River and Mercantile UK Micro Cap Investment Company Limited reported unaudited earnings results for the six months ended March 31, 2016. For the period, net cash used in operating activities was £19,547,072 against £36,153,083 a year ago. Investment income was £628,350 against £89,445 a year ago. Net gain on financial assets designated at fair value through profit or loss was £4,741,923 against £2,881,047 a year ago. Total income was £5,370,273 against £2,970,492 a year ago. Profit before taxation was £4,133,729 against £2,618,560 a year ago. Profit after taxation and total comprehensive income was £4,133,729 against £2,618,560 a year ago. Basic and diluted earnings per ordinary share were £0.0629 against £0.0749 a year ago.