LatAm Autos Limited reported audited consolidated earnings results for the year ended December 31, 2015. For the year, the company reported revenue of AUD 6,677,000, loss before income tax benefit of AUD 13,228,000 and loss after income tax benefit for the period attributable to the owners of the company of AUD 14,448,000 or AUD 5.8 basic and diluted per share against revenue of AUD 950,000, loss before income tax benefit of AUD 3,191,000 and loss after income tax benefit for the period attributable to the owners of the company of AUD 1,841,000 or AUD 1.6 basic and diluted per share a year ago. Net cash used in operating activities was AUD 9,819,000 against AUD 2,534,000 a year ago.

Payments for plant and equipment were AUD 417,000 against AUD 189,000 a year ago. Payments for intangibles were AUD 920,000 against AUD 142,000 a year ago. LBITDA was AUD 12,141,000 against AUD 3,130,000 a year ago.

Underlying EBITDA loss was AUD 10.7 million. LBIT was AUD 13,279,000 against AUD 3,177,000 a year ago.