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DMAIL GROUP H1 loss widens 59.5% YOY

Dmail Group SpA said its first-half normalized net income amounted to a loss of 99 euro cents per share, compared with a loss of 62 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 a loss of €1.5 million, compared with a loss of €954,000 in the year-earlier period.

Total revenue grew 5.1% year over year to €14.0 million from €13.3 million, and total operating expenses grew 8.1% year over year to €15.9 million from €14.7 million.

Reported net income totaled €22.8 million, or €14.90 per share, compared to a loss of €3.4 million, or a loss of €2.19 per share, in the prior-year period.