Auxly Cannabis Group Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was CAD 27.34 million compared to CAD 20.85 million a year ago. Net loss was CAD 14.29 million compared to net income of CAD 8.66 million a year ago. Basic loss per share from continuing operations was CAD 0.02. Basic loss per share was CAD 0.02 compared to basic earnings per share of CAD 0.01 a year ago.
For the six months, revenue was CAD 49.96 million compared to CAD 30.02 million a year ago. Net loss was CAD 54.14 million compared to CAD 1.84 million a year ago. Basic loss per share from continuing operations was CAD 0.06 compared to CAD 0.02 a year ago. Basic loss per share was CAD 0.06.