Algae.Tec Limited announced consolidated earnings results for the half year ended December 31, 2017. For the period, the company's revenue from operating activities was AUD 954,962 compared with AUD 1,378,585 a year ago. Loss before income tax was AUD 3,628,775 compared with AUD 2,431,536 a year ago. Net loss attributable to members of the company was AUD 3,628,775 or 0.63 cents per basic and diluted share compared with AUD 2,431,536 or 0.71 cents per basic and diluted share a year ago. Net cash outflows from operating activities were AUD 1,097,159 compared with AUD 426,142 a year ago. Purchases of property, plant and equipment was AUD 4,224 compared with AUD 32,870 a year ago.