Goals Soccer Centres plc announced consolidated and company earnings results for the year ended December 31, 2015. For the year, revenue was GBP 33,013,000 against GBP 34,659,000 a year ago. Operating loss was GBP 5,432,000 against operating profit of GBP 11,307,000 a year ago. Loss before tax was GBP 6,181,000 against profit before tax of GBP 6,756,000 a year ago. Loss for year attributable to equity holders of the parent was GBP 6,082,000 against profit of GBP 5,109,000 a year ago. Basic and diluted loss per share was 10.4 pence against earnings per share 8.9 pence a year ago. Net cash from operating activities was GBP 10,643,000 against GBP 9,858,000 a year ago. Acquisition of property, plant and equipment was GBP 7,645,000 against GBP 6,432,000 a year ago. Group EBITDA was GBP 11.8 million against GBP 14.8 million a year ago. Free cash generated was GBP 10.6 million compared GBP 13.0 million a year ago. Underlying profit before tax was GBP 8.3 million against GBP 10.6 million a year ago. Underlying diluted earnings per share was 14.3 pence against 14.5 pence a year ago. Underlying EBITDA was GBP 11,817,000 against GBP 14,766,000 a year ago. Net debt at 31 December 2015 stood at GBP 36.7 million against GBP 37.0 million a year ago.

On company basis, net cash from operating activities was GBP 9,966,000 against GBP 9,718,000 a year ago. Acquisition of property, plant and equipment was GBP 7,090,000 against GBP 6,276,000 a year ago.

The effective tax rate is expected to increase in 2016 to be in line with the UK corporation tax rate.