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GoldMoney fiscal Q3 loss widens YOY

Goldmoney Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, amounted to a loss of C$1.9 million, compared with a loss of C$118,710 in the year-earlier period.

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

The normalized profit margin was 2.5%.

Total revenue came to C$81.3 million, and total operating expenses grew from the prior-year period to C$84.5 million from C$179,430.

Reported net income came to a loss of C$3.2 million, or a loss of 6 cents per share, compared to a loss of C$189,930, or a loss of 1 cents per share, in the prior-year period.