JustKapital Limited announced consolidated earnings results for the year ended June 30, 2017. Revenue was $22,352,000 compared to $6,002,000 a year ago. Loss before income tax benefit was $3,225,000 compared to $4,394,000 a year ago. Loss after income tax benefit for the year attributable to the owners of the company of $2,569,000 or 2.12 cents per basic and diluted share compared to $1,343,000 or 1.23 cents per basic and diluted share a year ago. Net cash used in operating activities was $16,591,000 compared to $2,874,000 a year ago. Payments for property, plant and equipment were $197,000 compared to $142,000 a year ago. Payments for intangibles were $4,605,000 compared to $124,000 a year ago. EBITDA (excluding the litigation funding business) was $6,030,000 compared to $840,000 a year ago.

For the financial year ending 30 June 2018, the EBITDA target has been set at $6,250,000 (under current accounting policies).