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Opal Energy Q1 loss widens 59.6% YOY

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Opal Energy Q1 loss widens 59.6% YOY

Versus Systems Inc. said its normalized net income for the first quarter amounted to a loss of C$127,530, compared with a loss of C$79,910 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$204,050, or a loss of 1 cents per share, compared to a loss of C$127,860, or a loss of 0 cents per share, in the year-earlier period.