Icon Energy Limited reported audited consolidated earnings results for the year ended June 30, 2016. For the year, the company reported loss before income tax of AUD 5,602,229 compared to AUD 5,863,547 a year ago. Loss for the year from continuing operations was AUD 5,602,229 compared to AUD 5,863,547 a year ago. Loss for the year was AUD 5,602,229 compared to AUD 5,863,547 a year ago. Basic and diluted loss per share was 0.93 cents compared to 0.95 cents a year ago. Net cash used in operating activities was AUD 3,882,201 compared to AUD 1,656,727 a year ago. Payments for property, plant & equipment was AUD 52,128 compared to AUD 111,785 a year ago.