Arowana International Limited reported unaudited consolidated earnings results for the half year ended December 31, 2017. For the period, the company reported total income of AUD 31,777,315 compared to AUD 22,359,804 a year ago. Net loss before tax was AUD 11,345,964 compared to profit before tax of AUD 11,308,354 a year ago. Loss attributable to the owners of the company was AUD 6,206,442 or 3.92 cents per basic and diluted share compared to profit attributable to the owners of the company of AUD 6,097,079 or 3.85 cents per basic and diluted share a year ago. Loss after tax was AUD 8,222,949 against profit after tax of AUD 7,000,199 a year ago. Net cash outflow from operating activities was AUD 8,839,556 compared to AUD 8,043,405 a year ago. Purchase of fixed assets was AUD 491,092 compared to AUD 299,278 a year ago. Net cash outflow for Patents, Trademarks, Incorporation costs and Course Development was AUD 29,177 compared to AUD 22,348 a year ago. Negative EBITDA was AUD 8,594,000 compared to EBITDA of AUD 9,862,000 a year ago. Negative EBIT was AUD 10,966,000 compared to EBIT of AUD 9,631,000 a year ago. Total underlying revenue was AUD 31,271,000 compared to AUD 19,073,000 a year ago. Total underlying EBITDA was negative AUD 6,523,000 compared to positive AUD 9,557,000 a year ago. Total underlying EBIT was negative AUD 8,894,000 compared to positive AUD 9,325,000 a year ago. Total underlying PBT was negative AUD 9,180,000 compared to positive AUD 11,836,000 a year ago. Underlying Group NPAT was negative AUD 6,057,000 compared to positive AUD 7,528,000 a year ago.