Quantum Energy Ltd. announced audited consolidated and parent earnings results for the full year ended June 30, 2016. For the year, on consolidated basis, the company reported EBITDA of AUD 1,450,123 against AUD 1,533,140 a year ago.

For the year, on parent basis, the company reported loss of AUD 1,058,000 against AUD 3,600,000 a year ago.

Subject to no unforeseen circumstances senior management are currently forecasting a much improved sales revenue and EBITDA line for the 2016/2017 financial year.