trending Market Intelligence /marketintelligence/en/news-insights/trending/69fLmNaPNNy-PrEpE9X23w2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Alliance Creative swings to loss in Q1

Mining Exploration Insights - November 2020

Southeast Asian broadband providers report varying performance amid COVID-19

Cable networks react to pandemic by cutting SG&A, programming costs

CUSIP Requests for Municipal Securities Continue to Rise

Alliance Creative swings to loss in Q1

Alliance Creative Group Inc. said its first-quarter normalized net income was a loss of $31,990, compared with income of $70,140 in the year-earlier period.

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

The normalized profit margin fell to negative 1.2% from 2.3% in the year-earlier period.

Total revenue declined 12.8% on an annual basis to $2.7 million from $3.1 million, and total operating expenses fell 7.8% from the prior-year period to $2.7 million from $2.9 million.

Reported net income came to a loss of $51,180, or a loss of 0 cents per share, compared to income of $112,220, or 0 cents per share, in the year-earlier period.