K2 Energy Limited reported earnings results for the year ended June 30, 2016. For the period the company reported loss before income tax expense was AUD 835,505,000 against profit before income tax expense AUD 201,584,000 reported last year. Loss for the year was AUD 835,505,000 or 0.34 cents basic per share against profit for the period AUD 201,584,000 or 0.08 cents basic per share reported last year. Net cash flows used in operating activities was AUD 54,468,000 against AUD 47,227,000 reported last year.