Fobi AI Inc. reported earnings results for the third quarter and nine months ended March 31, 2022. For the third quarter, the company reported sales was CAD 0.315008 million compared to CAD 0.010016 million a year ago. Net loss was CAD 5.4 million compared to CAD 1.55 million a year ago. Basic loss per share from continuing operations was CAD 0.04 compared to CAD 0.01 a year ago.
For the nine months, sales was CAD 1.82 million compared to CAD 0.010016 million a year ago. Net loss was CAD 14.85 million compared to CAD 6.75 million a year ago. Basic loss per share from continuing operations was CAD 0.11 compared to CAD 0.06 a year ago.