Frontier Smart Technologies Group Limited reported consolidated earnings results for the year ended December 31, 2017. For the year, the company's revenue was £41,046,000 compared to £32,135,000 a year ago. Loss from continuing operations was £1,312,000 compared to £2,694,000 a year ago. Loss before taxation was £1,584,000 compared to £3,046,000 a year ago. Loss for the year from continuing operations was £1,897,000 against £1,439,000 a year ago. Loss for the year was £1,897,000 compared to £17,331,000 a year ago. Diluted loss per share from continuing operations was 4.44 pence compared to 3.36 pence a year ago. Net cash inflow from operating activities was £4,446,000 compared to net cash outflow from operations of £4,186,000 a year ago. Purchase of property, plant and equipment was £220,000 compared to £81,000 a year ago. Purchase of intangible assets was £10,000 compared to £143,000 a year ago. EBITDA was £1,939,000 compared to £671,000 a year ago.

In year 2018, the board expects to see modest growth in revenues and EBITDA, as the grpou continues to invest in smart audio.