Graphene NanoChem PLC announced audited consolidated earnings results for the year ended December 31, 2016. For the period, revenue was GBP 258,000 compared to GBP 55,000 for the same period prior year. Operating loss from continuing operations was GBP 16,869,000 compared to GBP 10,336,000 for the same period prior year. Loss before tax from continuing operations was GBP 16,874,000 compared to GBP 10,336,000 for the same period prior year. Diluted loss per share from continuing operations attributable to owners of the parent was 12.08 pence per share against 8.15 pence per share a year ago. Diluted loss per share from continuing and discontinued operations attributable to owners of the parent was 7.16 pence per share against 28.56 pence per share a year ago. Loss for the year attributable to the owners of the parent was GBP 11,142,000 compared to GBP 32,923,000 for the same period prior year. Net cash used in operating activities was GBP 280,000 compared to net cash from operating activities GBP 2,388,000 for the same period prior year. Purchase of property, plant and equipment was nil compared to GBP 2,577,000 for the same period prior year. Net debt as at December 31, 2016 was GBP 19,670,000 against GBP 24,385,000 a year ago.