Bitcoin Well Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was CAD 20.59 million compared to CAD 41.73 million a year ago. Net loss was CAD 1.09 million compared to net income of CAD 0.030069 million a year ago. Basic loss per share from continuing operations was CAD 0.01. Diluted loss per share from continuing operations was CAD 0.01.
For the six months, sales was CAD 34.12 million compared to CAD 69.26 million a year ago. Net loss was CAD 3.16 million compared to CAD 4.33 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.03 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to CAD 0.03 a year ago.