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Audio Pixels Holdings H1 loss widens YOY

Audio Pixels Holdings Ltd said its first-half normalized net income was a loss of 11 Australian cents per share, compared with a loss of 2 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of A$2.8 million, compared with a loss of A$516,490 in the year-earlier period.

Reported net income came to a loss of A$4.7 million, or a loss of 18 cents per share, compared to a loss of A$826,390, or a loss of 3 cents per share, in the year-earlier period.