Velocys plc reported unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of £509,000 against £120,000 a year ago. Operating loss was £9,440,000 against £12,529,000 a year ago. Loss before taxation was £7,514,000 against £12,384,000 a year ago. Loss attributable to the owners of the company was £3,894,000 against £12,043,000 a year ago. Basic and diluted loss per share was 2.73 pence against 8.49 pence a year ago. Net cash used in operating activities was £12,568,000 against £10,655,000 a year ago. Purchases of property, plant and equipment was £159,000 against £1,874,000 a year ago. Purchase of intangible assets was £205,000 against £219,000 a year ago.