Aimia Inc.

09:58 AM EST - Aimia Inc. : Reported its financial results for the three months ended June 30, which is presented under a new format consistent with its updated corporate strategy as an investment holding company. The company reported cash from operating activities (continuing operations) of $10.6 million, an improvement of $18.2 million. It also said it was on track to achieving an annualized corporate operating expense run-rate of $15 million, including $3 million in share-based compensation, for cash operating expense of $12 million. Net earnings totaled only $6.1 million, in contrast with $34.7 million in the prior-year quarter. Aimia Inc. shares T.AIM are trading up $0.12 at $3.95.