trending Market Intelligence /marketintelligence/en/news-insights/trending/doJfKAhHU0pLBxblRXgLgA2 content esgSubNav
In This List

BSM Technologies fiscal Q2 loss narrows YOY

Blog

Global smart TV forecast return to growth in 2022, sustained through 2026

Case Study

Broad Environmental Data Guides an Insurer’s Journey to Net Zero

Blog

Broadcast deal market recap, Q2'22

Blog

Japan M&A By the Numbers: Q1 2022


BSM Technologies fiscal Q2 loss narrows YOY

BSM Technologies Inc. said its normalized net income for the fiscal second quarter ended March 31 was a loss of C$85,990, compared with a loss of C$171,810 in the prior-year period.

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

The normalized profit margin increased to negative 0.6% from negative 2.2% in the year-earlier period.

Total revenue increased 99.3% on an annual basis to C$15.2 million from C$7.6 million, and total operating expenses rose 83.1% from the prior-year period to C$14.6 million from C$8.0 million.

Reported net income totaled a loss of C$861,620, or a loss of 1 cents per share, compared to income of C$855,650, or 2 cents per share, in the year-earlier period.