Indigo reported sales of C$196 million for the fourth quarter ending March 31, down 2 percent from the previous year, while suffering an operating loss of C$15.7 million from continuing operations, higher than the C$13.7 million the company lost the previous year. But Indigo received a one-shot earnings gain of C$135.7 million from selling Kobo to Rakuten (booking a pre-tax gain of $165 million, presumably less operating losses from the unit). For the full fiscal year, Indigo revenues decreased 2.3 percent to C$934 million and the company reported net profits of C$66.2 million — of which C$94 million was attributed […]
