EarthLabs Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported negative revenue was CAD 2.38 million compared to CAD 10.35 million a year ago. Net loss was CAD 4.67 million compared to CAD 9.57 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to CAD 0.08 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to CAD 0.08 a year ago. Basic loss per share was CAD 0.04 compared to CAD 0.08 a year ago. Diluted loss per share was CAD 0.04 compared to CAD 0.08 a year ago.
For the nine months, negative revenue was CAD 9.33 million compared to revenue of CAD 3.57 million a year ago. Net loss was CAD 14.19 million compared to net income of CAD 8.85 million a year ago. Basic loss per share from continuing operations was CAD 0.1. Diluted loss per share from continuing operations was CAD 0.1. Basic loss per share was CAD 0.1 compared to basic earnings per share of CAD 0.09 a year ago. Diluted loss per share was CAD 0.1 compared to diluted earnings per share of CAD 0.08 a year ago.