trending Market Intelligence /marketintelligence/en/news-insights/trending/D_iUf-t2N7q4g3xulvmcsQ2 content esgSubNav
In This List

Wow Unlimited Media Q1 loss widens YOY


Next in Tech | Episode 168: AI Data Strategies

Case Study

An International Logistics Company Streamlines Transfer Pricing for Its Extensive Network of Subsidiaries


Street Talk | Episode 126: Hunting the bears, making the bull case for CRE


Investment Banking Essentials May 15

Wow Unlimited Media Q1 loss widens YOY

Wow Unlimited Media Inc. said its normalized net income for the first quarter amounted to a loss of C$3.44 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 a loss of C$6.0 million, compared with a loss of C$159,730 in the year-earlier period.

The normalized profit margin dropped to negative 132.9% from negative 3.9% in the year-earlier period.

Total revenue climbed 11.9% year over year to C$4.5 million from C$4.1 million, and total operating expenses climbed 21.1% year over year to C$4.9 million from C$4.0 million.

Reported net income totaled a loss of C$10.0 million, or a loss of C$5.68 per share, compared to a loss of C$255,570, or a loss of 15 cents per share, in the prior-year period.