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Fanlogic Interactive Q1 loss widens YOY

Fanlogic Interactive Inc. said its first-quarter normalized net income came to a loss of 4 Canadian cents per share, compared with a loss of 73 cents per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of C$362,360, compared with a loss of C$101,070 in the prior-year period.

Total revenue totaled C$9,000, and total operating expenses climbed from the prior-year period to C$581,450 from C$161,230.

Reported net income came to a loss of C$1.7 million, or a loss of 19 cents per share, compared to a loss of C$161,710, or a loss of C$1.16 per share, in the year-earlier period.