IM Cannabis Corp. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was CAD 12.37 million compared to CAD 14.17 million a year ago. Net loss was CAD 2.15 million compared to CAD 127.79 million a year ago. Basic loss per share from continuing operations was CAD 0.96 compared to CAD 3.6 a year ago. Diluted loss per share from continuing operations was CAD 0.96 compared to CAD 3.6 a year ago. Basic loss per share was CAD 0.96 compared to CAD 108.6 a year ago. Diluted loss per share was CAD 0.96 compared to CAD 108.6 a year ago.
For the nine months, sales was CAD 38.11 million compared to CAD 39.87 million a year ago. Net loss was CAD 6.21 million compared to CAD 155.86 million a year ago. Basic loss per share from continuing operations was CAD 2.94 compared to CAD 11.4 a year ago. Diluted loss per share from continuing operations was CAD 2.94 compared to CAD 15.6 a year ago. Basic loss per share was CAD 2.94 compared to CAD 133.2 a year ago. Diluted loss per share was CAD 2.94 compared to CAD 137.4 a year ago.