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Story-I fiscal H1 profit climbs 20.4% YOY

Story-I Ltd said its normalized net income for the fiscal first half ended Dec. 31, 2015, was A$737,350, a rise of 20.4% from A$612,650 in the year-earlier period.

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

Total revenue climbed 24.6% year over year to A$12.8 million from A$10.3 million, and total operating expenses increased 25.0% from the prior-year period to A$11.4 million from A$9.1 million.

Reported net income rose 16.7% from the prior-year period to A$844,360, or 1 cents per share, from A$723,310, or 1 cents per share.