Island Information & Technology, Inc. reported unaudited earnings results for the third quarter and nine months ended July 31, 2018. For the quarter, the company reported gross revenue of PHP 69,457.50 against PHP 60,000 a year ago. Loss before tax was PHP 139,156.93 against PHP 74,226.54 a year ago. Net loss after tax was PHP 139,156.93 against PHP 74,226.54 a year ago. For the nine months, the company reported gross revenue of PHP 208,372.50 million against PHP 195,762.50 a year ago. Loss before tax was PHP 574,975.45 million against PHP 751,105.02 million a year ago. Net loss after tax was PHP 574,975.45 million against PHP 751,105.02 million a year ago. Negative return on assets was 2.97%. Negative return on equity was 0.54%. Net cash used in operating activities was PHP 635,347.43 against PHP 817,567.57 a year ago. Book value per share was negative of PHP 0.02.