Decibel Cannabis Company 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 49.11 million compared to CAD 28.51 million a year ago. Revenue was CAD 30.19 million compared to CAD 18.32 million a year ago. Net income was CAD 0.413 million compared to CAD 5.17 million a year ago.
For the nine months, sales was CAD 141.29 million compared to CAD 78.6 million a year ago. Revenue was CAD 88.23 million compared to CAD 53.53 million a year ago. Net loss was CAD 0.579 million compared to CAD 1.32 million a year ago.