Sportscene Group Inc. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended February 28, 2016
For the six months, the company's revenues were CAD 42,480,000 compared to CAD 37,022,000 a year ago. Earnings before income tax expenses was CAD 45,000 compared to loss before income tax expenses of CAD 451,000 a year ago. Net loss and comprehensive loss attributable to company's shareholders was CAD 175,000 compared to net loss and comprehensive loss of CAD 336,000 a year ago. Basic and diluted earnings per share was CAD 0.04 compared to basic and diluted loss per share of CAD 0.08 a year ago. Adjusted EBITDA was CAD 2.4 million compared to CAD 1.8 million a year ago.