Bitcoin Well Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was CAD 14.35 million compared to CAD 15.94 million a year ago. Net loss was CAD 0.983495 million compared to CAD 3.9 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.02 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to CAD 0.02 a year ago.
For the nine months, sales was CAD 48.47 million compared to CAD 85.2 million a year ago. Net loss was CAD 4.14 million compared to CAD 8.23 million a year ago. Basic loss per share from continuing operations was CAD 0.02 compared to CAD 0.06 a year ago. Diluted loss per share from continuing operations was CAD 0.02 compared to CAD 0.06 a year ago.