Bitcoin Well Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 13.41 million compared to CAD 14.35 million a year ago. Net loss was CAD 1.84 million compared to CAD 0.983495 million a year ago. Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago. Diluted loss per share from continuing operations was CAD 0.01 compared to CAD 0.01 a year ago.
For the nine months, sales was CAD 40.94 million compared to CAD 48.47 million a year ago. Net loss was CAD 6.82 million compared to CAD 4.14 million a year ago. Basic loss per share from continuing operations was CAD 0.04 compared to CAD 0.02 a year ago. Diluted loss per share from continuing operations was CAD 0.04 compared to CAD 0.02 a year ago.