Mission NewEnergy Limited announced audited consolidated earnings results for the full year ended June 30, 2015. For the period, the company reported total revenues of AUD 7,270,759 compared with AUD 9,683,586 for the same period a year ago. Profit before tax was AUD 4,192,689 compared with loss before tax of AUD 608,917 for the same period a year ago.

Profit attributable to owners of the company was AUD 28,357,244 or AUD 0.13 per basic and diluted share compared with loss attributable to owners of the company of AUD 1,077,231 or AUD 0.05 per basic and diluted share for the same period a year ago. Basic and diluted earnings per share from continuing operations attributable to the ordinary equity holders of the parent was AUD 0.13 compared to basic and diluted loss per share from continuing operations attributable to the ordinary equity holders of the parent was AUD 0.05 a year ago. Net cash generated from operating activities was AUD 391,464 compared with net cash used in operating activities of AUD 2,945,460 for the same period a year ago.

EBITDA was up 41% to AUD 6,010,389.