KWESST Micro Systems Inc. reported earnings results for the third quarter and nine months ended June 30, 2023. For the third quarter, the company reported sales was CAD 0.150269 million compared to CAD 0.282432 million a year ago. Net loss was CAD 3.45 million compared to CAD 2.6 million a year ago. Basic loss per share from continuing operations was CAD 0.81 compared to CAD 3.5 a year ago. Diluted loss per share from continuing operations was CAD 0.81 compared to CAD 3.5 a year ago.
For the nine months, sales was CAD 0.629005 million compared to CAD 0.466148 million a year ago. Net loss was CAD 6.89 million compared to CAD 8.13 million a year ago. Basic loss per share from continuing operations was CAD 2.04 compared to CAD 11.32 a year ago. Diluted loss per share from continuing operations was CAD 2.04 compared to CAD 11.32 a year ago.