Clairvest Group Inc. reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported negative revenue was CAD 3.91 million compared to revenue of CAD 55.15 million a year ago. Net loss was CAD 4.95 million compared to net income of CAD 37.46 million a year ago. Basic loss per share from continuing operations was CAD 0.34 compared to basic earnings per share from continuing operations of CAD 2.49 a year ago. Diluted loss per share from continuing operations was CAD 0.34 compared to diluted earnings per share from continuing operations of CAD 2.49 a year ago.
For the nine months, revenue was CAD 1.73 million compared to CAD 123.9 million a year ago. Net loss was CAD 29.46 million compared to net income of CAD 66.21 million a year ago. Basic loss per share from continuing operations was CAD 1.97 compared to basic earnings per share from continuing operations of CAD 4.4 a year ago. Diluted loss per share from continuing operations was CAD 1.97 compared to diluted earnings per share from continuing operations of CAD 4.4 a year ago.