4Front Ventures Corp. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 3 million compared to USD 2.95 million a year ago. Revenue was USD 30.7 million compared to USD 28.44 million a year ago. Net loss was USD 11.47 million compared to USD 6.55 million a year ago. Basic loss per share from continuing operations was USD 0.02 compared to USD 0.01 a year ago.
For the six months, sales was USD 6.01 million compared to USD 5.92 million a year ago. Revenue was USD 61.07 million compared to USD 54.49 million a year ago. Net loss was USD 22.87 million compared to USD 12.45 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago.