Velocys plc reported audited consolidated earnings results for the year ended December 31, 2015. Revenue was £2,002,000 against revenue (negative) of £6,000 a year ago. Operating loss was £22,188,000 against £24,495,000 a year ago.

Loss before tax was £21,086,000 against £23,299,000 a year ago. Loss per share basic and diluted was £14.13 against £18.33 a year ago. Net cash used in operating activities of £18,972,000 against £15,702,000 a year ago.

Purchas of property, plant and equipment was £2,262,000 against £1,544,000 a year ago. Purchase of intangible assets was £395,000 against £429,000 a year ago.