4910908 said its normalized net income for the first quarter came to a loss of 17 Swedish öre per share, compared with a loss of 13 öre 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 997,500 kronor, compared with a loss of 746,250 kronor in the year-earlier period.
The normalized profit margin climbed to negative 17.2% from negative 19.0% in the year-earlier period.
Total revenue climbed 47.9% year over year to 5.8 million kronor from 3.9 million kronor, and total operating expenses increased 47.7% year over year to 7.6 million kronor from 5.2 million kronor.
eported net income totaled a loss of 1.6 million kronor, or Gullberg & Jansson AB.
