Mercantile Investment Company Ltd. reported audited consolidated earnings results for the year ended June 30, 2017. For the year, the company reported income of AUD 13,265,841 against AUD 6,438,782 a year ago. Loss before income tax was AUD 3,009,965 against profit before income tax of AUD 2,307,319 a year ago. Loss attributable to Members of the parent entity was AUD 4,813,699 against profit of AUD 1,905,094 a year ago. Diluted loss per share was 1.72 cents against earnings per share were 0.70 cents a year ago. Net cash used in operating activities was AUD 1,297,336 against AUD 9,333,399 a year ago.