Global Education Communities Corp. reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was CAD 4.97 million compared to CAD 4.61 million a year ago. Revenue was CAD 19.9 million compared to CAD 18.88 million a year ago. Net loss was CAD 0.479 million compared to net income of CAD 0.284 million a year ago. Basic loss per share from continuing operations was CAD 0.01. Diluted loss per share from continuing operations was CAD 0.01.
For the nine months, sales was CAD 14.01 million compared to CAD 12.26 million a year ago. Revenue was CAD 55.36 million compared to CAD 52.67 million a year ago. Net loss was CAD 3.28 million compared to net income of CAD 0.237 million a year ago. Basic loss per share from continuing operations was CAD 0.05. Diluted loss per share from continuing operations was CAD 0.05.