Actual Experience plc announced preliminary audited consolidated earnings results for the year ended 30 September 2017. Revenue was £364,832 compared to £716,346 a year ago. Operating loss was £7,912,666 against £6,044,765 a year ago. Loss before tax was £7,871,817 against £5,982,819 a year ago. Loss for the period was £7,397,149 or 17.72 pence per basic and diluted share against £5,671,072 or 15.21 pence per basic and diluted share a year ago. Net cash flows used in operating activities was £7,086,016 against £5,210,287 a year ago. Purchase of property, plant and equipment was £177,584 against £286,180 a year ago. Development of intangible assets was £912,279 against £494,784 a year ago. The decision to focus entirely on four channel partners, and this strategy is expected to deliver significant revenue progress in 2018.