CSG Limited reported earnings results for the year ended 30 June 2018. For the year, revenue was down 8% to $225.7 million. Statutory net loss after tax was $150.1 million against $43.7 million a year ago, reflecting a non-cash impairment charge of $116.1 million, provisions relating to the Enterprise Solutions business of $39.3 million, non-cash LTIP of $0.4 million and non-recurring costs of $5.3 million. Underlying earnings reflect the performance of the business and exclude the above non-cash impairment, provisions, non-cash LTIP and non-recurring costs: Underlying EBITDA was down 67% to $10.0 million. Underlying NPAT was down 88% to $2.3 million.

For fiscal 2019, the company is forecasting Underlying EBITDA in the range of $17 million to $20 million.