Avante Logixx Inc. reported earnings results for the third quarter and nine months ended December 31, 2022. For the third quarter, the company reported sales was CAD 5.09 million compared to CAD 4.75 million a year ago. Net loss was CAD 0.274457 million compared to net income of CAD 1.61 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to basic earnings per share from continuing operations of CAD 0.084 a year ago. Basic loss per share was CAD 0.01 compared to basic earnings per share of CAD 0.076 a year ago.
For the nine months, sales was CAD 14.59 million compared to CAD 13.22 million a year ago. Net income was CAD 2.8 million compared to net loss of CAD 1.04 million a year ago. Basic loss per share from continuing operations was CAD 0.035 compared to CAD 0.123 a year ago. Basic earnings per share was CAD 0.106 compared to basic loss per share of CAD 0.049 a year ago.