Axis Auto Finance Inc. announced financial results for the second quarter ended December 31, 2016. Revenues were $1.63 million for the quarter increased 113% from the revenues of $0.76 million for the comparative period in fiscal 2016, consistent with the portfolio growth. Second quarter revenue equated to an annualized revenue run-rate of $6.52 million, compared to $3.6 million reported for the 2016 fiscal year. Net loss for the quarter was $161,044, or $0.003 per share, down from $1,156,762 in the second quarter of fiscal 2016 and resulting primarily from non-cash expenses being the provision for credit losses of $450,626 and stock based compensation of $190,401.