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D-Box Technologies fiscal Q3 loss widens 8.0% YOY

D-Box Technologies Inc. said its normalized net income for the fiscal third quarter ended Dec. 31, 2014, came to a loss of C$193,750, compared with a loss of C$179,380 in the year-earlier period.

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

The normalized profit margin climbed to negative 3.9% from negative 3.9% in the year-earlier period.

Total revenue rose 8.1% year over year to C$5.0 million from C$4.6 million, and total operating expenses climbed 10.5% on an annual basis to C$5.6 million from C$5.1 million.

Reported net income came to a loss of C$315,000, or a loss of 0 cents per share, compared to a loss of C$352,000, or a loss of 0 cents per share, in the prior-year period.