236,000 or 1.7 cents basic and diluted per share for the same period last year. Loss attributable to owners of the parent was 4,652,000 or 3.0 cents basic and diluted per share compared with profit attributable to owners of the parent of 3,659,000 or 1.0 cents basic and diluted per share for the same period last year.
Net cash used in operating activities was 15,674,000 compared with net cash from operating activities of 4,436,000 for the same period last year. Payments to acquire property, plant and equipment and intangibles were 251,000 compared with 122,000 for the same period last year.