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Distil fiscal H1 loss narrows YOY

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Distil fiscal H1 loss narrows YOY

4915182 said its normalized net income for the fiscal first half ended Sept. 30 came to a loss of £123,750, compared with a loss of £143,130 in the year-earlier period.

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

Total revenue fell 78.2% on an annual basis to £280,000 from £1.3 million, and total operating expenses declined 68.3% from the prior-year period to £475,000 from £1.5 million.

eported net income totaled a loss of £198,000, or a loss of 0 pence per share, compared to a loss of £229,000, or a loss of 0 pence per share, in the year-earlier period.Distil PLC

4915182 said its normalized net income for the fiscal first half ended Sept. 30 came to a loss of £123,750, compared with a loss of £143,130 in the year-earlier period.