Spitfire Oil Ltd. announced consolidated preliminary earnings results for the full year ended June 30, 2014. For the year, the company reported loss before tax of AUD 4,538,212 compared with AUD 289,639 a year ago. Operating loss was AUD 288,620 compared with AUD 289,639 a year ago.

Loss and total comprehensive loss attributable to owners of the company was AUD 4,538,212 or 13.3 cents per basic and diluted share compared with AUD 289,639 or 0.7 cents per basic and diluted share a year ago. Net cash out flow from operating activities was AUD 304,817 compared with AUD 231,411 a year ago. Payments for exploration and evaluation expenditures were AUD 194,039 compared with AUD 21,655 a year ago.

Payments for equipment were AUD 1,636.