Diversified Royalty Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was CAD 13.61 million compared to CAD 11.64 million a year ago. Net income was CAD 6.85 million compared to CAD 6.73 million a year ago. Basic earnings per share from continuing operations was CAD 0.05 compared to CAD 0.05 a year ago. Diluted earnings per share from continuing operations was CAD 0.05 compared to CAD 0.05 a year ago.
For the nine months, revenue was CAD 40.1 million compared to CAD 32.46 million a year ago. Net income was CAD 22.63 million compared to CAD 20.07 million a year ago. Basic earnings per share from continuing operations was CAD 0.16 compared to CAD 0.16 a year ago. Diluted earnings per share from continuing operations was CAD 0.16 compared to CAD 0.16 a year ago.