Trustees Australia Limited announced audited preliminary consolidated and parent earnings results for the year ended June 30, 2018. For the year, on consolidated basis, the company reported revenues from ordinary activities was AUD 836,000 compared to AUD 1,336,000 a year ago. Loss from ordinary activities after tax attributable to members was AUD 2,117,000 compared to AUD 254,000 a year ago. Loss for period attributable to members was AUD 1,590,000 compared to AUD 1,857,000 a year ago. Net tangible asset backing per security was 4.0 cents compared to 18.7 cents a year ago. Loss before income tax was AUD 2,116,920 compared to AUD 253,983 a year ago. Basic and diluted loss per share was 2.9 cents compared to 0.7 cents a year ago. Net operating cash outflows were AUD 3,494,420 compared to AUD 300,284 a year ago. Payment for property, plant & equipment was AUD 252,672 compared to AUD 105,982 a year ago. Payment for intangible assets - software was AUD 79,941 compared to AUD 102,533 a year ago. The net loss for the year is predominantly attributable to the increased operating costs following the acquisition of Cashwerkz, offset by the gain on bargain purchase on acquisition of Cashwerkz of AUD 2,851,386 and amortisation expenses of software acquired in the Cashwerkz transaction. Basic and diluted loss per share from continuing operations was 3.6 cents compared to earnings of 4.1 cents a year ago. For the year, on parent basis, the company's loss was AUD 4,094,350 compared to AUD 2,408,242 a year ago.