trending Market Intelligence /marketintelligence/en/news-insights/trending/xX1_grF_aUX669iv7t71xw2 content esgSubNav
In This List

Scholium Group swings to profit in fiscal H1

Blog

Insight Weekly: US stock market downturn; Chinese bank earnings; Europe's big tech bills

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Global M&A By the Numbers: Q1 2022

Blog

Insight Weekly: Earnings forecasts for US banks; corporate deleveraging; LatAm currency gains


Scholium Group swings to profit in fiscal H1

Scholium Group PLC said its normalized net income for the fiscal first half ended Sept. 30 came to £18,750, compared with a loss of £151,880 in the year-earlier period.

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

Total revenue grew 38.0% on an annual basis to £3.3 million from £2.4 million, and total operating expenses increased 24.5% from the prior-year period to £3.3 million from £2.6 million.

Reported net income totaled £6,000, or 0 pence per share, compared to a loss of £215,000, or a loss of 2 pence per share, in the year-earlier period.