Universal Golf Enterprises PLC announced audited earnings results for the year ended December 31, 2014. For the year, the company reported net loss for the year of EUR 200,996 or 0.006 cents per basic and diluted share compared to EUR 116,806 or 0.099 cents per basic and diluted share a year ago. Net cash flows used in operating activities were EUR 1,798,773 compared to EUR 2,407,321 a year ago.