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Best of the Best PLC fiscal H1 profit climbs 65.6% YOY

Best of the Best PLC said its normalized net income for the fiscal first half ended Oct. 31, 2014, was 2 Great British pence per share, a gain of 66.1% from 1 pence per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £222,500, an increase of 65.6% from £134,380 in the year-earlier period.

Total revenue grew 8.5% year over year to £3.7 million from £3.5 million, and total operating expenses climbed on an annual basis to £3.4 million from £3.2 million.

Reported net income grew 49.2% year over year to £283,430, or 3 pence per share, from £189,920, or 2 pence per share.