iSelect Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2014, was 2 Australian cents per share, a gain of 42.7% from 1 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$4.9 million, a gain of 43.1% from A$3.4 million in the year-earlier period.
Total revenue grew 17.6% year over year to A$65.6 million from A$55.8 million, and total operating expenses rose 16.2% on an annual basis to A$60.5 million from A$52.1 million.
Reported net income grew 50.5% on an annual basis to A$5.5 million, or 2 cents per share, from A$3.6 million, or 1 cents per share.
