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Backstageplay Q1 loss widens YOY

Backstageplay Inc. said its normalized net income for the first quarter was a loss of C$157,170, compared with a loss of C$4,800 in the year-earlier period.

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

Reported net income totaled a loss of C$252,940, or a loss of 1 cents per share, compared to a loss of C$7,680, or a loss of 0 cents per share, in the year-earlier period.