Medigard Limited reported earnings results for the half year ended December 31, 2016. For the year, the company reported revenues were $22,795 against $752 a year ago. Loss before income tax expense was $41,208 against profit before income tax expense of $189,912 a year ago. Net loss for the half year after income tax expense was $41,208 or 0.045 cents per basic share against net profit for the half year after income tax expense of $189,912 or 0.21 cents per basic share a year ago. Net cash used in operating activities was $77,726 against $95,737 a year ago. Net tangible assets per ordinary share were 0.008 cents compared to 0.006 cents a year ago.