trending Market Intelligence /marketintelligence/en/news-insights/trending/6eIDEWwxhVhmeAynowey3w2 content esgSubNav
In This List

Avalanche International fiscal Q2 loss widens YOY

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

LCD Monthly Newsletter: September 2021

Blog

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


Avalanche International fiscal Q2 loss widens YOY

Avalanche International Corp. said its normalized net income for the fiscal second quarter ended May 31 was a loss of $356,390, compared with a loss of $19,220 in the year-earlier period.

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

Total revenue grew year over year to $23,670 from $3,740, and total operating expenses increased from the prior-year period to $384,530 from $34,490.

Reported net income totaled a loss of $570,230, or a loss of 10 cents per share, compared to a loss of $30,750, or a loss of 1 cents per share, in the prior-year period.