Merlin Diamonds Limited reported consolidated earnings results for the half year ended December 31, 2015. For the period, the company reported revenue of AUD 403,952 against AUD 289,358 a year ago. Loss from continuing operations was AUD 2,053,312 against AUD 3,922,459 a year ago.

Loss before income tax was AUD 2,053,312 against AUD 3,928,431 a year ago. Loss attributable to members of the company was AUD 2,053,312 against AUD 3,928,431 a year ago. Basic and diluted loss per share was 0.47 cents against 1.44 cents a year ago.

Net cash used in operating activities was AUD 638,366 against AUD 1,965,291 a year ago. Payments for development expenditure were AUD 706,635 against AUD 2,183,450 a year ago.