DeFi Technologies 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 0.750151 million compared to CAD 0.649008 million a year ago. Revenue was CAD 1.42 million compared to CAD 0.295605 million a year ago. Net loss was CAD 7.48 million compared to CAD 5.81 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to CAD 0.03 a year ago.
For the nine months, sales was CAD 2.09 million compared to CAD 4.4 million a year ago. Revenue was CAD 5.85 million compared to negative revenue of CAD 3.1 million a year ago. Net loss was CAD 16.21 million compared to CAD 36.06 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to CAD 0.17 a year ago. Diluted loss per share from continuing operations was CAD 0.07 compared to CAD 0.17 a year ago.