Orion Equities Limited reported audited consolidated and parent earnings results for the year ended June 30, 2016. For the year, on consolidated basis, the company reported total revenue and income of AUD 198,781 compared to AUD 303,057 a year ago. Loss before tax was AUD 543,953 compared to AUD 759,891 a year ago. Loss for the year was AUD 543,953 compared to AUD 670,390 a year ago. Basic and diluted loss per share was 3.47 cents compared to 4.22 cents a year ago. Net cash used in operating activities was AUD 14,226 compared to AUD 544,856 a year ago. Purchase of plant and equipment was AUD 1,107 compared to AUD 7,526 a year ago. For the year, the parent company reported loss of AUD 383,450 compared to AUD 477,272 a year ago.