Heritage Brands Limited announced audited consolidated earnings results for the year ended July 31, 2016. For the period, the company reported net revenue of AUD 49,981,920 against AUD 32,362,657 a year ago. Profit before income tax was AUD 4,941,227 against AUD 1,469,876 a year ago. Profit for the year was AUD 4,704,332 against AUD 1,469,876 a year ago. Profit attributable to members of the parent entity was AUD 4,704,332 or AUD 0.26 per basic and diluted earnings share against AUD 1,469,876 or AUD 0.32 per basic and diluted earnings share a year ago. Net cash provided by operating activities was AUD 1,839,524 against AUD 2,543,031 a year ago. Purchase of property, plant and equipment was AUD 680,818 against AUD 468,569 a year ago. Net debt as at July 31, 2016 was AUD 7,003,085 against AUD 5,699,164 a year ago. EBITDA was AUD 5,989,000 against AUD 2,623,000 a year ago.