XTD Limited reported unaudited consolidated earnings results for the year ended June 30, 2017. For the year, the company reported revenue from continuing operations of $2,931,352 compared to $3,452,991 year ago. Loss from continuing operations before income tax was $2,622,065 compared to $2,895,520 a year ago. Loss from continuing operations after income tax was $2,584,725 compared to $2,858,180 a year ago. Loss for the period attributable to owners of the company was $2,187,099 compared to $2,515,909 a year ago. Basic and diluted loss per share was 1.7 cents compared to 1.9 cents a year ago. Net cash outflow from operating activities was $699,827 compared to net cash inflow from operating activities of $153,451 a year ago. Payment for property, plant and equipment was $373,650 compared to $390,400 a year ago.

The company announced that after a less than budgeted second half 2016/17 result, the September quarter now underway is performing significantly better and in line with XTD's expectations for the quarter and in line with the forecast improvement required in 2017/18 financial year.