Hearmeout Ltd. Reports Audited Consolidated and Parent Earnings Results for the Year Ended December 31, 2017
February 28, 2018 at 01:27 am EST
HearMeOut Ltd. reported audited consolidated and parent earnings results for the year ended December 31, 2017. For the year, the group reported total income of AUD 11,820 against AUD 25,025 a year ago. Loss before income tx was AUD 6,021,534 against AUD 1,718,092 a year ago. Total comprehensive loss for the year was AUD 6,086,079 against AUD 1,682,377 a year ago. Basic and diluted loss per share for attributable to the ordinary equity holders of the company was 9.16 cents against 2.61 cents a year ago. Net cash outflow used for operating activities was AUD 2,944,425 against AUD 755,955 a year ago. Purchase of property, plant and equipment was AUD 8,853 against AUD 1,349 a year ago.
For the year, the parent company reported total comprehensive loss for the year of AUD 6,038,487 against AUD 1,702,432 a year ago.