Velocys plc announced unaudited consolidated earnings results for the six months ended June 30, 2018. For the period, the company reported revenue was £392,000 against £234,000 a year ago. Operating loss was £25,286,000 against £10,066,000 a year ago. Loss before income tax was £25,036,000 against £10,604,000 a year ago. Loss for the period attributable to the owners of company was £25,866,000 against £10,058,000 a year ago. Basic and diluted loss per share was £7.53 against £6.99 a year ago. Net cash used in operating activities was £5,986,000 against £7,510,000 a year ago. Purchase of property, plant and equipment was £63,000 against £12,000 a year ago. Purchase of intangible assets was £136,000 against £197,000 a year ago.