Magontec Limited reported earnings results for the full year ended December 31, 2021. For the full year, the company reported net income was AUD 5.01 million compared to net loss of AUD 0.717 million a year ago. Basic earnings per share from continuing operations was AUD 0.065 compared to basic loss per share from continuing operations of AUD 0.009 a year ago.

Diluted earnings per share from continuing operations was AUD 0.063 compared to diluted loss per share from continuing operations of AUD 0.009 a year ago.