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ZoomAway Travel Q1 loss widens YOY

ZoomAway Travel Inc. said its normalized net income for the first quarter was a loss of C$132,580, compared with a loss of C$27,270 in the prior-year period.

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

Reported net income came to a loss of C$212,120, or a loss of 2 cents per share, compared to a loss of C$43,640, or a loss of 0 cents per share, in the year-earlier period.