Island Information & Technology, Inc. reported audited earnings results for the year ended October 31, 2017. For the year, the company reported gross revenue of PHP 282,445 as compared to PHP 275,625 for the same period last year. Loss Before Tax was PHP 958,113 as compared to PHP 828,270 for the same period last year. Net loss after tax was PHP 1,082,117 as compared to PHP 833,782 for the same period last year. Net loss attributable to parent equity holders was PHP 1,082,117 as compared to PHP 833,782 for the same period last year. Return on Equity was 0.01% as compared to 0.01% for the same period last year. Total revenue was PHP 282,445 as compared to PHP 275,625 for the same period last year. Loss per share was PHP 0.0002 as compared to PHP 0.0002 for the same period last year. Net cash used in operating activities was PHP 1,240,729 as compared to PHP 855,535 for the same period last year.