Auxly Cannabis Group Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was CAD 19.83 million compared to CAD 24.49 million a year ago. Net loss was CAD 60.1 million compared to CAD 13.53 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to CAD 0.02 a year ago. Basic loss per share was CAD 0.07 compared to CAD 0.02 a year ago.
For the nine months, revenue was CAD 69.79 million compared to CAD 54.51 million a year ago. Net loss was CAD 114.24 million compared to CAD 15.36 million a year ago. Basic loss per share from continuing operations was CAD 0.13 compared to CAD 0.04 a year ago. Basic loss per share was CAD 0.13 compared to CAD 0.02 a year ago.