Trade Me Group Ltd. said its normalized net income for the fiscal first half ended Dec. 31, 2014, came to 8 New Zealand cents per share, compared with 8 cents per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NZ$33.4 million, compared with NZ$33.2 million in the prior-year period.
Total revenue climbed 13.1% on an annual basis to NZ$96.9 million from NZ$85.7 million, and total operating expenses rose 29.9% on an annual basis to NZ$39.7 million from NZ$30.6 million.
Reported net income rose from the prior-year period to NZ$38.4 million, or 10 cents per share, from NZ$38.0 million, or 10 cents per share.
As of Feb. 18, US$1 was equivalent to NZ$1.33.
