Electrameccanica Vehicles Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net loss was USD 18.8 million compared to USD 20.14 million a year ago. Basic loss per share from continuing operations was USD 0.16 compared to USD 0.18 a year ago.
For the nine months, sales was USD 0.608429 million compared to USD 4.03 million a year ago. Net loss was USD 43.98 million compared to USD 57.64 million a year ago. Basic loss per share from continuing operations was USD 0.37 compared to USD 0.49 a year ago.