Listing costs aside, NoonTalk posts 14% deeper net loss y-o-y of $0.6 mil in 1HFY2023

Newly-listed NoonTalk Media has posted a net loss of $2.1 million for 1HFY2023 ended December, with revenue down 10.9% y-o-y to $2.0 million following a decrease in revenue contribution from its management and events segment.

Excluding the one-off listing and associated costs of $1.5 million, however, the company's adjusted net loss would have been $624,086 for 1HFY2023, compared to a net loss of some $711,970 in 1HFY2022.