International Equities Corporation Limited announced audited consolidated earnings results for the year ended June 30, 2017. For the year, the company announced revenue of AUD 19,499,000 against AUD 20,350,000 a year ago. Loss before income tax expense was AUD 242,000 against AUD 162,000 a year ago. Net loss attributable to members of the parent entity was AUD 242,000 against AUD 162,000 a year ago. Diluted loss per share was 0.19 cents against 0.13 cents a year ago. Net cash provided by operating activities was AUD 1,466,000 against AUD 2,021,000 a year ago. Purchase of intangibles was AUD 119,000. Purchase of property, plant & equipment was AUD 347,000 against AUD 430,000 a year ago. EBITDA was AUD 1,334,000 compared to AUD 1,423,000 for the same period a year ago.

For the year ahead, the company expects to have more stability in cash flows and a plan to profitability.