Anaeco Ltd. announced consolidated earnings results for the year ended June 30, 2012. For the year, revenue was AUD 133,053 against AUD 191,225 for the same period a year ago. Loss before income tax expense was AUD 20,062,895 against AUD 11,824,250 for the same period a year ago.

Net loss after tax attributable to members of AnaeCo Limited and total comprehensive expense for the year was AUD 20,062,895 against AUD 11,824,250 for the same period a year ago. Diluted loss per share for loss attributable to the ordinary equity holders of the company was 6.4 cents against 6.1 cents for the same period a year ago. Net cash flows used in operating activities were AUD 5,517,127 against AUD 4,609,354 for the same period a year ago.

Purchases of property, plant and equipment was AUD 43,749 against AUD 16,581 for the same period a year ago. Purchases of computer software classified as intangible assets were AUD 2,045 against AUD 17,289 for the same period a year ago. Expenditure on technology development capitalised as intangible assets was AUD 1,542,543 against AUD 2,364,498 for the same period a year ago.

Net debt as on June 30, 2012 was AUD 1,750,974 against AUD 623,486 for the same period a year ago.