Merlin Diamonds Limited reported audited consolidated earnings results for the full year ended June 30, 2017. For the period, the company reported revenue of AUD 924,835 against AUD 791,648 a year ago. Loss before income tax was AUD 20,768,767 against AUD 4,357,982 a year ago. Loss for the year was AUD 20,768,767 against AUD 4,357,982 a year ago. Loss attributable to members of the company was AUD 20,768,767 against AUD 4,357,982 a year ago. Basic and diluted loss per share was 2.54 cents against 0.99 cents a year ago. Net cash used in operating activities was AUD 2,745,512 against AUD 959,904 a year ago. Payments for acquisition of plant and equipment were AUD 721,587 against AUD 119,340 a year ago. Payments for development expenditure were AUD 6,853,184 against AUD 1,198,413 a year ago.