Canada House Cannabis Group 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 1.31 million compared to CAD 1.32 million a year ago. Revenue was CAD 9.35 million compared to CAD 5.5 million a year ago. Net income was CAD 0.756 million compared to net loss of CAD 2.15 million a year ago. Basic earnings per share from continuing operations was CAD 0.02 compared to basic loss per share from continuing operations of CAD 0.09 a year ago. Diluted earnings per share from continuing operations was CAD 0.02 compared to diluted loss per share from continuing operations of CAD 0.09 a year ago.
For the nine months, sales was CAD 4.01 million compared to CAD 3.97 million a year ago. Revenue was CAD 23.15 million compared to CAD 16.78 million a year ago. Net income was CAD 1.45 million compared to net loss of CAD 7.22 million a year ago. Basic earnings per share from continuing operations was CAD 0.03 compared to basic loss per share from continuing operations of CAD 0.32 a year ago. Diluted earnings per share from continuing operations was CAD 0.03 compared to diluted loss per share from continuing operations of CAD 0.32 a year ago.