Livermore Investments Group Announces Consolidated Financial Results for the Year Ended December 31, 2015
Livermore Investments Group announced consolidated financial results for the year ended December 31, 2015. Operating loss was $354,000 against operating profit of $15,136,000 a year ago. Loss before taxation was $2,808,000 against profit before taxation of $7,959,000 a year ago. Loss for the year was $4,759,000 or $0.02 per basic and diluted share against profit of $7,204,000 or $0.04 per basic and diluted share a year ago. Net cash from operating activities was $44,388,000 against $6,762,000 a year ago. The year-end NAV was $0.77 per share after payment of a $5 million dividend, $0.0256 per share, compared to NAV of $0.82 per share for 2014.