Serpentine Technologies Limited reported audited consolidated and parent earnings results for the year ended June 30, 2018. For the year, on consolidated basis, the company reported revenue of AUD 1,265 against AUD 5,473 a year ago. Net loss from continuing operations was AUD 5,568,629 against AUD 684,608 a year ago. Total loss from continuing operations was AUD 4,966,803 against AUD 872,295 a year ago. Total loss attributable to owners was AUD 880,332 against AUD 5,104,387 a year ago. Loss per share basic and diluted was AUD 0.18 against AUD 0.03 per share a year ago. Net cash used in operating activities was AUD 629,436 against AUD 4,357,972 a year ago. For the year, on parent basis, the company reported profit of the parent entity was AUD 931,312 against AUD 5,237,491 a year ago.