Tivoli A/S said its normalized net income for the first quarter came to a loss of 7.17 Danish kroner per share, compared with a loss of 7.19 kroner per share in the year-earlier period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 41.0 million kroner, compared with a loss of 41.1 million kroner in the year-earlier period.
The normalized profit margin climbed to negative 40.6% from negative 54.1% in the year-earlier period.
Total revenue grew 32.8% year over year to 100.9 million kroner from 76.0 million kroner, and total operating expenses increased 17.7% year over year to 165.1 million kroner from 140.3 million kroner.
Reported net income totaled a loss of 49.5 million kroner, or a loss of 8.66 kroner per share, compared to a loss of 49.7 million kroner, or a loss of 8.69 kroner per share, in the prior-year period.
As of April 27, US$1 was equivalent to 6.85 Danish kroner.
