Axis Auto Finance Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported revenue was CAD 9.69 million compared to CAD 9.88 million a year ago. Net loss was CAD 4.71 million compared to net income of CAD 0.293388 million a year ago. Basic loss per share from continuing operations was CAD 0.039 compared to basic earnings per share from continuing operations of CAD 0.002 a year ago.
For the nine months, revenue was CAD 30.52 million compared to CAD 29.88 million a year ago. Net loss was CAD 6.09 million compared to net income of CAD 1.17 million a year ago. Basic loss per share from continuing operations was CAD 0.05 compared to basic earnings per share from continuing operations of CAD 0.01 a year ago.