iQnovate Limited reported audited consolidated earnings results for the year ended June 30, 2018. For the year, the company reported revenue of AUD 4,729,026 against AUD 4,670,912 a year ago. Loss before income tax was AUD 15,258,850 against AUD 10,199,188 a year ago. Loss attributable to members of the parent was AUD 13,174,652 against AUD 9,235,949 a year ago. Basic and diluted loss per share was 9.89 cents against 7.61 cents a year ago. Net cash used in operating activities was AUD 14,382,138 against AUD 6,465,616 a year ago. Purchase of property, plant and equipment was AUD 24,330 against AUD 97,115 a year ago. Purchase of intangible assets was AUD 228,089 against AUD 2,841,338 a year ago.