Dmail Group SpA said its normalized net income for the full year amounted to a loss of 46 euro cents per share, compared with a loss of €1.56 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 €1.8 million, compared with a loss of €2.4 million in the prior-year period.

The normalized profit margin climbed to negative 6.6% from negative 8.6% in the year-earlier period.

Total revenue decreased on an annual basis to €27.2 million from €27.6 million, and total operating expenses declined on an annual basis to €29.6 million from €30.5 million.

Reported net income came to €22.1 million, or €5.68 per share, compared to a loss of €5.7 million, or a loss of €3.72 per share, in the year-earlier period.