Innovative MedTech, Inc. reported earnings results for the third quarter and nine months ended March 31, 2023. For the third quarter, the company reported revenue was USD 0.477117 million compared to USD 0.291787 million a year ago. Net loss was USD 0.79959 million compared to net income of USD 0.078457 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to basic earnings per share from continuing operations of USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to diluted earnings per share from continuing operations of USD 0.01 a year ago.
For the nine months, revenue was USD 1.28 million compared to USD 0.939061 million a year ago. Net loss was USD 2.78 million compared to USD 0.379717 million a year ago. Basic loss per share from continuing operations was USD 0.13 compared to USD 0.02 a year ago. Diluted loss per share from continuing operations was USD 0.13 compared to USD 0.02 a year ago.