iCar Asia Limited updated the market revenue and EBITDA guidance for full year 2016. For the period, revenue is forecast to be in the range of AUS 6.75 million to AUS 7.75 million and an EBITDA loss in the range of AUS 14.50 million to AUS 15.50 million. The change in outlook is as a result of a decision by the company to invest more aggressively in consolidating its leadership position across each of its current markets as competition increases.