trending Market Intelligence /marketintelligence/en/news-insights/trending/5OMgf2C1RD_rsqJ-w-ONtw2 content esgSubNav
In This List

Scholium Group swings to loss in fiscal year

Blog

Global M&A By the Numbers: Q3 2021

Blog

Industries Most and Least Impacted by COVID-19: A Market-Implied Probability of Default Perspective

Blog

Post-webinar Q&A: Global Credit Risk Trends 2021 and Beyond

Blog

Shore Capital is Now Available in S&P Global’s Aftermarket Research Collection


Scholium Group swings to loss in fiscal year

Scholium Group PLC said its normalized net income for the fiscal full year ended March 31 amounted to a loss of 2 Great British pence per share, compared with 57 pence 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 £330,630, compared with income of £150,630 in the prior-year period.

The normalized profit margin declined to negative 6.4% from 2.5% in the year-earlier period.

Total revenue fell 15.1% year over year to £5.2 million from £6.1 million, and total operating expenses increased year over year to £5.7 million from £5.6 million.

Reported net income came to a loss of £500,000, or a loss of 4 pence per share, compared to a loss of £121,000, or a loss of 46 pence per share, in the year-earlier period.