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All for One Steeb fiscal Q1 profit climbs 32.8% YOY

All for One Group AG said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, amounted to 65 euro cents per share, a gain of 32.8% from 49 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 €3.2 million, a gain of 32.8% from €2.4 million in the prior-year period.

The normalized profit margin rose to 4.6% from 4.0% in the year-earlier period.

Total revenue climbed 15.3% on an annual basis to €70.8 million from €61.4 million, and total operating expenses climbed 15.8% year over year to €65.0 million from €56.1 million.

Reported net income rose 58.2% from the prior-year period to €3.6 million, or 73 cents per share, from €2.3 million, or 46 cents per share.