SeaDragon Limited reported unaudited earnings results for the six months ended September 30, 2016. For the period, the company reported revenue of NZD 3,137,000 compared to NZD 4,800,000 a year ago. Total comprehensive loss for the period was NZD 3,400,000 compared to NZD 688,000 a year ago. Normalized LBITDA was NZD 2,017,000 compared to NZD 146,000 a year ago.

The company provided earnings guidance for the fiscal years 2017 and 2018. The company expects to have a negative EBITDA result for fiscal year 2017 with a view to working towards positive EBITDA in fiscal year 2018.