CoAssets Limited reported audited consolidated and parent earnings results for the year ended June 30, 2018. For the year, on consolidated basis, the company reported revenue of SGD 5,830,282 against SGD 731,349 a year ago. Net operating income was SGD 4,854,743 against SGD 461,003 a year ago. Profit before income tax was SGD 1,815,848 against loss before income tax of SGD 6,425,251 a year ago. Profit after income tax was SGD 1,815,848 against loss after income tax of SGD 6,425,251 a year ago. Profit attributable to owners of the company was SGD 1,980,702 or 1.0 cents per basic and diluted share against loss attributable to owners of the company of SGD 6,258,854 or 3.8 cents per basic and diluted share a year ago. Cash absorbed by operations, representing net cash used in operating activities was SGD 2,921,103 against SGD 5,888,286 a year ago. Purchase of plant, equipment and intangible assets was SGD 149,664 against SGD 26,788 a year ago. For the year, on parent basis, the company reported profit of SGD 2,577,709 against loss of SGD 6,197,451 a year ago.