trending Market Intelligence /marketintelligence/en/news-insights/trending/fBOs1MaHecK36_i0YWiwWg2 content esgSubNav
In This List

Heritage Brands fiscal H1 profit climbs YOY

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains

Blog

Insight Weekly: M&A slows down; climate tops proxy season; private equity pours into blockchain


Heritage Brands fiscal H1 profit climbs YOY

Heritage Brands Ltd. said its normalized net income for the fiscal first half ended Jan. 31 came to A$1.8 million, an increase from A$481,210 in the prior-year period.

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

Total revenue increased 63.6% year over year to A$26.4 million from A$16.2 million, and total operating expenses grew 54.2% on an annual basis to A$23.3 million from A$15.1 million.

Reported net income rose from the prior-year period to A$2.9 million, or 0 cents per share, from A$769,940, or 0 cents per share.