iBuyNew Group Limited reported consolidated earnings results for the half year ended December 31, 2016. For the period, the company reported revenue of AUD 1,609,745 against AUD 2,041,825 reported last year. Operating loss before financing costs was AUD 1,188,606 against AUD 1,466,247 reported last year. Loss before tax was AUD 1,235,015 against AUD 1,458,771 reported last year. Loss attributable to parent entity was AUD 1,306,004 or 0.160 cents per basic and diluted share against AUD 1,988,722 or 0.284 cents per basic and diluted share reported last year. Net cash used in operating activities was AUD 1,415,503 against net cash provided by operating activities of AUD 428,440 reported last year. Investment in property, plant and equipment was AUD 14,633 against AUD 121,456 reported last year.