JEMTEC Inc. reported earnings results for the third quarter and nine months ended April 30, 2023. For the third quarter, the company reported sales was CAD 0.344897 million compared to CAD 0.73162 million a year ago. Revenue was CAD 0.356599 million compared to CAD 0.732919 million a year ago. Net loss was CAD 0.075071 million compared to net income of CAD 0.118347 million a year ago. Basic loss per share from continuing operations was CAD 0.03 compared to basic earnings per share from continuing operations of CAD 0.04 a year ago. Diluted loss per share from continuing operations was CAD 0.03 compared to diluted earnings per share from continuing operations of CAD 0.04 a year ago.
For the nine months, sales was CAD 1.08 million compared to CAD 2.23 million a year ago. Revenue was CAD 1.1 million compared to CAD 2.23 million a year ago. Net loss was CAD 0.184427 million compared to net income of CAD 0.485697 million a year ago. Basic loss per share from continuing operations was CAD 0.07 compared to basic earnings per share from continuing operations of CAD 0.17 a year ago.