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Content Checked fiscal Q3 loss widens YOY

MobilityPay Holdings Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2015, was a loss of $918,420, compared with a loss of $210,540 in the year-earlier period.

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

Total revenue came to $209,350, and total operating expenses rose on an annual basis to $882,030 from $336,860.

Reported net income totaled a loss of $1.5 million, or a loss of 4 cents per share, compared to a loss of $336,860, or a loss of 1 cents per share, in the year-earlier period.