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Go Life International H2 loss narrows YOY

Go Life International Ltd. said its normalized net income for the second half was $77,890, compared with a loss of $539,360 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 $124,620, compared with a loss of $3.7 million in the prior-year period.

For the year, the company's normalized net income totaled $76,430, compared with a loss of $-482,510 in the prior year.

The company said reported net income came to $122,290, or 0 cents per share, in the full year, compared with a loss of $3.6 million, or a loss of 4 cents per share, the prior year.