IQnovate Ltd. reported consolidated earnings results for the half year ended December 31, 2016. For the period, the company reported revenue of AUD 2,051,550 against AUD 1,485,998 a year ago. Loss before income tax income was AUD 4,046,427 against AUD 3,193,804 a year ago. Loss for the half year was AUD 4,045,427 or 4.73 cents per diluted share against AUD 3,193,804 or 7.12 cents per diluted share a year ago. Loss attributable to members of the parent entity was AUD 3,585,521 against AUD 3,093,996 a year ago. Net cash used by operating activities was AUD 4,787,624 against AUD 3,106,812 a year ago. Purchase of property, plant and equipment was AUD 221,236 against AUD 320,771 a year ago.