Aluula Composites Inc. reported earnings results for the second quarter and six months ended April 30, 2023. For the second quarter, the company reported sales was CAD 1.94 million compared to CAD 0.556915 million a year ago. Net loss was CAD 2.61 million compared to CAD 0.176091 million a year ago. Basic loss per share from continuing operations was CAD 0.02. Diluted loss per share from continuing operations was CAD 0.02.
For the six months, sales was CAD 3.39 million compared to CAD 1.22 million a year ago. Net loss was CAD 3.78 million compared to CAD 0.729807 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to CAD 0.01 a year ago.