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Unisync swings to loss in fiscal Q2

4349410 said its normalized net income for the fiscal second quarter ended March 31 amounted to a loss of C$12,360, compared with income of C$352,460 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin declined to 0.0% from 5.9% in the year-earlier period.

otal revenue climbed 89.6% year over year to C$11.4 million from C$6.0 million, and total operating expenses grew on an annual basis to C$11.1 million from Unisync Corp..