Axis Auto Finance Inc. announced financial results for the fourth quarter and fiscal year ended June 30, 2017. For the full year, the company record revenues of $6.8 million compared to $3.6 million in 2016. Annualized loss rate at 8.0%, down from 8.8% in fiscal 2016 and Adjusted earnings of $0.9 million in 2017 compared to $0.4 million in 2016. Net loss for 2017 was $0.8 million or $0.016 per share compared to $1.8 million or $0.075 per share for 2016. The fourth quarter revenue equated to an annualized revenue run-rate of $7.6 million.