RedHill Education Limited reported consolidated audited earnings results for the full year ended June 30, 2017. For the year, revenue was AUD 41.468 million against AUD 28.320 million a year ago. Profit before income tax benefit was AUD 2.320 million against AUD 0.202 million a year ago. Profit attributable to the owners of the company was AUD 1.737 million or 5.70 cents per diluted share against AUD 0.330 million or 1.09 cents per diluted share a year ago. Net cash from operating activities was AUD 5.075 million against AUD 0.356 million a year ago. Payments for property, plant and equipment was AUD 2.558 million against AUD 1.664 million a year ago. Payments for intangibles was AUD 0.295 million against AUD 0.403 million a year ago. EBITDA was AUD 3.887 million against AUD 1.504 million a year ago.

The company expects financial performance to improve significantly in the first half of fiscal 2018 against the previous comparative half year period.