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BigBen Interactive swings to profit in fiscal H1

BigBen Interactive said its normalized net income for the fiscal first half ended Sept. 30 came to 12 euro cents per share, compared with a loss of 9 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 €1.9 million, compared with a loss of €1.5 million in the year-earlier period.

Total revenue increased 19.9% year over year to €88.6 million from €73.9 million, and total operating expenses increased 16.6% year over year to €87.2 million from €74.8 million.

Reported net income totaled €2.6 million, or 16 cents per share, compared to a loss of €971,900, or a loss of 6 cents per share, in the year-earlier period.