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Totally Hip Technologies fiscal Q1 loss widens 8.3% YOY

Totally Hip Technologies Inc. said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, amounted to a loss of C$63,630, compared with a loss of C$58,740 in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

Reported net income totaled a loss of C$101,810, or a loss of 0 cents per share, compared to a loss of C$93,980, or a loss of 0 cents per share, in the prior-year period.