REALWORLD inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, was ¥1.60 per share, compared with a loss of ¥8.09 per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was ¥15.3 million, compared with a loss of ¥21.9 million in the prior-year period.
The normalized profit margin increased to 1.5% from negative 3.8% in the year-earlier period.
Total revenue rose 78.0% on an annual basis to ¥1.04 billion from ¥582.0 million, and total operating expenses increased 63.1% on an annual basis to ¥1.01 billion from ¥618.0 million.
Reported net income totaled ¥16.0 million, or ¥1.68 per share, compared to a loss of ¥23.0 million, or a loss of ¥8.50 per share, in the prior-year period.
As of Feb. 12, US$1 was equivalent to ¥112.83.
