ZoomerMedia Ltd. said its normalized net income for the fiscal first quarter ended Nov. 30, 2015, came to C$1.5 million, a rise of 46.7% from C$991,440 in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin rose to 9.5% from 6.5% in the year-earlier period.
Total revenue totaled C$15.3 million, compared with C$15.3 million in the year-earlier period, and total operating expenses fell on an annual basis to C$12.7 million from C$13.3 million.
Reported net income grew 49.8% on an annual basis to C$1.7 million, or 0 cents per share, from C$1.1 million, or 0 cents per share.
