Cansortium Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 24.43 million compared to USD 22.42 million a year ago. Net loss was USD 5.35 million compared to USD 12.01 million a year ago. Basic loss per share was USD 0.02. Diluted loss per share was USD 0.02.
For the six months, sales was USD 46.49 million compared to USD 42.13 million a year ago. Net loss was USD 12.73 million compared to USD 22.15 million a year ago. Basic loss per share was USD 0.04 compared to USD 0.09 a year ago. Diluted loss per share was USD 0.04 compared to USD 0.09 a year ago.