Medigard Limited reported audited earnings results for the first half year ended December 31, 2017. For the period, the company reported loss before income tax of AUD 504,288 and net loss after tax of AUD 504,288 or 0.471 cents per basic share on revenue of AUD 27,633 against loss before income tax of AUD 41,208 and net loss after tax of AUD 41,208 or 0.045 cents per basic share on revenue of AUD 22,795 reported for the same period a year ago. Net cash outflow from operating activities was AUD 160,744 against AUD 77,726 reported a year ago.