Success Global Media Ltd said its normalized net income for the fiscal first half ended Dec. 31, 2014, amounted to A$324,910, compared with a loss of A$30,100 in the prior-year period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
Total revenue decreased 60.7% on an annual basis to A$3.0 million from A$7.6 million, and total operating expenses fell 66.7% from the prior-year period to A$2.5 million from A$7.4 million.
Reported net income came to a loss of A$327,650, or a loss of 1 cents per share, compared to a loss of A$114,440, or a loss of 0 cents per share, in the year-earlier period.
