IQX Limited Reports Audited Consolidated Earnings Results for the Year Ended June 30, 2017
IQX Limited reported audited consolidated earnings results for the year ended June 30, 2017. For the year, the company reported revenue of AUD 3,400,230 compared to AUD 458,337 a year ago. Profit before income tax was AUD 17,492,126 compared to loss of AUD 2,347,446 a year ago. Profit for the period was AUD 14,218,387 compared to loss of AUD 2,347,446 a year ago. Basic and diluted earnings per share were 12.22 cents compared to basic and diluted loss per share of 2.26 cents a year ago. Net cash used in operating activities was AUD 929,398 compared to AUD 2,303,956 a year ago. Purchase of property, plant and equipment was AUD 26,205 compared to AUD 112,784 a year ago.