Aluula Composites Inc. reported earnings results for the third quarter and nine months ended July 31, 2023. For the third quarter, the company reported sales was CAD 2.17 million compared to CAD 0.862253 million a year ago. Net loss was CAD 0.53388 million compared to CAD 0.111575 million a year ago.
For the nine months, sales was CAD 5.56 million compared to CAD 2.08 million a year ago. Net loss was CAD 4.31 million compared to CAD 0.841382 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to CAD 0.01 a year ago.