Innovation1 Biotech Inc. reported earnings results for the second quarter and six months ended February 28, 2022. For the second quarter, the company reported net loss was USD 1.78 million compared to net income of USD 0.55795 million a year ago. Basic loss per share from continuing operations was USD 0.09 compared to basic earnings per share from continuing operations of USD 2.97 a year ago.
For the six months, net loss was USD 2.02 million compared to net income of USD 0.320681 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to basic earnings per share from continuing operations of USD 1.71 a year ago.