trending Market Intelligence /marketintelligence/en/news-insights/trending/h8F5fjFOI5MSTny39tfKMQ2 content esgSubNav
In This List

Merchant House International posts fiscal H2 loss

Blog

Banking Essentials Newsletter: June 12th Edition

Blog

S&P 500 Q4 2023 Sector Earnings & Revenue Data

Podcast

Next in Tech | Episode 171: Concerns About Fraud Drive AI Investment

Podcast

Street Talk | Episode 127: The 'knife fight' for deposits could spur more bank deals


Merchant House International posts fiscal H2 loss

Merchant House International Ltd. said its normalized net income for the fiscal second half ended March 31 came to a loss of A$820,000.

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

Total revenue came to A$38.7 million, and total operating expenses totaled A$40.0 million.

Reported net income totaled a loss of A$3.4 million, or a loss of 4 cents per share.

For the year, the company's normalized net income totaled A$236,880, a decrease of 79.8% from A$1.2 million in the prior year.

Full-year total revenue rose from the prior-year period to A$86.2 million from A$84.3 million, and total operating expenses rose on an annual basis to A$85.6 million from A$82.1 million.

The company said reported net income came to a loss of A$1.9 million, or a loss of 2 cents per share, in the full year, compared with income of A$10.0 million, or 11 cents per share, the prior year.